HomeSri Lanka NewsTVS Lanka Enhances Local Production of Two-Wheelers to Strengthen Sri Lankan Economy

TVS Lanka Enhances Local Production of Two-Wheelers to Strengthen Sri Lankan Economy

Published on

TVS Lanka is enhancing Sri Lanka’s two-wheeler industry by manufacturing a comprehensive range of motorcycles, scooters, and mopeds with domestic value addition.

Since inaugurating its advanced assembly facility in 2021, established with an investment exceeding half a billion rupees, the company has focused on bolstering local manufacturing capabilities.

This initiative aligns with the Ministry of Industries’ Domestic Value Addition programme, setting new benchmarks in quality and innovation.

CEO Geethal Anthony emphasised the importance of this endeavour in managing rupee depreciation and developing the local component manufacturing industry, thereby supporting the nation’s economic revitalisation.

LATEST NEWS

Seylan Bank Appoints Krishan Thilakaratne as Deputy Chairman

Seylan Bank PLC has appointed Krishan Thilakaratne, Non-Executive Director, as Deputy Chairman of the...

Colombo Land Valuation Indicator Rises 5.9% in First Half of 2026

The Land Valuation Indicator (LVI) for Colombo District increased by 5.9 per cent year...

More Than Half of Leaders Who Cut Jobs for AI Admit They Made the Wrong Decision

More than half of business leaders who made employees redundant after introducing artificial intelligence...

US Consumers Tighten Their Belts but Keep Room for Small Luxuries

American consumers are becoming increasingly selective about where they spend their money, balancing pressure...

MORE LIKE THIS

Seylan Bank Appoints Krishan Thilakaratne as Deputy Chairman

Seylan Bank PLC has appointed Krishan Thilakaratne, Non-Executive Director, as Deputy Chairman of the...

Colombo Land Valuation Indicator Rises 5.9% in First Half of 2026

The Land Valuation Indicator (LVI) for Colombo District increased by 5.9 per cent year...

More Than Half of Leaders Who Cut Jobs for AI Admit They Made the Wrong Decision

More than half of business leaders who made employees redundant after introducing artificial intelligence...