TVS Srichakra Opens 14th Eurogrip Store in Ludhiana
Filing Summary
TVS Srichakra Ltd. has announced the opening of its 14th Eurogrip exclusive retail store in Ludhiana, expanding its retail footprint in India. The store offers a comprehensive range of tyres and services for 2-wheelers, including professional tyre fitment and care. This expansion aligns with the company’s strategy to enhance its branded retail presence across key markets. The Ludhiana store joins other locations in Delhi, Alappuzha, Chennai, and more, reinforcing TVS Srichakra’s commitment to providing a consistent service environment for its customers.
TVS Srichakra Ltd. has launched its 14th exclusive Eurogrip retail store in Ludhiana. This development is part of the company’s ongoing efforts to expand its retail presence across India. The new store aims to provide customers with a complete tyre and 2-wheeler care experience. The opening event was attended by members of the Eurogrip team and business partners, marking a significant addition to the company’s retail network.
The financial terms related to the opening of the new store have not been disclosed in the filing. However, the expansion is part of TVS Srichakra’s broader strategy to strengthen its branded retail footprint across key markets in India. The company continues to focus on providing a consistent and trusted service environment for its customers through its network of exclusive stores.
The Ludhiana store offers a wide range of Eurogrip tyres, catering to various 2-wheelers, including scooters, commuter motorcycles, mid-range performance bikes, adventure touring bikes, and superbikes. The store provides services such as professional tyre fitment, tyre care, puncture repair, and air pressure checks. Additionally, it assists customers with warranty-related queries, ensuring a seamless ownership experience.
TVS Srichakra’s expansion into Ludhiana is part of its strategy to tap into key markets with a vibrant two-wheeler community. The company has previously opened stores in Delhi, Alappuzha, Chennai, Mysuru, Patna, Farrukhabad, Ahmedabad, Hyderabad, and Rajkot. This network of stores is designed to offer a consistent service experience and enhance customer access to the company’s products and services.
The new store is located at Chawla Auto Traders, Phase 3, Shaheed Karnail Singh Nagar, Ludhiana, Punjab. The opening of this store is a milestone in TVS Srichakra’s journey to bring high-quality products and dependable services closer to its customers.
TVS Srichakra Ltd. is a leading manufacturer and exporter of two and three-wheeler tyres and off-highway tyres. It is part of the USD 3 Billion TVS Mobility group. The company operates manufacturing facilities in Madurai and Rudrapur, with a production capacity of over 3 million tyres per month. TVS Srichakra’s products are available in over 85 countries, and it maintains a significant market share among original equipment manufacturers and replacement markets in India.