TVS Motor Firm Appoints Peyman Kargar as Director and Chief Govt Officer

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Peyman Kargar appointed Director and Chief Govt Officer of TVS Motor Firm, efficient January 27, 2027
Ok. N. Radhakrishnan to proceed as Director and Chief Govt Officer till then and subsequently will function Non-Govt Director as much as the date of the following AGM scheduled in July 2027
Appointment helps TVS Motor Firm’s subsequent section of progress and innovation

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BENGALURU, India — TVS Motor Firm, a part of TVS VENU and a number one international producer of two and three-wheelers, immediately introduced the appointment of Peyman Kargar as Director and Chief Govt Officer, efficient January 27, 2027.

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Peyman will succeed Ok. N. Radhakrishnan, who will proceed in his position till then to make sure a seamless transition. Following the transition, Radhakrishnan will function Non-Govt Director as much as the date of the following AGM scheduled in July 2027. He has been an incredible chief and performed a pivotal position within the progress of TVS Motor Firm.

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The management transition comes as TVS Motor Firm builds on sturdy enterprise efficiency and continues to consolidate its place in India and broaden its international presence. In FY2025-26, the corporate achieved a document efficiency, promoting 5.9 million automobiles globally and delivering 30% income progress.

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Peyman presently serves as President, Worldwide Enterprise. He brings greater than three many years of worldwide automotive management expertise throughout Europe, Asia, Africa and the Center East, having held senior management positions with among the automotive business’s most recognised international manufacturers. His expertise spans the complete worth chain, from product growth and R&D to manufacturing, high quality, gross sales and advertising, giving him important perception into the components that drive long-term success within the mobility business. Beneath his management, Worldwide Enterprise has grow to be an more and more necessary contributor to TVS Motor Firm’s international enlargement. Immediately, the enterprise contributes 29% of the corporate gross sales quantity and is rising at 33%.

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In his new position, he’ll lead the corporate because it focuses on additional rising its enterprise in India and globally via product innovation, premiumisation and enlargement into developed markets.

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Sudarshan Venu, Chairman, TVS Motor Firm

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“This appointment marks an necessary step for TVS Motor Firm as we put together for the long run. Peyman is an achieved international chief with deep business expertise, strategic imaginative and prescient and a powerful understanding of consumers and markets. As President, Worldwide Enterprise, he has already made a significant contribution to our enterprise, and I’m assured he’s the correct individual to guide TVS Motor Firm and additional strengthen our place among the many world’s main mobility corporations.

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At TVS Motor Firm, our values and tradition are elementary to who we’re and the way we function. I’m assured that Peyman will proceed to construct on these values and work in direction of our imaginative and prescient of reworking the standard of life of individuals internationally via mobility options which might be thrilling, accountable, sustainable and protected.

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I’d additionally prefer to thank Ok. N. Radhakrishnan for his excellent contribution to TVS Motor Firm and the broader TVS VENU group over a few years. His management, ardour, and dedication have helped form the corporate into the sturdy organisation it’s immediately. I’m personally grateful for his worthwhile counsel, steering and help.”

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Peyman Kargar, President, Worldwide Enterprise, TVS Motor Firm

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It’s a privilege to be appointed as Chief Govt Officer of TVS Motor Firm. Constructing on our momentum, we’re coming into into a brand new section of progress, increasing our presence and additional consolidating our place in India and international markets.”

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As we achieve this, the guiding rules of the TVS Approach and its values will at all times be the North Star. I will likely be centered on realising the corporate’s imaginative and prescient and strengthening our know-how management, AI capabilities, dedication to high quality, and buyer centricity. Collectively, these rules have helped create a tradition the place people and groups can thrive, innovate and ship distinctive outcomes.

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I look ahead to working intently with our groups in India and world wide to strengthen our place in key markets, ship for our prospects and construct on the foundations we’ve created.”

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Ok. N. Radhakrishnan, Director & CEO, TVS Motor Firm,

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“It has been a privilege to serve TVS Motor Firm as CEO and work alongside an distinctive staff. I’m grateful for the help, dedication and dedication of colleagues throughout the enterprise, whose efforts have formed the corporate that we’re immediately.

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I’m assured Peyman will lead TVS Motor Firm with distinction and need him each success within the position and I look ahead to supporting a easy transition over the approaching months.”

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About TVS Motor Firm

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TVS Motor Firm (BSE: 532343 and NSE: TVSMOTOR), a part of TVS VENU, is a reputed two and three-wheeler producer globally, championing progress via sustainable mobility with 4 state-of-the-art manufacturing amenities situated in India and Indonesia. Rooted in a 100-year legacy of belief, worth and keenness for patrons, the corporate takes pleasure in making internationally accepted merchandise of the very best high quality via progressive and sustainable processes. TVS Motor is the one two-wheeler firm to have received the distinguished Deming Prize. Its merchandise lead of their respective classes within the J.D. Energy IQS and APEAL surveys. The corporate has been ranked No. 1 within the J.D. Energy Buyer Service Satisfaction Survey for 4 consecutive years. Its group firm, Norton Bikes, primarily based in the UK, is without doubt one of the most emotive motorbike manufacturers on this planet. TVS Motor Firm endeavours to ship probably the most superior buyer expertise throughout the 90+ nations wherein it operates.

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For extra info, please go to www.tvsmotor.com.

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