TVS Motor lifts FY26 R&D to ₹1,254 crore, doubling down on EVs, connected platforms and AI
TVS Motor raised R&D spend to ₹1,254 crore in FY26 (from ₹1,025 crore in FY25), backed by 2,000+ engineers focused on electrification, connectivity and AI. Record 5.89 million vehicles sold, ₹47,270 crore revenue and ₹6,079 crore EBITDA, with Norton premium repositioning slated for FY27.
TVS Motor raised FY26 R&D spend to ₹1,254 crore focused on EVs, connected platforms and AI, launching new models. Record 5.89 million vehicle sales, ₹47,270 crore revenue, and Norton premium repositioning planned for FY27.
Why this matters
The R&D push builds on TVS's recent moves: iQube crossing 1M units across a 3,300-touchpoint network and the first Norton Atlas rolling out at Hosur alongside the new TVS Paddock premium retail channel.
retail-company theme steady with 4,040 signals over the last 90 days.