Norton has exciting products in the works, says TVS CEO
TVS Motor Company plans to continue investing in Norton, which it acquired in 2020 , for the next eight quarters as it seeks to redefine the product portfolio to pave the way for growth. Speaking to analysts in the post Q2 earnings call, KN Radhakrishnan, CEO of TVS Motor Company, said, "We have a series of products in design and development and we are getting closer to product readiness, we will continue to invest in the next 8 quarters in Norton. At present, we are trying to meet the pending requirement of Norton customers, but for future, we are completely redefining Norton and the TVS team is working with them to redefine the product in the pipeline. A very clear product pipeline has been set up and I am pretty confident, going forward you will see product Norton is going to delight the customers.'' During the year, TVS Motor Company invested about Rs 180 crore in the British brand. The South Indian two-wheeler maker has plans of investing Rs 800 crore during FY