Indiaafrica Ties Poised For Strategic Growth: TVS Motor Chairman

(MENAFN- KNN India) New Delhi, Aug 29 (KNN) At the 20th CII India–Africa Business Conclave in New Delhi on August 29, 2025, TVS Motor Company Chairman Sudarshan Venu highlighted the immense potential for long-term collaboration between India and Africa in the changing global economy.

Venu stressed that Africa's rapidly growing consumer base and expanding infrastructure projects provide significant opportunities for investment.

He pointed out that sectors such as artificial intelligence, healthcare, and financial technology are emerging as strong drivers of economic transformation across the continent.

Moving beyond short-term trade arrangements, he urged businesses from both regions to focus on partnerships that create real value.

According to him, customer engagement, product quality, and customisation for local markets must remain central for building trust and ensuring sustainable growth.

Drawing on TVS Motor's two-decade-long experience in Africa, Venu shared how the company has developed a strong footprint by adapting to local mobility needs.

In FY 2025, TVS Motor exported 1.09 million two-wheelers globally, marking a 22.8% growth. A large share of this success came from Africa and Latin America, demonstrating the continent's importance in India's global trade strategy.

He reaffirmed TVS Motor's commitment to further strengthen its presence in Africa through continued investments and innovation.

Venu added that collaboration between Indian and African businesses should focus on long-term trust and mutual benefits, rather than transactional gains.

The conclave echoed this vision, with policymakers and industry leaders discussing how India and Africa can build partnerships that fuel economic growth, create jobs, and drive social progress.

Venu concluded that the two regions, working together, have the potential to shape a future defined by resilience, inclusivity, and shared prosperity.

(KNN Bureau)

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