TVS Motor Company (TVSM) - a leading global automaker in the two and three-wheeler segment - has further strengthened its partnership with PETRONAS Lubricants International (PLI) to elevate the Indian motorsport landscape. Under this expanded alliance, PLI will continue to be the title sponsor of TVS Racing - the country's first factory racing team - for the next three years, supporting the team's participation in the Indian National Supercross Championship (INSC), Indian National Rally Championship (INRC), and Indian National Motorcycle Racing Championship (INMRC). This partnership reaffirms the shared commitment of two companies towards promoting motorsports in India while reinforcing PLI's position in the country's high-performance lubricants market.
PETRONAS has been the title sponsor of TVS Racing across the 2022-2023 season, complementing the team's four-decade legacy in Indian motorsports. As part of this partnership, PLI will continue as the official supplier of after-market oils to TVSM's extensive dealership network. The PETRONAS TVS TRU4 product range will offer premium semi and full synthetic lubricants designed for high-performance TVS motorcycles, further enhancing engine efficiency and longevity. This collaboration not only reinforces PLI's footprint in India's two-wheeler market but also aligns with TVS Racing's commitment to innovation and excellence in motorsports.
Speaking on the partnership, Vimal Sumbly, Head Business - Premium, TVS Motor Company, said, "TVS Racing is a pioneer of motorsports in India and has consistently secured more than 80% win rate across multiple formats of racing. This racing pedigree directly influences our Apache series, bringing race-derived performance and technology to our customers. With over four decades, TVS Racing has played a pivotal role in democratizing motorsports in India and nurturing world-class talent with its programs like the TVS One Make Championship. Strengthening our partnership with PLI underscores our shared commitment to pushing the boundaries of performance and innovation. Their cutting-edge technology and experience in premier racing events perfectly compliments our vision for the sport. PLI's expertise in fluid technology, combined with our racing heritage, will continue to shape the future of twowheeler racing in India."
Binu Chandy, Chief Executive Officer of PETRONAS Lubricants India (Pvt) Ltd said, "Our collaboration with TVS Racing has been instrumental in demonstrating the synergy between highperformance lubricants and motorsport excellence. This partnership not only strengthens our presence in India's dynamic two-wheeler market but also aligns with our broader energy ambitions in the country. Our motorsports legacy, combined with TVS Racing's dominance in Indian motorsports for over 40 years, positions us to drive the sport forward. We are excited to support TVS Racing as we continue this journey together."
TVS Racing continues to dominate national and international motorsports, with Aishwarya Pissay extending her winning streak at the Bajas Championship and the TVS Asia One Make Championship (OMC) concluding a successful third season with 15 racers from nine countries. On the national stage, the team secured Teams & Manufacturer titles in INMRC Pro Stock (165cc & 301-400cc), championships across all INRC categories, and strong podium finishes at the INSC. The 14th season of TVS Indian OMC also wrapped up successfully, featuring 50 of India's top racing talents.
With its 'Track to Road' philosophy, TVS Racing continues to shape the TVS Apache series, integrating race-derived technology into high-performance motorcycles. The PETRONAS TVS Racing Team remains committed to pushing the boundaries of motorsports excellence, setting new benchmarks across key racing formats.
As TVS Racing and PLI strengthen their partnership, their shared expertise and vision will continue to inspire riders and motorsports enthusiasts, driving new milestones in two-wheeler racing.
Shares of TVS Motor Company Limited was last trading in BSE at Rs. 2249.15 as compared to the previous close of Rs. 2258.40. The total number of shares traded during the day was 5643 in over 1082 trades.
The stock hit an intraday high of Rs. 2285.25 and intraday low of 2246.45. The net turnover during the day was Rs. 12740136.00. |
