TVS Motor Company was founded in 1978 by T.V. Sundaram Iyengar, a member of the TVS Group. The company started out as a joint venture between TVS Group and Suzuki Motor Corporation of Japan, and initially produced mopeds under the brand name TVS-Suzuki. In 1982, TVS acquired the entire stake of Suzuki in the joint venture, and became an independent company.
In the early 1990s, TVS began to expand its product range to include motorcycles. The company also started to export its products to other countries. In 2001, TVS launched its first fully-indigenous motorcycle, the TVS Victor. The Victor was a success, and helped to establish TVS as a major player in the Indian motorcycle market.
In recent years, TVS has continued to expand its product range and global footprint. The company has launched a number of new motorcycles, including the Apache RTR series and the NTorq 125. TVS has also expanded its presence in international markets, and now exports its products to over 60 countries.
Journey
TVS Motor Company has come a long way since its humble beginnings in 1978. Today, the company is one of the leading two-wheeler manufacturers in India, with a strong presence in the global market. TVS has achieved this success through a combination of factors, including its focus on innovation, quality, and customer satisfaction.
TVS is constantly investing in research and development, and is always looking for new ways to improve its products. The company has a strong track record of innovation, and has launched a number of first-of-its-kind products in the Indian market. For example, TVS was the first company to launch a catalytic converter in a 100 cc motorcycle, and the first to indigenously produce a four-stroke motorcycle.
TVS also places a high emphasis on quality. The company has a state-of-the-art manufacturing facility in Hosur, Tamil Nadu, which is one of the most advanced in the world. TVS products are known for their high quality, and the company has won numerous awards for its quality standards.
Finally, TVS is committed to providing excellent customer service. The company has a network of over 6,000 dealerships across India, and its customer service team is available 24/7 to assist customers with any queries or problems.
Parent/Daughter Companies
TVS Motor Company is the flagship company of the TVS Group. The group has a diversified business portfolio, which includes automotive, engineering, and financial services. TVS Motor Company is the largest company in the group in terms of revenue and valuation.
The company has a number of subsidiaries, including:
- TVS Motor Services Limited (TVS-SML): This company provides after-sales service and spare parts for TVS vehicles.
- Sundaram Auto Components Limited (SACL): This company manufactures auto components for TVS and other OEMs.
- Intellicar Telematics Private Limited (Intellicar): This company provides telematics solutions for vehicles.
- TVS Housing Limited (TVSH): This company provides housing finance solutions.
Entry into EV market
TVS Motor Company is one of the leading two-wheeler manufacturers in India, and is now looking to expand its presence in the electric vehicle (EV) market. The company has already launched a number of electric scooters, and is planning to launch more EVs in the coming years.
TVS is well-positioned to succeed in the EV market. The company has a strong brand name, a wide distribution network, and a commitment to innovation. TVS is also investing heavily in research and development, and is working on developing new technologies to improve the performance and affordability of EVs.
Future Plan
TVS Motor Company is committed to becoming a global leader in the two-wheeler industry. The company has a number of ambitious plans for the future, including:
- Expanding its presence in international markets
- Developing new products and technologies
- Investing in research and development
- Improving customer service
TVS is confident that it can achieve its goals and become a global leader in the two-wheeler industry. The company has a strong track record of success, and is well-positioned to succeed in the future.
TVS Company Profile
Founded in: | 1978 |
Owner Company: | TVS |
Main Headquarter: | India |
Area Served: | Worldwide |
Manufacturer of: | Two Wheelers |
Communication: | Official Website |