TVS Mobility Pvt. Ltd. has announced the signing of a Memorandum of Understanding (MoU) with Austria-based PALFINGER AG to support its India operations through integrated supply chain, dealership, aftermarket, rental, and mobility solutions. 

As part of its growth road map under Strategy 2030+, Palfinger will invest ₹350 crore in the first phase to set up a manufacturing facility in Pune by calendar year 2027. 

Under the partnership, TVS Mobility Group will enable supply chain readiness, market access and lifecycle support for Palfinger’s India expansion through its integrated ecosystem. 

Palfinger’s Strategy 2030+ is anchored on three strategic pillars — lifting customer value, balanced profitable growth, and execution excellence. As the company scales its India presence to serve both domestic and global markets, TVS Mobility Group will support operational readiness, faster go-to-market execution and scalable lifecycle services. 

The collaboration will leverage the combined strengths — under separate contractual arrangements — of TVS Supply Chain Solutions, TVS Automobile Solutions and TVS Smart Mobility to deliver end-to-end logistics, dealership, aftermarket and mobility solutions. 

Supply chain and logistics support 

TVS Supply Chain Solutions, the logistics arm of the group, will anchor Palfinger’s supply chain operations in India. The company will manage inbound logistics from Austria, free trade warehousing zone operations and integrated warehousing to ensure efficient material flow, operational continuity and scalable distribution capabilities as PALFINGER strengthens its manufacturing footprint. 

Dealership and mobility solutions 

TVS Smart Mobility will support Palfinger’s go-to-market strategy through its dealership network of over 150 touchpoints across India. Leveraging its nationwide footprint, the company will offer structured vehicle-on-demand and mobility solutions aimed at expanding market reach, enabling flexible deployment and improving customer access. 

Aftermarket and service support 

TVS Automobile Solutions will drive lifecycle support through its nationwide parts distribution and service infrastructure. By integrating aftermarket operations with the broader mobility ecosystem, the company aims to enhance service readiness, reduce turnaround times and improve equipment uptime for customers. 

Defence sector opportunities 

As part of the MoU, the two companies will also explore opportunities in the defence sector, combining Palfinger’s specialised equipment technologies with TVS Mobility Group’s operational capabilities and the domain expertise of TVS SCS. 

R. Dinesh, Director, TVS Mobility Group, said the partnership strengthens the group’s role as an integrated mobility solutions provider supporting global equipment manufacturers in India. “By leveraging the combined strengths of TVS Supply Chain Solutions, TVS Automobile Solutions and TVS Smart Mobility, we aim to enable faster go-to-market, operational efficiency and scalable lifecycle support to drive PALFINGER’s growth in India,” he said. 

Andreas Klauser, CEO of Palfinger AG, said TVS Mobility’s operational presence and execution capabilities make it a strong partner in India. “By combining strengths, we are expanding our footprint, improving parts availability and service responsiveness, and building a scalable platform for sustainable growth. This collaboration is a key building block to bring our APAC growth strategy to life as part of Strategy 2030+,” he added.