TVS Motors, one of India’s leading 2W and 3W manufacturers, currently operates a vast portfolio across multiple segments, styles and price ranges. The company has strong sales potential in the domestic market and also has strong demand in several global markets for its 2W and 3W offerings.
This demand is also increasing day by day, and TVS Motor is keen to expand its overall production capacity to meet this demand. This increase in production capacity is expected to keep the demand for premium motorcycles, electric scooters and even 3W offerings under control. let’s take a closer look.
TVS Motor Production Capacity Expansion
To keep the rising demand under control, TVS Motor has decided to increase the production capacity by 1.5 million units (15 lakh units). The company intends to achieve this strategy by increasing production at its Hosur manufacturing facility in the state of Tamil Nadu within the next 12 months to meet the demands.
The company currently has a manufacturing capacity of approximately 6.8 million units per annum (68 lakh units). With this ramp up in production capacity planned within the next 12 months, the company’s total estimated production capacity will total 8.3 million units (83 lakh units) per annum.
In FY26, TVS Motor sold over 5.9 million units (59 lakh units) across both ICE and EV portfolios. The iQube electric scooter manufacturer currently tops India’s electric 2W vehicle sales chart. In March 2026, TVS sold a total of 38,757 units of iQube electric scooters, a 46.26% year-on-year growth.
TVS Motor also plans to increase its EV production, which will touch 40,000 units per month in the near future, gradually increasing to 50,000 units per month. The company’s Hosur manufacturing facility will play a key role in the production of future premium motorcycles under the Norton brand for the Indian market and the world.
New features planned
The company has earmarked capital expenditure of Rs 3,500 crore for FY27 on product development, R&D and manufacturing expansion. There are reports that TVS Motor is currently evaluating plans to build new manufacturing facilities to produce 2W and 3W vehicles. The proposed sites under consideration could be in Madhya Pradesh, Karnataka, Tamil Nadu and Gujarat. More details about the new manufacturing facilities will be revealed in the future.