Tvs Investments In Lossmaking Uk Arm Norton Spark Analyst Concerns

business tvs investments in loss making uk arm norton spark analyst concerns

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Norton was acquired by the TVS in 2020 in an all-cash deal for ?153 crore. Since taking over the motorcycle brand, TVS has invested more than ?1,000 crore into the company. In 2021, it opened a new plant in Solihuli, UK, with a capacity to produce around 8,000 motorcycles in an year.

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