BackTVS Motor inks deal to boost its presence in Iraq and North Africa
This association with them is a significant step towards further expanding and bolstering TVS Motor Company’s market presence in Iraq
PremiumTVS Motor Company on Monday signed a tri-party arrangement with Bahwan International Group to boost its presence in Middle East’s Iraq and other North African regions (MENA).
As per the deal, ARATA International FZC will be the nw distributor. The groups will also explore other avenues of cooperation in Oman and India.
Sudarshan Venu, Joint Managing Director – TVS Motor Company said, “We are delighted to partner with a reputed group like ‘BIG’, to strengthen our presence in the MENA region. Iraq is an important market for us, and ARATA International FZC’s extensive distribution network, along with our shared ethos and values, makes them the ideal strategic partner. This association with them is a significant step towards further expanding and bolstering TVS Motor Company’s market presence in Iraq."
Bahwan International Group (ARATA International FZC) and their channel partners plan to operate more than 30 dealerships for TVS Motor Company. The dealerships will include 3S dealership facilities in all the major cities of Iraq with after-sales service, and spare parts support in tier two cities to expand the TVS presence in Iraq.
Abdullah Bahwan, Executive Director, Bahwan International Group Holding, said, “We are happy to join hands with a multinational brand like TVS Motor Company. This partnership will be instrumental in bringing a wide range of mobility solutions and will cater to the requirements of a broad range of customer segments in the country. The quality prowess of TVS Motor Company combined with our strong understanding of the market will definitely create an impact in mobility space in Iraq."
TVS Motor Company’s product portfolio available in Iraq include; Two Wheeler- TVS XL 100 iTOUCHstart , TVS XL 100 Comfort, TVS HLX 150 series, TVS NTORQ, TVS Jupiter series, TVS WEGO, TVS MAX 125 and Three Wheeler-TVS King Deluxe Plus.
ARATA International FZC, registered in the UAE, is a subsidiary of Bahwan International Group (BIG) - Oman, having a strong presence in the MENA region.
TVS Motor ranks amongst the top five two-wheeler companies globally with a presence in over 70 countries across Africa, South East Asia, the Indian Sub-Continent, Latin America and the Middle East.
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