Eurogrip Tyres Expands Retail Footprint with 16th Exclusive Store Launch in Panipat

Eurogrip Tyres Expands Retail Footprint with 16th Exclusive Store Launch in Panipat​

Eurogrip Tyres, the leading two and three-wheeler tyre brand from TVS Srichakra Ltd., has inaugurated its new exclusive retail store in Panipat, Haryana. This expansion marks the brand’s 16th signature store in India, solidifying its commitment to providing a comprehensive tyre and two-wheeler care experience to customers.

The opening of the store was celebrated with distinguished guests from the Eurogrip team and business partners present.

TVS Srichakra Ltd.'s Chief Operating Officer, Mr. T.K.Ravi, stated that the launch is an important milestone as we continue to bring high-quality products and dependable services closer to customers. He noted that Panipat represents a key market for the brand, and through this new outlet, riders can access the complete tyre portfolio along with expert support and services.

The newly launched retail outlet is equipped with Eurogrip's range of tyres in various patterns and sizes, alongside tubes designed for diverse two-wheeler needs. These needs range from scooters and commuter motorcycles to mid-range performance bikes and adventure touring bikes.

Beyond providing a wide product selection, the Panipat store will offer a comprehensive suite of services including professional tyre fitment, puncture repair, air pressure checks, and tyre care. The outlet also assists customers with warranty-related support.

This strategic expansion aligns with TVS Srichakra’s strategy to strengthen its branded retail presence in key Indian markets while ensuring customers receive a consistent and trusted service environment.

Eurogrip currently operates retail experience stores across several other locations. These include Bahraich, Ludhiana, Delhi, Alappuzha, Chennai, Mysuru, Patna, Farrukhabad, Ahmedabad, Hyderabad, and Rajkot.

Company Overview​

TVS Srichakra Limited is a leading manufacturer and exporter of two-wheeler, three-wheeler tyres, and Off-Highway tyres. Incorporated in 1982, the company operates as a vertical under TVS Mobility, a USD 5 Billion holding company.

With global research and development capabilities and cutting-edge technology, TVS Srichakra produces industry-leading tyres for both the automotive sector in India and internationally. Headquartered in Madurai, the company maintains manufacturing facilities in Madurai (Tamil Nadu) and Rudrapur (Uttarakhand). These facilities boast a production capacity of over 3 million tyres per month.

TVS Srichakra has a design centre located in Milan, Italy, which supports its R&D center in Madurai. The tyres are tested against Indian, European, and Japanese road conditions. The company’s products reach over 85 countries globally. In the domestic market, TVS Srichakra maintains a significant market share across original equipment manufacturers and replacement markets, supported by a robust network of distributors and dealers.

TVSSRICHAK Stock Price Movement​

TVS Srichakra Limited shares today slipped by 1.17% to close at ₹4201, marking a decline of ₹49.70 from the previous session's close. The equity traded in the post-market session and saw a total volume of 5,969 shares.