TVS Mobility Pvt Ltd (TVS Mobility Group) has entered into a strategic partnership with PALFINGER to strengthen the latter’s India operations through integrated supply chain, dealership, aftermarket, rental and mobility solutions. The collaboration, formalised through a Memorandum of Understanding (MoU), aligns with PALFINGER’s long-term Strategy 2030+ and its plans to scale manufacturing and market presence in the country.
As part of its first phase of expansion, PALFINGER will invest Rs 350 crore to establish a manufacturing facility in Pune, targeted for completion by calendar year 2027. The new facility is expected to serve both domestic and global markets, while reinforcing the company’s operational footprint in India. TVS Mobility Group will support this expansion by enabling supply chain preparedness, facilitating market access and delivering lifecycle support through its integrated ecosystem.
PALFINGER’s Strategy 2030+ is centred on three core priorities: enhancing customer value, achieving balanced profitable growth and driving execution excellence. In line with these goals, the partnership will focus on accelerating operational readiness, ensuring faster market entry and building scalable support systems to sustain long-term growth.
The collaboration brings together the capabilities of TVS Mobility Group’s key business verticals. TVS Supply Chain Solutions will anchor logistics and supply chain operations, including inbound movement from Austria, FTWZ operations and integrated warehousing, ensuring seamless material flow and distribution efficiency. TVS Smart Mobility will enable market reach through its dealership network of over 150 touchpoints across India, while also facilitating Vehicle-on-Demand and mobility solutions. TVS Automobile Solutions will manage aftermarket services, leveraging its nationwide parts distribution and service infrastructure to enhance equipment uptime and service responsiveness.
The partnership also includes plans to jointly explore opportunities in the defence sector, combining PALFINGER’s specialised lifting and equipment technologies with TVS Mobility Group’s operational expertise and supply chain capabilities.
R Dinesh, Director, TVS Mobility Group said, “This partnership builds on our existing relationship with PALFINGER and reinforces our role as an integrated mobility solutions provider supporting global equipment companies 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 support PALFINGER’s growth in India.”
Andreas Klauser, CEO, PALFINGER AG said, “TVS Mobility brings strong operational presence, infrastructure, and execution capabilities. This makes them a strong partner for us all over 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+.”
With PALFINGER advancing its localisation and growth strategy, the partnership is expected to enhance supply chain efficiency, improve service coverage and establish a robust platform for long-term expansion in India’s equipment and mobility ecosystem.