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TVS Motor Reviews

Chennai, Tamil Nadu

4.0/ 5

2 reviews

TVS Motor Company Limited is a leading Indian multinational motorcycle manufacturer headquartered in Chennai, Tamil Nadu. As the flagship entity of the TVS Group, which boasts a legacy of over 100 years, the company has established itself as the third-largest two-wheeler manufacturer in India and ranks among the top ten globally. Founded in 1979, the company is built on the core values of Trust, Value, and Service, a philosophy initiated by the founder, Shri T. V. Sundaram Iyengar. The company operates four state-of-the-art manufacturing facilities: three in India located at Hosur (Tamil Nadu), Mysuru (Karnataka), and Nalagarh (Himachal Pradesh), and one international plant in Karawang, Indonesia. These facilities support an annual production capacity of over 4.95 million two-wheelers and 240,000 three-wheelers. TVS Motor is recognized for its commitment to quality, being the first two-wheeler manufacturer in the world to receive the prestigious Deming Prize for Quality Management. TVS Motor offers the widest range of products in the Indian two and three-wheeler industry. Its diverse portfolio includes motorcycles like the racing-inspired Apache series, Ronin, Raider, and commuter models such as the Radeon, Sport, and Star City+. The scooter segment features the popular TVS Jupiter, Ntorq, and Zest 110. Additionally, the company maintains a strong presence in the moped segment with the TVS XL 100 and the three-wheeler market with the TVS King. Embracing the transition to green energy, TVS has made significant strides in the electric vehicle (EV) space with the TVS iQube and the premium TVS X electric scooters. Globally, TVS Motor has a footprint in over 80 countries across Africa, Latin America, Europe, Southeast Asia, and the Middle East. It is India’s second-largest exporter of two-wheelers. The company’s growth is further bolstered by strategic international acquisitions and partnerships, such as the acquisition of the iconic British brand Norton Motorcycles and the Italian engineering firm Engines Engineering S.p.A. A long-standing technical collaboration with BMW Motorrad has also led to the co-development of high-performance sub-500cc motorcycles. Financially, TVS Motor is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). For the fiscal year 2023-24, it reported a consolidated revenue of approximately INR 39,140 crore. Under the leadership of Chairman Venu Srinivasan and Managing Director Sudarshan Venu, the company continues to focus on premiumization, digital innovation, and sustainable mobility. It aims to achieve 100% reliance on renewable energy for its manufacturing operations, having already reached 93% in recent years, while consistently ranking top in customer satisfaction surveys like J.D. Power.