New Delhi: TVS Motor, one of India’s leading two- and three-wheeler manufacturers, has hailed the signing of the India-UK Free Trade Agreement (FTA) during Prime Minister Narendra Modi’s official visit to the United Kingdom as a pivotal development for Indian industry.
The landmark pact aims to double bilateral trade from USD 60 billion to USD 120 billion by 2030, significantly accelerating the ‘Make in India’ mission and reinforcing India’s emergence as a global manufacturing powerhouse.
The FTA is poised to enhance trade access and reduce barriers, creating unprecedented opportunities for Indian companies to showcase innovation, design, and engineering capabilities on the world stage.
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For TVS Motor, the timing is particularly opportune as the company readies to launch its new line of Norton Motorcycles in the UK, marking a major milestone in its global growth journey following the acquisition of the iconic British brand.
Speaking on the development, Sudarshan Venu, Managing Director of TVS Motor Company, said, “We are deeply inspired by Prime Minister Modi’s vision of Viksit Bharat. The signing of the India-UK FTA is a defining moment for Indian industry. It gives new momentum to the ‘Make in India’ initiative and energizes our mission to deliver world-class products to global markets.
TVS Motor: Boost to International Strategy
With the launch of the new Norton lineup this year, we see this as a tremendous boost to our international strategy and commitment to quality, innovation, and design leadership.”
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TVS Motor believes the FTA will serve as a catalyst for expanding India’s automotive footprint, while enhancing the country’s position in high-value, high-tech manufacturing sectors.
The company also sees it as an opportunity to scale up its design, R&D, and sustainability efforts in alignment with global expectations and market trends.
As Indian businesses prepare to tap into new international opportunities, TVS Motor’s endorsement of the India-UK trade deal underscores a broader sentiment among Indian exporters aiming for deeper global integration.
