Date: June 23, 2026
Business Expansion Update
TVS Srichakra Limited, through its Eurogrip Tyres brand, has opened a new exclusive retail store in Panipat, Haryana. This marks the brand's 16th signature store in India, representing a continuation of the company's retail expansion strategy.
Store Details and Offerings
The new retail outlet was inaugurated on June 23, 2026, in the presence of Eurogrip team members and business partners. The store is located at Bansal Brothers Amar Bhawan Chowk Area, Panipat, Haryana 132103, with contact phone number 8053268069.
Product Range: The store houses Eurogrip's complete range of tyres across various patterns and sizes, along with tubes designed for a wide spectrum of 2-wheelers including scooters, commuter motorcycles, mid-range performance bikes, and adventure touring bikes.
Services Provided: The outlet offers comprehensive services including professional tyre fitment, tyre care, puncture repair, air pressure checks, and warranty-related support.
Management Commentary
Mr. T.K. Ravi, Chief Operating Officer of TVS Srichakra Ltd, stated: "We continue to bring high-quality products and dependable services closer to our customers. The opening of our 16th exclusive store marks another important milestone in the journey. Panipat is a key market for the brand, a potential town in Haryana."
Expansion Strategy Context
This expansion is part of the company's broader strategy to strengthen its branded retail footprint across key markets in India. The company has recently opened stores in Bahraich, Ludhiana, Delhi, and Alappuzha. Eurogrip currently operates retail experience stores in Chennai, Mysuru, Patna, Farrukhabad, Ahmedabad, Hyderabad, and Rajkot.
Company Background
TVS Srichakra Limited, incorporated in 1982, is one of India's leading manufacturers and exporters of Two, Three-Wheeler tyres and Off-Highway tyres. The company is part of the USD 5 Billion TVS Mobility group. The company has manufacturing facilities in Madurai (Tamil Nadu) and Rudrapur (Uttarakhand) with a production capacity of over 3 million tyres per month. The company has a design centre in Milan, Italy and products available in over 85 countries worldwide.