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March 11, 2021
G Srinivasa Raghavan, Managing Director, TVSAL×
To embark on a major network and technology expansion to accelerate growth
TVS Automobile Solutions Ltd (TVSASL) plans an aggressive expansion with a goal of opening ‘one franchisee a day with a digital ecosystem flavour’ during the next fiscal as the leading automobile aftermarket player gears up for emerging growth curve post acquisition of Mahindra First Choice Services Ltd (MFCSL).
The company has successfully integrated MFCSL after all clearances and the latter is now a 100 per cent subsidiary. “With this integration, MyTVS brand is the only pan-India aftermarket multi-brand network of this scale and size 650 franchisees in 270 towns,” said G Srinivasa Raghavan, Managing Director, TVSASL.