As a leading supplier of automotive components and logistics solutions in India with more than 25,000 employees, a footprint across 25 countries and USD 3 billion in collective revenue, TVS Mobility Group contributes capabilities across supply chain, mobility infrastructure, dealership and distribution, installation, and aftermarket support. Potential areas of cooperation include supply chain solutions, free trade warehousing zone operations, infrastructure, rentals, dealership and service network development, as well as the exploration of defense-related opportunities.
By strengthening logistics and operational capabilities on the ground, the collaboration is expected to enable faster availability of parts, streamlined service support, and improved operational coordination. A shared focus is to enhance service responsiveness and support higher equipment uptime through efficient logistics, infrastructure readiness, and operational execution. Selected joint activities are already underway, including logistics and infrastructure support. Further elements will be operationalized progressively based on business needs and mutual agreement.
“TVS Mobility brings strong operational presence, infrastructure, and execution capabilities. This makes them a strong partner for us all over India. By combining strengths, we are expanding our footprint, improving parts availability and service responsiveness, and building a scalable platform for sustainable growth. This collaboration is a key building block to bring our APAC growth strategy to life as part of our Strategy 2030+,” says Andreas Klauser, CEO of PALFINGER.
R. Dinesh, Director of TVS Mobility Group, said, “This partnership builds on our existing relationship with PALFINGER and reinforces our role as an integrated mobility solutions provider supporting global equipment companies in India. By leveraging the combined strengths of TVS Supply Chain Solutions, TVS Automobile Solutions and TVS Smart Mobility, we aim to enable faster go-to-market, operational efficiency and scalable lifecycle support to support PALFINGER’s growth in India.”
APAC Strategy Brought into Action
In its Strategy 2030+, PALFINGER has defined a clear growth plan for APAC, with India as a key market. With projected revenues of up to EUR 300 million by 2030, including exports and aftersales, the region offers substantial long-term potential and is pivotal to PALFINGER’s global expansion ambitions.
To realize this potential, PALFINGER is significantly expanding its engineering and localization capabilities while continuously strengthening its nationwide partner and service network, ensuring closer proximity to customers and greater responsiveness to market requirements. A major milestone in this strategic expansion was the opening of the Global Development Center (GDC) in Pune in December 2025. The center integrates Indian engineering expertise into PALFINGER’s global R&D network, accelerates market-specific product development, and enhances innovation capabilities tailored to regional requirements.
In line with the value creation principle ‘in the region, for the region’, PALFINGER is advancing its plans to establish a production plant in India. The recent approval and allotment of the designated plot in the Ranjangaon industrial zone in Pune marks a significant step forward. This future plant will enhance local manufacturing capacity, increase responsiveness to market requirements, elevate regional value creation, and further strengthen PALFINGER’s competitive position in India.
To the press release
