Eurogrip Tyres Expands Retail Network with Three New Stores in Gujarat and Uttar Pradesh
Eurogrip Tyres, from TVS Srichakra Ltd., has opened three new exclusive retail stores in Mehsana (Gujarat), Noida, and Bareilly (Uttar Pradesh). This expansion increases the total store count to 19, enhancing customer access to tyre and 2-wheeler care services.
The announcement details the opening of new retail stores, which is a routine business expansion activity and does not significantly impact the company's overall financial performance or market position.
The opening of new retail stores signifies business expansion and a commitment to customer service, which are positive developments for the company.
Eurogrip Tyres, a leading 2 & 3-wheeler tyre brand from TVS Srichakra Ltd., announced the opening of three new exclusive retail stores. These new outlets are located in Mehsana, Gujarat, and in Noida and Bareilly, Uttar Pradesh. This expansion brings the total number of Eurogrip stores to 19, reinforcing the company's commitment to enhancing customer experience by providing a comprehensive tyre and 2-wheeler care service.
Mr. T.K. Ravi, Chief Operating Officer of TVS Srichakra Ltd., stated that the expansion through these new stores reflects Eurogrip's dedication to strengthening its presence in key Indian markets. The stores will offer the complete range of Eurogrip tyres, expert guidance, and professional services.
The newly launched stores will feature Eurogrip's diverse range of tyres and tubes suitable for various 2-wheelers, from scooters and commuter motorcycles to mid-range performance and adventure touring bikes. Services offered will include professional tyre fitment, tyre care, puncture repair, and air pressure checks, along with warranty support.
This expansion is part of TVS Srichakra's strategy to bolster its branded retail footprint across India. The company already operates retail experience stores in several other cities, including Hyderabad, Panipat, Bahraich, Ludhiana, Delhi, Alappuzha, Chennai, Mysuru, Patna, Farrukhabad, Ahmedabad, and Rajkot.
The new store addresses are: Ganesh Tyres in Mehsana, Singh Cycle Store in Noida, and General Automobiles in Bareilly.
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TVS Srichakra Limited filed this with the NSE as a statutory disclosure, categorised under business responsibility and sustainability report (brsr). It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by TVS Srichakra Limited. Read the original for the full detail.