TVS expects FY09 revenue growth at 15pc

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TVS Motors
New Delhi, Apr 29: TVS Motor today said it expects its volumes and revenue growing 15 per cent in the current fiscal, with new models helping gain market share lost to rivals. ''We will manage to maintain margins by cost reduction, productivity improvement and a small price increase,'' company Managing Director Venu Srinivasan told reporters on the sidelines of a conference. He added that he expected up to three per cent hike in the prices in FY09.

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