Latest news with #SudarshanVenu
NDTV
07-08-2025
- Automotive
- NDTV
Norton Drops New Clues For Upcoming Motorcycle In Latest Teaser: Watch
Norton, the UK-based motorcycle brand owned by TVS, has its plate full working on its upcoming model. While the engineers work on the development of the new motorcycle, they conduct various tests in different conditions. The social media team is working on creating hype around the launch of the new machine. The latest teaser released by the brand in the form of a short video clip gives a hint at what is cooking in Norton's office. Although it reveals very little, keeping most details in the shadows. Analysing the details of the video clip, it is hard to pinpoint the exact details considering the vague nature of the teaser. So much so that it is hard to say what part of the bike has been shown in the video. It can either be the fairing or the infills around the frame of the machine. However, the voiceover in the background of the video hints that it is not a small-capacity commuter; instead, it might be one of the top-spec machines of the brand. Also Read: KTM 160 Duke Teased For India; Launch Likely Soon Specifically, in the video, the person can be heard saying, "packaging is very tight." Along with statements like, "the size of the frame and the amount of components and the size of the engine that fits in." All of these statements hint at a big-bore machine. Things lean even more in this direction, considering the fact that the Norton V4 has been recently spied testing with TVS Motor Company's MD, Sudarshan Venu, in the saddle. If indeed it's the Norton V4, we can expect it to have a 1,200 cc V4 engine with changes in its details. Furthermore, it might get a full suite of electronics with multiple riding modes, traction, control, cornering ABS, and more. While the details remain to be confirmed, Norton will take its sweet time to fully reveal the motorcycle. It will remain under the veil until November 4, and probably be revealed using the opportunity at the EICMA in Milan.
News18
04-08-2025
- Business
- News18
'AGCO, TAFE Reach Settlement After Close Collaboration With Sudarshan Venu': AGCO CEO
Last Updated: 'This outcome was made possible with close collaboration with Sudarshan Venu, son of TAFE's chairman and MD,' says AGCO CEO Eric P Hansotia during Q2 2025 earnings call. AGCO Corporation Chairman and CEO Eric P Hansotia has acknowledged the key role played by TVS Motor Company Chairman Sudarshan Venu in reaching a comprehensive resolution with Chennai-based tractor manufacturer TAFE (Tractors and Farm Equipment Limited), bringing an end to a long-running dispute over shareholding and brand rights. Speaking during AGCO's Q2 2024 earnings call, Hansotia confirmed that the US-based agriculture machinery giant had finalised an agreement with TAFE, under which AGCO will exit its 20.7 per cent shareholding in TAFE for a consideration of $260 million. The move makes TAFE a fully owned subsidiary of the Chennai-based Amalgamations Group, a diversified industrial conglomerate. 'Turning to a couple of AGCO-specific items, we recently announced the resolution with TAFE on all outstanding commercial, governance and shareholding matters. This outcome was made possible with close collaboration with Sudarshan Venu, son of TAFE's chairman and managing director," Hansotia said during the Q2 2025 earnings call on July 31, 2025. The company follows January-December fiscal year. The agreement also grants TAFE sole and exclusive ownership of the Massey Ferguson brand in India, Nepal, and Bhutan. As per a statement released by TAFE in July, the settlement includes full rights, title, and interest in the Massey Ferguson brand and associated trademarks, along with all goodwill linked to them. This marks the end of a long-standing partnership between the two agricultural equipment giants, which had begun to show signs of strain in late 2024. The dispute came to a head in September when AGCO announced it was terminating its agreements with TAFE, including the licensing of the Massey Ferguson brand. TAFE responded by filing a contempt petition, alleging that AGCO's actions violated earlier court directives and were executed without proper legal notice. The resolution now paves the way for both companies to pursue independent strategies in the Indian subcontinent, one of the world's largest tractor markets. For TAFE, the settlement secures full control over one of its flagship brands in key geographies and allows it to move forward with brand and product development without external restrictions. For AGCO, the divestment aligns with its global portfolio strategy and eliminates governance complexities stemming from minority shareholding in a former joint venture. The agreement is also being viewed as a reflection of Sudarshan Venu's growing influence in resolving high-stakes corporate matters. While he currently leads TVS Motor, a separate entity from TAFE, his involvement in the settlement underscores the close familial and corporate ties within the broader business group and highlights his role in facilitating constructive dialogue between the parties. With the dispute now resolved, both companies are expected to focus on growth and innovation in a rapidly evolving global agri-machinery market. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
27-07-2025
- Automotive
- Time of India
TVS Motor gears up for global expansion with Norton launch, new product pipeline
TVS Motor is gearing up for a transformative year in FY26 with a strategic focus on global expansion, premium product launches, and sustainable mobility. The company will roll out the iconic British brand Norton Motorcycles in the UK, India, and select European markets in the third quarter of FY26. Four new models are scheduled for launch, with deliveries slated for the summer of 2026. 'Our journey is just beginning,' said Sudarshan Venu, Managing Director, TVS Motor Company. 'Favourable macroeconomic trends such as lower repo rates, tax relief, and infrastructure-led consumption will boost two- and three-wheeler demand. We are strategically placed to capitalise on this momentum with our diversified portfolio and sharp customer focus.' Norton lineup The new Norton lineup will reflect TVS's philosophy of 'Design, Dynamism, and Detail', aiming to position the brand as a premium offering in global markets. Alongside this, TVS will enter the adventure tourer segment in India and launch made-in-India electric bicycles within the year. Chairman Ralf Speth said the Norton launch will be a key milestone in the company's global journey. 'It reinforces our ambition to deliver desirable mobility solutions across continents, backed by a unique international workforce and strong Indian expertise.' Export potential TVS also sees significant export potential in FY26, with growth expected in Africa, the Middle East, ASEAN, and Latin America. The company is cautiously optimistic that global geo-political challenges can be offset by rising demand in these regions. Armed with a robust product pipeline and expansion strategy, TVS Motor is set to unlock its next wave of growth—anchored in digitalisation, innovation, and sustainability.
Hans India
24-07-2025
- Automotive
- Hans India
India-UK FTA During PM Modi's Visit Marks New Era for ‘Make in India': TVS Motor
TVS Motor Company today welcomed the signing of the India-UK Free Trade Agreement (FTA) during Prime Minister Narendra Modi's two-day official visit to Britain. The landmark agreement is expected to double bilateral trade from USD 60 billion to USD 120 billion by 2030, and is a significant step forward in realising the Prime Minister's vision of Viksit Bharat. The FTA is poised to open new global frontiers for Indian manufacturing and design, especially under the Government of India's flagship 'Make in India' initiative. For TVS Motor Company, the agreement comes at a pivotal time as it prepares to launch a new line of Norton Motorcycles in the UK, following its strategic acquisition of the iconic British brand. Welcoming this FTA, Sudarshan Venu, Managing Director, TVS Motor Company said 'We are deeply inspired by Prime Minister Narendra Modi's vision of Viksit Bharat and his unwavering commitment to making India a global manufacturing and design powerhouse. The signing of the India-UK Free Trade Agreement is a pivotal moment—it opens new frontiers for Indian companies to take 'Make in India' to the world. We are particularly excited given the launch of new Norton vehicles this year, which will benefit from the strengthening of trade links between India and the UK. It energises our global ambitions and strengthens our resolve to build world-class products and brands.' TVS Motor believes the India-UK FTA will create immense opportunities for Indian companies to expand their global footprint while showcasing the country's innovation and engineering excellence on a larger platform.
Business Standard
24-07-2025
- Automotive
- Business Standard
Indo-UK FTA to boost 'Make in India', double trade by 2030: TVS Motor
The signing of the India-UK Free Trade Agreement is poised to open new global frontiers for Indian manufacturing under the Government of India's flagship 'Make in India' initiative, a top official of two and three wheeler maker TVS Motor Company said on Thursday. The FTA is also a significant step forward in realising the Prime Minister Narendra Modi's vision of 'Viksit Bharat'. TVS Motor believes the India-UK FTA would create immense opportunities for Indian companies to expand their global footprint while showcasing the country's innovation and engineering excellence on a larger platform. The landmark agreement is expected to double bilateral trade from the $60 billion to $120 billion by 2030, TVS Motor said. The Chennai-based company's Managing Director Sudarshan Venu in a release here, said, "We are deeply inspired by Prime Minister Narendra Modi's vision of Viksit Bharat and his unwavering commitment to making India a global manufacturing and design powerhouse." ALSO READ: UK-India FTA to boost medical device trade amid country of origin concerns "The signing of the India-UK Free Trade Agreement is a pivotal moment - it opens new frontiers for Indian companies to take 'Make in India' to the world. We are particularly excited given the launch of new Norton vehicles this year, which will benefit from the strengthening of trade links between India and the UK. It energises our global ambitions and strengthens our resolve to build world-class products and brands," he added.
