TVS Motors to assemble vehicles in Bangladesh, ties up with state-owned co

This is the Indian auto firm's second manufacturing unit outside India, the first being in Indonesia

TVS Motors is planning to assemble vehicles in Bangladesh in partnership with state-owned Atlas Bangladesh Limited. Outside India, TVS Motor currently manufactures vehicles only in Indonesia, through which it caters to both domestic and international markets.

A TVS Motor spokesperson said that state-owned Atlas Bangladesh Limited planed to procure and assemble motorcycles from TVS Motor and other manufacturers for supply to certain government institutions. The material would be procured from TVS Auto Bangladesh, the distributors for TVS Motor Company. TVS Auto Bangladesh already operates the manufacturing facility for TVS Motor vehicles in Bangladesh and employs over 700 people directly