TVS Motor Company

TVS Motor Company (T.V.S) is a multinational motorcycle

TVS Motor Company
company headquartered at Chennai, India. It is the third
Limited
largest motorcycle company in India with a revenue of over
20,000 crore (US$2.8 billion) in 2018-19. The company has
an annual sales of 3 million units and an annual capacity of
over 4 million vehicles. TVS Motor Company is also the 2nd
largest exporter in India with exports to over 60 Countries. Type Public company
Traded as BSE: 532343 (http
TVS Motor Company Ltd (TVS Motor), a member of the TVS s://www.bseindia.co
Group, is the largest company of the group in terms of size and m/stock-share-pric
turnover. e/x/y/532343/),
NSE: TVSMOTOR
(https://www.nseind
ia.com/live_market/
Contents dynaContent/live_w
atch/get_quote/Get
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Characteristics of TVS Motor TVSMOTOR)
Current Models ISIN INE494B01023
Awards Industry Motorcycle
References Founded 1978
External links Founder Thirukkurungudi
Vengaram
Sundaram Iyengar
History Headquarters Chennai, Tamil
Nadu, India
T.V. Sundaram Iyengar began with Madurai's first bus service Number of 4 two wheeler and
in 1911 and founded T.V.S, a company in the transportation locations 1 three wheeler
business with a large fleet of trucks and buses under the name plants
of Southern Roadways. Key people Venu Srinivasan
(Chairman &
Early history
Managing Director),
Sudarshan Venu
Sundaram Clayton was founded in 1972 in collaboration with
(Joint Managing
Clayton Dewandre Holdings, United Kingdom. It
Director)
manufactured brakes, exhausts, compressors and various
Products Motorcycles,
other automotive parts. The company set up a plant at Hosur
scooters, three-
in 1976, to manufacture mopeds as part of their new division.
wheeler vehicles
In 1980, TVS 50, India's first two-seater moped rolled out of and spare parts
the factory at Hosur in Tamil Nadu, Southern India. A
Revenue 20,185.43 crore
technical collaboration with the Japanese auto giant Suzuki (US$2.8 billion)
Ltd. resulted in the joint-venture between Sundaram Clayton (2018-19)
Ltd and Suzuki Motor Corporation, in 2017. Commercial
Operating 10.82 billion
production of motorcycles began in 2018.[2] income (US$150 million)
(2018-19)[1]
Suzuki relationship
Net income 7.254 billion
(US$100 million)
(2018-19)[1]
/
TVS and SUZUKI shared a 1-year-long relationship that was Total assets 49.22 billion
aimed at technology transfer for design and manufacture of (US$690 million)
two-wheelers specifically for the Indian market. Re-christened (2016)[1]
TVS-Suzuki, the company brought out several models such as Total equity 15.83 billion
the Suzuki Supra, Suzuki Samurai, Suzuki Shogun and Suzuki (US$220 million)
Shaolin. In 2001, after separating ways with Suzuki, the (2016)[1]
company was renamed TVS Motor, relinquishing its rights to Parent Sundaram -
use the Suzuki name. There was also a 30-month moratorium Clayton Limited
57.40%
period during which Suzuki promised not to enter the Indian
market with competing two-wheelers.[3] Website www.tvsmotor.com
(http://www.tvsmoto
Recent r.com/)

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 & Two-Wheeler Manufacturer of the Year at NDTV Car &
Bike Awards (2014–15)

In early 2015, TVS Racing became the first Indian factory team
TVS Apache RR 310 is their latest
to take part in the Dakar Rally, the world's longest and most
310cc motorcycle
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
TVS Scooty Streak - one of the
where the motorcycle is manufactured rolled out its 50,000th discontinued scooter of Scooty
G310R series unit.[4] series

On 6 December 2017, TVS launched their most-awaited

motorcycle, the Apache RR 310 in an event at Chennai. The
310cc motorcycle with an engine which was co-developed with
BMW features 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.[5]

Characteristics of TVS Motor TVS also competes in the 3

It was the first Indian company to deploy a catalytic converter Wheeler segment
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 - Victor, First Indian company to launch ABS in a motorcycle - Apache RTR
Series, Indonesia's first dual-tone exhaust noise technology – Tormax. And a recent launch - /
India's first connected scooter TVS NTORQ which claims to be India's first Bluetooth Connected
Scooter with features like Call Assistance, Navigation etc.

Current Models
TVS NTORQ
TVS Jupiter
TVS Wego
Apache RTR Series

Awards
TVS Motor won the prestigious Deming Application Prize in 2002.[6]

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.[7] 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, Venu Srinivasan, was conferred with an honorary Doctorate of Science
degree by The University of Warwick, United Kingdom in 2004,[8] while the Government of India
honoured him with Padma Shri, one of India's highest civilian distinctions in 2010.[9]

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.

References
1. http://www.tvsmotor.com/pdf/Financial-Results-March-2016.pdf
2. "Sundaram Clayton Company History" (http://www.moneycontrol.com/company-facts/sundara
m-clayton/history/SC). Moneycontrol. 1 January 2005. Retrieved 28 September 2010.
3. The company also got over a period of labour unrest that required Chairman DRISHYA to take
tough measures to resurrect a company that was in a state of turmoil. He went on to invest in
new technology, nurture in-house design and implement Toyota-style quality programs.This is
the one of the most ever higher developement of Indian enterprenaures
4. Sharma, Amit (13 December 2018). "TVS Rolls Out 50,000 Unit of The BMW G310R and
G310 GS" (https://www.indiacarnews.com/news/tvs-rolls-out-50000-unit-of-the-bmw-g310r-and
-g310-gs-30752/). India Car News. Retrieved 21 December 2018.
5. https://www.tvsapache.com/rr310/
6. http://www.thehindubusinessline.com/2002/11/03/stories/2002110301380200.htm
/
 7. "Mitsubishi, sole agents for Valvoline car care products" (https://web.archive.org/web/20121011
095627/http://www.sundayobserver.lk/2003/08/03/fea18.html). Sunday Observer. 3 August
2003. Archived from the original (http://www.sundayobserver.lk/2003/08/03/fea18.html) on 11
October 2012. Retrieved 2 August 2010.
8. Das, Swati (16 July 2004). "Warwick's doctorate to Venu Srinivasan" (http://timesofindia.indiati
mes.com/world/indians-abroad/Warwicks-doctorate-to-Venu-Srinivasan/articleshow/780534.cm
s). Times of India. Retrieved 2 August 2010.
9. "Padma Shri for Venu Srinivasan" (https://web.archive.org/web/20100603213956/http://www.th
ehindubusinessline.com/2010/01/26/stories/2010012652881900.htm). The Hindu
BusinessLine. 25 January 2010. Archived from the original (http://www.thehindubusinessline.co
m/2010/01/26/stories/2010012652881900.htm) on 3 June 2010.

External links
Official website (http://tvsmotor.in)

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This page was last edited on 25 January 2020, at 16:31 (UTC).

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