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TVS Motor Company Ltd - History, Growth, and Overview English

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TVS Motor Company Ltd – History, Growth and Overview

TVS Motor Company Ltd, founded in 1978, is a prominent Indian manufacturer of two- and three-wheelers. Over the years, it has expanded its product range to include motorcycles, scooters and mopeds, establishing a significant presence in both domestic and international markets. The company is recognized for its commitment to quality and innovation, contributing to its reputation as a leading player in the automotive industry.

Overview of TVS Motor Company Ltd

TVS Motor Company Ltd, a part of the renowned TVS Group, is a leading Indian manufacturer of two- and three-wheelers. Established in 1978, the company boasts a global presence in over 80 countries, offering a diverse product range, including motorcycles, scooters, mopeds and three-wheelers.

With manufacturing facilities in India and Indonesia, TVS focuses on delivering innovative, high-quality vehicles. It has earned a reputation for reliability and sustainability, backed by robust R&D initiatives and customer-centric approaches, ensuring its prominence in the competitive automotive sector both domestically and internationally.

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Who is Sundaram Iyengar?

Thirukkurungudi Vengaram Sundaram Iyengar, born in 1877, was an Indian entrepreneur and the founder of the TVS Group. In 1911, he laid the foundation for T.V. Sundram Iyengar & Sons, starting with a modest rural bus service that evolved into a diversified industrial empire.

Through his visionary leadership, Iyengar expanded into various sectors, including automotive, finance and components manufacturing. His commitment to innovation, ethics and customer service established the TVS Group as one of India’s largest and most respected conglomerates, influencing multiple industries over the decades.

Sundaram Iyengar’s Family and Personal Life

Sundaram Iyengar, married to Lakshmi Ammal, was a devoted family man with five sons and three daughters. His family has played a pivotal role in expanding the TVS Group, ensuring his values of trust, quality and service remained integral to its operations.

The family’s collective leadership fostered diversification into the automotive, financial services and manufacturing sectors. Each member’s dedication to growth and innovation helped establish TVS as a multifaceted conglomerate with a strong presence in both Indian and global markets.

Who Are the Children of Sundaram Iyengar?

Sundaram Iyengar’s sons—T.S. Doraiswamy, T.S. Rajam, T.S. Santhanam, T.S. Srinivasan and T.S. Krishna—played key roles in developing the TVS Group. They managed different divisions, leading to the creation of successful entities like Sundaram Finance, Lucas-TVS and Wheels India.

Their entrepreneurial spirit ensured diversification across industries, contributing to the TVS Group’s expansive reach. The children’s contributions reflect their father’s vision of delivering excellence while maintaining a legacy of trust and quality in business operations.

How TVS Motor Company Ltd Started and Evolved

TVS Motor Company Ltd, founded in 1978, began as a joint venture with Suzuki Motor Corporation, manufacturing motorcycles under Indo Suzuki Motorcycles Pvt. Ltd. After parting ways in 2001, TVS launched its independent models, quickly establishing itself as a leader in the two-wheeler segment.

Expanding its product portfolio to include scooters, mopeds and three-wheelers, TVS leveraged innovation and technology to meet diverse consumer needs. Today, it stands as a prominent player in the global automotive market, known for quality, sustainability and cutting-edge design.

Key Milestones in TVS Motor Company Ltd

Key milestones include the launch of India’s first two-seater moped, the TVS 50, in 1980 and the Apache series of motorcycles in 2005. In 2015, TVS partnered with BMW Motorrad to manufacture high-performance bikes, strengthening its technological expertise.

In 2020, TVS entered the electric vehicle market with the iQube Electric scooter, showcasing its commitment to sustainability. These milestones reflect the company’s focus on innovation, product diversification and market expansion, reinforcing its leadership in the automotive industry.

TVS Motor Company Ltd’s Business Segments

TVS Motor operates across multiple segments, including two-wheelers such as motorcycles, scooters and mopeds and three-wheelers for passenger and cargo transport. Its financial arm, TVS Credit Services, provides loans for vehicle purchases and consumer needs, expanding accessibility for customers.

The company has also ventured into electric mobility, developing electric scooters to cater to the rising demand for eco-friendly transportation. This diversification ensures that TVS remains adaptable to market dynamics while addressing sustainability goals and customer preferences.

How Did TVS Help Society?

TVS Motor Company actively contributes to society through initiatives in education, healthcare and environmental sustainability. It supports schools, vocational training centres and hospitals, improving access to essential services for underprivileged communities in India.

The company’s green initiatives include afforestation projects and renewable energy adoption, aligning with its commitment to sustainable business practices. By fostering social development and environmental stewardship, TVS demonstrates its dedication to creating positive societal impact.

What is the Future of TVS Motor Company Ltd?

The future of TVS Motor lies in expanding its presence in electric mobility, with plans to introduce advanced electric vehicles. The company focuses on innovation, sustainability and enhancing global reach to meet evolving consumer demands and regulatory standards in the automotive industry.

Investments in research and development, coupled with partnerships for technological advancement, position TVS for sustained growth. The company aims to strengthen its market leadership while addressing environmental concerns through eco-friendly and high-performance vehicle offerings.

TVS Group Stocks List

The below table shows the TVS Group Stocks List based on market capitalization.

NameMarket Cap (Cr)Close Price (rs)
TVS Motor Company Ltd113753.892396.15
Sundaram Finance Ltd46039.534178.20
Sundaram Finance Holdings Ltd6846.96310.25
TVS Srichakra Ltd2738.513576.45
Wheels India Ltd1659.73679.30
India Nippon Electricals Ltd1553.53686.75
India Motor Parts & Accessories Ltd1396.201118.75
TVS Electronics Ltd659.75353.75
Sundaram Brake Linings Ltd307.06780.40

How Can I Invest in TVS Motor Company?

To invest in TVS Motor Company, open a demat and trading account with alice blue. Purchase shares through the NSE or BSE platforms, monitoring the company’s performance and market conditions for optimal investment opportunities.

A thorough analysis of financial reports and industry trends ensures informed decisions. Consulting financial advisors is recommended for aligning investments with long-term goals in the dynamic automotive sector.

Controversies Faced by TVS Motor Company Limited

TVS Motor has faced legal disputes, including patent infringement cases with Bajaj Auto over engine technology. These disputes have impacted the company’s public image and financial resources, highlighting challenges in maintaining innovation while navigating competitive pressures.

Despite controversies, TVS continues to innovate and uphold quality standards. Its proactive approach to addressing issues reflects its resilience and commitment to sustaining leadership in the automotive industry.

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TVS Motor Company Ltd – History, Growth and Overview  – FAQ

1. Who is the CEO of TVS Motor Company?

K. N. Radhakrishnan serves as the Director and CEO of TVS Motor Company. With a Master’s degree from IIT Chennai and management education from IIM Ahmedabad, he has been instrumental in transforming TVS into a globally recognized two-wheeler manufacturer.

2. What are the Top TVS Motor Company Ltd Stocks?

TVS Motor Company Ltd is the primary publicly traded entity within the TVS Group, listed on Indian stock exchanges under the ticker symbol “TVSMOTOR.” Investors can consider this stock for exposure to the company’s automotive business.

3. How Many Companies Are Under TVS?

The TVS Group comprises over 50 companies operating in sectors such as automotive manufacturing, finance, logistics and electronics. Notable subsidiaries include Sundaram Finance, TVS Logistics and TVS Electronics, each contributing to the group’s diversified portfolio.

4. Who Owns Most TVS Shares?

The majority shareholder of TVS Motor Company is TVS Holdings Ltd., holding approximately 50.26% of the company’s shares. Other significant stakeholders include institutional investors like SBI Funds Management and Axis Asset Management.

5. Is TVS Owned by Mahindra?

No, TVS Motor Company is not owned by Mahindra. Both are independent entities within India’s automotive industry, with TVS being part of the TVS Group and Mahindra & Mahindra operating separately.

6. Is TVS Government Owned?

TVS Motor Company is a privately owned enterprise and is not government-owned. It operates as a publicly listed company with shares traded on Indian stock exchanges, primarily held by private and institutional investors.

7. Is It Safe to Invest in TVS Stocks?

Investing in TVS Motor Company stocks can be considered relatively safe due to the company’s strong market presence and consistent financial performance. However, potential investors should conduct thorough research and consider market risks before making investment decisions.

8. How Can I Invest in TVS Motor Company Ltd?

To invest in TVS Motor Company Ltd, open a demat and trading account with alice blue. Once your account is active, you can purchase shares through the stock exchanges where the company is listed, such as NSE and BSE.

Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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