TVS investments in loss-making UK arm Norton spark analyst concerns
Norton was acquired by the TVS in 2020 in an all-cash deal for ₹153 crore. Since taking over the motorcycle brand, TVS has invested more than ₹1,000 crore into the company. In 2021, it opened a new plant in Solihuli, UK, with a capacity to produce around 8,000 motorcycles in an year.
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