Mahabharat Motors is a joint venture between Indonesia-based Salim Group and Universal Success Enterprises, a Singapore-based diversified group with interests in power, port, infrastructure, real estate, energy trading and hospitality that is headed by Mukherjee.
The models that Mahabharat Motors would initially assemble are TVS Sport, a two-wheeler and TVS King, a three-wheeler.
TVS Motor expects to roll out the first lot from West Bengal in the third quarter this fiscal, Radhakrishnan said.
The total investment for the Uluberia factory is to the tune of Rs.1,000 crore, out of which Rs.150 crore was invested for the first phase.