India's TVS Motor revs up in region

India-based TVS Motor, the flagship of the $8.5-billion TVS group, has entered into partnership with Cadisa, a major business group across Guatemala and El Salvador, to strengthen its presence in Central America.

Cadisa will facilitate the opening of 15 flagship outlets for motorcycles and three-wheelers for TVS Motor, while TVS Motor will also be present at 17 multi-brand outlets and over 150 retail stores across Guatemala, the Business Standard reports.