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TVS Motor Company

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TVS Motor Company Limited

Type Public

Traded as BSE: 532343
NSE: TVSMOTOR

Industry Automotive

Founded 1978; 44 years ago

Founder T. V. Sundaram Iyengar

Headquarters Chennai, Tamil Nadu

, 
India
Number of locations 4 two wheeler and 1 three wheeler
plants
Area served Worldwide
 Key people Venu Srinivasan
(Chairman Emeritus)[1]
Sudarshan Venu
(Managing Director)[2]

Products Two-wheeler
Three-wheeler
Automobile parts

Services Vehicle service

Revenue  ₹24,388 crore (US$3.1 billion)

(2022)[3]
Operating income  ₹1,064 crore (US$130 million)
(2022)[3]
Net income  ₹728 crore (US$91 million)
(2022)[3]

Total assets  ₹27,072 crore (US$3.4 billion)

(2022)[3]

Total equity  ₹4,399 crore (US$550 million)

(2022)[3]
Number of 5,133 (2020)[3]
employees

Parent Sundaram - Clayton

Limited (57.40%)

Subsidiaries Norton Motorcycle Company 100%

Website tvsmotor.com

TVS Motor Company (commonly known as TVS) is an

Indian multinational motorcycle manufacturer headquartered in Chennai, Tamil Nadu,
India. It is the third largest motorcycle company in India with a revenue of over ₹20,000
crore (US$2.5 billion) in 2018–19. The company has an annual sales of three million
units and an annual capacity of over four million vehicles. TVS Motor Company is also
the second largest two-wheeler exporter in India with exports to over 60 countries.
TVS Motor Company Ltd (TVS Motor), a member of the TVS Group, is the largest
company of the group in terms of size and turnover.

Contents

 1History
 2Characteristics of TVS Motor Company
 3Current models
 4Awards and recognitions
 5References
 6External links

History[edit]
T. V. Sundaram Iyengar began with Madurai's first bus service in 1911 and founded
TVS, a company in the transportation business with a large fleet of trucks and buses
under the name of Southern Roadways.
Early history
Sundaram Clayton was founded in 1962 in collaboration with Clayton Dewandre
Holdings, United Kingdom. It manufactured brakes, exhausts, compressors and various
other automotive parts. The company set up a plant at Hosur in 1976, to
manufacture mopeds as part of their new division. In 1980, TVS 50, India's first two-
seater moped rolled out of the factory at Hosur in Tamil Nadu, India. A technical
collaboration with the Japanese auto giant Suzuki Ltd. resulted in the joint-venture
between Sundaram Clayton Ltd and Suzuki Motor Corporation, in 1987. Commercial
production of motorcycles began in 1989.[4]
Suzuki relationship
TVS and Suzuki shared a one-year-long relationship that was aimed at technology
transfer for design and manufacture of two-wheelers specifically for the Indian market.
Re-christened TVS-Suzuki, the company brought out several models such as the
Suzuki Supra, Suzuki Samurai, Suzuki Shogun and Suzuki Shaolin. In 2001, after
separating ways with Suzuki, the company was renamed TVS Motor, relinquishing its
rights to use the Suzuki name. There was also a 30-month moratorium period during
which Suzuki promised not to enter the Indian market with competing two-wheelers.
Recent

TVS Apache RR 310 is their latest 310 cc motorcycle

TVS Scooty Streak – one of the discontinued scooters of Scooty series

TVS also competes in the 3 Wheeler segment

Recent launches include the flagship model TVS Apache RR 310, the TVS Apache
RTR 200, TVS Victor and TVS XL 100. TVS has recently won 4 top awards at J.D.
Power Asia Pacific Awards 2016, 3 top awards at J.D. Power Asia Pacific Awards 2015
and Two-Wheeler Manufacturer of the Year at NDTV Car & Bike Awards (2014–15).
In early 2015, TVS Racing became the first Indian factory team to take part in the Dakar
Rally, the world's longest and most dangerous rally. TVS Racing partnered with French
motorcycle manufacturer Sherco, and named the team Sherco TVS Rally Factory
Team. TVS Racing also won the Raid de Himalaya and the FOX Hill Super Cross held
at Sri Lanka. In three decades of its racing history, TVS Racing has won over 90% of
the races it participates in.
In 2016, TVS started manufacturing the BMW G310R, a model co-developed with BMW
Motorrad after their strategic partnership in April 2013. In December 2018, the Hosur
plant where the motorcycle is manufactured rolled out its 50,000th G310R series unit. [5]
On 6 December 2017, TVS launched their most-awaited motorcycle, the Apache RR
310 in an event at Chennai. The 310 cc motorcycle with an engine which was co-
developed with BMW features the first ever full fairing on a TVS bike, dual-channel
ABS, EFI, KYB suspension kits, etc. It is expected to rival bikes like KTM RC 390,
Kawasaki Ninja 250SL, Bajaj Pulsar and Dominar and Honda CBR 250R after hitting
the market. The Apache RR 310 is designed and realised entirely in India. [6]
On 17 April 2020, it has been reported that TVS Motor Company acquired Norton
Motorcycle Company in an all cash deal. In the short term, they will continue the
production of motorcycles at Donington Park using the same staff.[7]
Characteristics of TVS Motor Company[edit]
It was the first Indian company to deploy a catalytic converter in a 100 cc motorcycle
and the first to indigenously produce a four stroke motorcycle. The list of firsts from the
firm include:

 India's first 2-seater moped – TVS 50

 India's first Digital Ignition – TVS Champ
 India's first fully indigenous motorcycle – TVS Victor
 India's first company to launch ABS in a motorcycle - Apache RTR Series
 Indonesia's first dual-tone exhaust noise technology – TVS Tormax
 India's first connected scooter which claims to be India's first Bluetooth Connected
Scooter with features like Call Assistance, Navigation and Engine Killswitch - TVS
NTORQ
 India's First 125cc bike with 3 Valve Engine, Inverted TFT display with Gear Shift
Indicator, Underneath Storage - TVS Raider 125.

Current models[edit]
 TVS NTORQ
 TVS Scooty
 TVS Jupiter
 TVS Wego
 Apache RTR Series
 TVS RR 310
 TVS Radeon
 TVS Sport
 TVS Star City Plus
 TVS XL100
 TVS iQube
 TVS Raider 125
 TVS Ronin 225

Awards and recognitions[edit]

TVS Motor won the Deming Application Prize in 2002.[8]
In the same year, the work done for the TVS Victor motorcycle made TVS Motor win the
National Award for successful commercialization of indigenous technology from the
Technology Development Board, Ministry of Science & Technology, Government of
India.[9] In 2004, TVS Scooty Pep won the 'Outstanding Design Excellence Award'
from BusinessWorld magazine and the National Institute of Design, Ahmedabad.
The effective implementation of Total Productivity Maintenance practices gave TVS
Motor the TPM Excellence Award, given by the Japan Institute of Plant Maintenance in
2008.
The company's Chairman Emeritus,[10] Venu Srinivasan, was conferred with an
honorary Doctorate of Science degree by the University of Warwick, United Kingdom in
2004,[11] while the Government of India honoured him with Padma Shri, one of India's
highest civilian distinctions in 2010.[12]
Innovative implementation of Information Technology has won TVS Motor the Ace
Award for Most Innovative NetWeaver Implementation in 2007, awarded by technology
major SAP AG, and the Team Tech 2007 Award of Excellence for Integrated use
of Computer-aided engineering Technologies.
Himalayan Highs, an initiative launched by TVS Motor Company has been included in
the India Book of Records when Anam Hashim became the first woman on a 110 cc
scooter to complete the trip to Khardung La, the world's highest motorable stretch.
During an episode of The Grand Tour, Richard Hammond bought a brand new TVS Star
HLS 100 cc "for £800" and used it to complete the Feed the world challenge,
transporting fish 200 miles from Maputo to Bingo. During the journey, the bike
performed beyond the presenter's expectations, prompting the normally motorbike-
critical Clarkson to comment, "That Ewan McGregor travelled the world on a BMW GS –
why didn't he just get one of these?"

References[edit]

Wikimedia Commons has media related to TVS Motor Company.

1. ^ "TVS appoints Ralf Speth as chairman; Venu Srinivasan to continue as MD".

2. ^ "Sudarshan Venu elevated as new Managing Director of TVS Motor".
3. ^ Jump up to:a b c d e f "TVS Motor Company Ltd. Financial Statements". moneycontrol.com.
4. ^ "Sundaram Clayton Company History". Moneycontrol. 1 January 2005. Retrieved 28
September 2010.
5. ^ Sharma, Amit (13 December 2018). "TVS Rolls Out 50,000 Unit of The BMW G310R and
G310 GS". India Car News. Retrieved 21 December 2018.
6. ^ "TVS Apache RR 310 BS-VI Price, Features, Specifications and Colours".
7. ^ "Norton Motorcycles SOLD to Indian giant TVS for £16million". 17 April 2020.
8. ^ "TVS Motor bags Deming award".
9. ^ "Mitsubishi, sole agents for Valvoline car care products". Sunday Observer. 3 August
2003. Archived from the original on 11 October 2012. Retrieved 2 August 2010.
10. ^ "TVS appoints Ralf Speth as chairman; Venu Srinivasan to continue as
MD". Moneycontrol. Retrieved 6 May 2022.
11. ^ Das, Swati (16 July 2004). "Warwick's doctorate to Venu Srinivasan". Times of India.
Retrieved 2 August 2010.
12. ^ "Padma Shri for Venu Srinivasan". The Hindu BusinessLine. 25 January 2010. Archived
from the original on 3 June 2010.

External links[edit]
 Official website
 show

 Automotive industry in India

show

Motorcycles and Motorcycling (outline)

show

Indian motorcycles and scooters

show

NIFTY 200 companies

Categories: 
 Motorcycle manufacturers of India
 Vehicle manufacturing companies established in 1978
 Manufacturing companies based in Chennai
 Scooter manufacturers
 Indian companies established in 1978
 Indian brands
 TVS Group
 1978 establishments in Tamil Nadu
 Companies listed on the National Stock Exchange of India
 Companies listed on the Bombay Stock Exchange