While TVS Motors had been able file decent numbers for the fourth quarter of the last fiscal, the company is surely keeping its guns high as far as the plans for the current fiscal are concerned.

The company has already earmarked Rs. 150 crore for the capacity expansion and R&D activities excluding the Rs. 40 crore which it plans to invest in the non-conventional energy subsidiary.

Notably, after the launch of products like Wego and Jive, the company has been able to spruce up its once fading volumes in the two-wheeler segment of the Indian market. Going forward, the company wants to focus on producing ground-breaking technology for the Indian consumer.

G. Murali, executive vice president, TVS Motors has recently confirmed the fact that while the expansion will be funded with the reserves of the company, it will take the total capacity of TVS Motors up to 2.8 million units from the earlier levels of 2.2 million units.

While the company believes that it has enough capacity of three-wheelers at 60,000 units, the two-wheeler major will be an interest-free company as the 2011-12 quarter starts.