TVS Motor Company Limited — Updates, 25-01-2025: Press Release

Ezz LCV, the authorized distributor for TVS Motor Company in Egypt, has inaugurated a new assembly line in Giza, marking a significant investment of approximately $6.5 million (360 million EGP) to bolster local manufacturing capabilities. This state-of-the-art facility will produce up to 100,000 units annually, allowing for the assembly of popular models such as the TVS Apache RTR Series and TVS HLX Series. The initiative is expected to enhance delivery times and align product offerings with Egyptian customer preferences. Management emphasized that this expansion not only underscores their commitment to the Egyptian market but will also create job opportunities and optimize economic impacts in the region. The facility leverages TVS’s engineering expertise and aims to meet the increasing demand for innovative two-wheelers. Investors should watch closely for potential growth as this development strengthens TVS's position in Egypt.