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TVS Motor Company and Indian Oil Corporation Limited Join Hands to Accelerate Sustainable Last-Mile LPG Distribution Across India

Strategic partnership to advance cleaner and more efficient commercial mobility through the deployment of TVS King Kargo HD vehicles

Coimbatore, July 9, 2026: TVS Motor Company, part of TVS Venu, is a leading global manufacturer of two and three-wheelers, today announced a strategic partnership with Indian Oil Corporation Limited (IndianOil), India’s largest integrated energy company, to strengthen last-mile LPG cylinder distribution through sustainable commercial mobility solutions.

As part of the initiative, TVS Motor Company will work with IndianOil network of over 13,000 LPG distributors across the country, enabling the adoption of the TVS King Kargo HD vehicles for doorstep cylinder deliveries. This marks an important step towards enabling cleaner, more efficient, and cost-effective LPG cylinder distribution while supporting India’s transition to green mobility.

Bringing together two trusted and respected organisations in their respective industries, the partnership combines TVS Motor’s expertise in commercial mobility with IndianOil ‘s extensive distributor network to advance efficient and sustainable LPG cylinder distribution across India. The deployment of the TVS King Kargo HD range for LPG cylinder distribution is expected to reduce carbon emissions while offering IndianOil distributors a lower total cost of ownership. The initiative is designed to improve operational efficiency and profitability, while reinforcing both organisations’ commitment to sustainability and the Government of India’s clean mobility vision.

Commenting on the partnership, Rajat Gupta, Business Head, Commercial Mobility, TVS Motor Company, said, “At TVS Motor Company, we are focused on building mobility solutions that make everyday business more efficient and sustainable. Our partnership with IndianOil Corporation Limited brings together the strength of two trusted organisations to transform last-mile LPG cylinder distribution across the country. Through the TVS King Kargo range, we are enabling distributors with reliable, high-performance vehicles that help reduce operating costs, improve productivity, and support cleaner operations. This collaboration is another step towards making sustainable mobility practical, accessible, and impactful for businesses across India.”

Speaking on the collaboration, Mr. V. C. Asokan, ED, SR & SH-TNSO, Indian Oil Corporation Limited, said, “Indian Oil has consistently been at the forefront of delivering energy solutions that power the nation’s growth while embracing sustainability. This initiative represents an important step towards modernizing our LPG distribution ecosystem through sustainable mobility solutions. The induction of electric cargo vehicles will help improve fleet productivity, lower operating costs for our distributors, and contribute towards reducing carbon emissions. We believe this engagement will demonstrate how strategic industry partnerships can accelerate India’s transition towards greener and more sustainable logistics.”

The Memorandum of Understanding (MoU) was signed by senior leadership from both organisations in Coimbatore, marking the beginning of a long-term partnership to advance sustainable commercial mobility. The collaboration will commence with the first phase of vehicle deliveries to Indian Oil distributors, supporting greener, more efficient last-mile LPG distribution across India.

The TVS King Kargo HD platforms combine superior power with advanced technology, offering several segment-first and best-in-class features. Designed for commercial applications, the platforms provide reliable and efficient solutions for last-mile cargo transportation.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR), part of TVS VENU, is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. TVS Motor Company endeavours to deliver the most superior customer experience across 90 countries in which we operate.

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