As Sri Lanka is engulfed by its economic crisis, the new destination for Indian auto companies seems to be Bangladesh which is on the brink of a major economic boom, spurring auto majors to look eastwards.
Tag: Sri Lanka
TVS Motor Company launches mileage-efficient TVS Sport 100cc motorcycle in Sri Lanka
The TVS Sport has around 2.5 million customers globally. In Sri Lanka, TVS Sport, a blend of style and comfort, is the ideal motorcycle to traverse long distance with excellent fuel efficiency.
Tata Motors launches compact SUV NEXON in Sri Lanka
Tata Motors has launched its compact SUV NEXON in Sri Lanka. The Tata NEXON is a revolutionary design of “breaking the box” with an aerodynamic silhouette.
Domestic demand to drive 3W market growth
After subdued 2016-17, the three-wheeler (3W) market is headed for robust growth in 2017-18 as permit restrictions for 3W removed in states such as Maharashtra and Gujarat.
In June last year, following the footsteps of Gujarat, Maharashtra decided to end the Permit Raj in the autorickshaw and taxis service segment in the cities across the state. This brought cheers to 3-wheeler makers, who were still then facing subdued growth.
TVS Motor Company ties up with Abans Auto
Chennai-based TVS Motor Company has tied up with Abans Auto to export three-wheelers to Sri Lanka.