TVS to setup Forging Unit in Andhra Pradesh!

Leading Two Wheeler and Three Wheeler Manufacturer, TVS is planning to setup a forging unit in Andhra Pradesh. The company have manufacturing units in Himachal Pradesh, Tamil Nadu and Karnataka. They are now eyeing Andhra Pradesh to increase their productivity. APIIC is reportedly planning to give them 100 acres of land near Naidupeta in Nellore district.

The company officials will be visiting the location very soon. The company believes that close proximity to sea ports will help in the easy export of their products to other states and as well as other countries.

Andhra Pradesh is giving liberal incentives to attract Automobile companies to the state. Already Hero Motocorp is establishing a manufacturing unit in the state. APIIC recently handed over the land to the company.