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About TVS Motor Company


TVS Motor Company, one of India's leading two-wheeler manufacturers, has a rich history that spans several decades. The company's journey began in 1982, when it was incorporated as Indian Motorcycle Pvt. Ltd. Initially named Indo Suzuki Motorcycles Pvt. Ltd., the company underwent a name change and became a public limited company on January 12, 1984, with the new name TVS Suzuki Ltd. Mr. N. Krishnan promoted this venture in collaboration with Suzuki Motor Co. Ltd., Japan, and Sundaram-Clayton, Ltd., who held a significant stake. In 1986, the company acquired the moped division assets from Sundaram Clayton Ltd., leading to a name change to TVS Suzuki Ltd. Later, in 1988, it received a letter of intent to manufacture 20,000 outboard motors and 30,000 internal combustion engines annually. The company faced challenges in 1990 due to labour unrest, resulting in a lockout. Throughout the 1990s, TVS Suzuki Ltd. continued to expand its product portfolio, launching new models of motorcycles and mopeds. The company also explored the feasibility of opening a second plant to meet growing demand. In 1996, TVS Suzuki Ltd. focused on increasing production to meet rising market demands. The year 1997 marked a significant development as TVS-Suzuki planned to set up an auto ancillary estate through a joint venture. The company expanded further, launching new models and restructuring its vendor base to support future growth. In 1998, TVS Suzuki Ltd. achieved a turnover of over ₹1,000 crores and became the first company in India to introduce a 4-stroke scooter. In 2000, the company was listed on the NSE and BSE. In 2001, the joint venture between the TVS group and Suzuki Motor Corporation concluded, with the TVS group acquiring the 25.97% stake held by Suzuki Motor Corporation. The company continued to innovate and introduce new models, such as the Suzuki Fiero and TVS Victor. The years following 2000 saw TVS Motor Company introducing various products, including scooters, motorcycles, and a special cell to tap into the institutional segment. In 2016, TVS Motor launched the Apache RTR 200 in Indonesia, marking its entry into the super-premium motorcycle segment. In 2020, TVS Motor Company acquired Norton Motorcycles, a historic British motorcycle brand. It later launched the TVS iQube Electric Scooter and the all-new TVS RONIN, an industry-first modern-retro motorcycle.

Business Segments

The company offers a wide range of products across various segments, catering to the diverse needs of customers.
  1. Scooters: TVS is a renowned manufacturer of scooters in India. The company's scooter range includes popular models like the TVS Jupiter, TVS NTorq, and TVS Scooty Zest. These scooters are known for their fuel efficiency, comfort, and stylish design.
  2. Motorcycles: TVS also offers a comprehensive range of motorcycles, catering to various segments, from commuter bikes to performance motorcycles. Popular models include the TVS Apache RTR series, TVS Victor, and TVS Star City. These motorcycles are known for their reliability, performance, and value for money.
  3. Mopeds: TVS is a pioneer in the moped segment in India. The company's mopeds are known for their affordability, fuel efficiency, and ease of use. Popular models include the TVS XL Super Heavy Duty and TVS XL 100.
  4. Electric: TVS is committed to sustainable mobility and has a growing presence in the electric two-wheeler segment. The company's electric scooters, such as the TVS iQube and TVS Creon, are gaining popularity due to their eco-friendly credentials and performance.
  5. Three-wheelers: TVS is also a major player in the three-wheeler segment in India. The company offers a range of three-wheelers for both passenger and cargo transportation. Popular models include the TVS King, TVS Autorickshaw, and TVS Magic.
  6. Automobile parts: TVS Motor Company is a leading manufacturer of automobile parts, and the company supplies components to a wide range of customers, including other two-wheeler manufacturers and original equipment manufacturers (OEMs).
  7. Services: TVS Motor Company offers a range of after-sales services, including vehicle servicing, spare parts, and roadside assistance.
Subsidiaries of TVS Motors Company Limited
  1. Sundaram Auto Components Limited: Sundaram Auto Components Limited is a leading manufacturer of precision-engineered components for the automotive industry. The company has a strong presence in India and exports its products to over 25 countries. SCL supplies various components, including brake linings, clutch plates, and gaskets. The company is known for its high-quality products and its commitment to innovation.
  2. TVS Housing Limited: It is a developer of affordable housing projects in India. The company has a strong track record of delivering high-quality projects on time and within budget. The company is committed to providing affordable housing solutions to meet the growing needs of India's urban population.
  3. TVS Motor Services Limited: TVS Motor Services Limited is a leading provider of after-sales services for two-wheelers and three-wheelers in India. The company has a network of over 4,500 service outlets across India. The company offers various services, including vehicle servicing, spare parts, and roadside assistance. The company is known for its high-quality customer service and commitment to customer satisfaction.
  4. TVS Electric Mobility Limited: TVS Electric Mobility Limited (TVS EML) is a leading manufacturer of electric two-wheelers and three-wheelers in India. The company has a range of products designed for both urban and rural use. TVS EML is committed to developing sustainable and eco-friendly transportation solutions. The company is a pioneer in the Indian electric vehicle industry.

Key Personnel 

Prof Sir Ralf Dieter Speth, Chairman Sir Ralf Dieter Speth is the chairman of TVS Motors Company. He initiated his professional journey at BMW and pursued his PhD at Warwick Manufacturing Group. Subsequently, he transitioned to the Premier Automotive Group (PAG) at Ford Motor Company, overseeing product planning and quality. His career led him to Linde, a prominent chemical corporation, where he managed global operations. Regarded as an exceptional engineer, Sir Ralf boasts extensive experience from prominent positions within the global automotive industry. Notably, he served as the Chief Executive Officer of Jaguar Land Rover (JLR), where his leadership significantly contributed to the brand's elevation to global acclaim. Sir Ralf's association with Tata Motors began in the early 2010s when he joined its board. In 2016, Ratan Tata appointed him to the Supervisory Board of Tata Sons Ltd.

Parent Organisation
TVS Venu Srini
Managing Director
Sir Ralf Dieter Speth
NSE Symbol

Peer Comparision

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Community Discussion

24th May 2024
TVS motor rides high with HLX 125 5-gear launch in Tanzania TVS Motor’s HLX 125 5-gear, focusing on its performance, durability, and customer satisfaction, is set to become a popular choice among Tanzanian riders. About the new bike launch TVS Motor Company (TVSM) strengthens its presence in Tanzania with the launch of the all-new TVS HLX 125 5-gear. This versatile motorcycle caters to the needs of riders seeking a powerful, efficient, and reliable companion for their journeys. The TVS HLX 125 5-gears is a powerful and durable motorcycle with a powerful yet efficient engine, best-in-class durability, superior mileage, enhanced features like battery-saving headlamps, a flat footrest, durable tubeless tyres, an 18-inch alloy rear wheel, and an increased wheelbase. It also comes with a 50,000 KM/ 18-month warranty in Tanzania, providing peace of mind for riders. The TVS HLX 125 5-gear comes in three stylish colours – black, red, and blue – accented with black alloy wheels and rim tape. This new variant offers a fresh look while maintaining the HLX series’ reputation for reliability and performance. Rahul Nayak, Vice President, International Business, at TVS Motor Company, highlighted the HLX series’ success in catering to the evolving needs of over 3.5 million customers in 50 countries. He expressed confidence that the TVS HLX 125 5-gear will further elevate the riding experience and set a new benchmark. Vijay Gidomool, Group CEO, Car & General, Tanzania, emphasized the TVS HLX’s longstanding reputation as a trusted commuting partner. He expressed commitment to enhancing customer experience through continuous innovation and a robust service network. The TVS HLX 125 5-gear strengthens TVS Motor’s position as a leading provider of mobility solutions. With its focus on performance, durability, and customer satisfaction, this new variant is poised to become a favourite among riders in Tanzania. Share Price Movement TVS Motor Company shares closed the day strong. The stock price rose 2.93% to Rs 2239.55, exceeding the previous day’s close of Rs 2,175.90. This increase puts the stock price closer to its 52-week high of Rs 2,313.90 and above its 52-week low of Rs 1,263.25. The trading range for the day was Rs 2,160.15 to Rs 2,252. The company’s current market capitalisation stands at a substantial Rs 1,06,398.13 crore. About Company TVS Motor Company is a global two and three-wheeler manufacturer, focusing on sustainable mobility. With four state-of-the-art facilities in India and Indonesia, the company has a 100-year legacy of trust, value, and passion for customers. TVS Motor is the only two-wheeler company to win the Deming Prize and has been ranked the No. 1 company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Norton Motorcycles, a UK-based group, is a popular motorcycle brand, and its subsidiaries, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the Swiss e-bike market. Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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20th October 2023
The company is set to enter the market with a comprehensive lineup of 14 products, which includes both two-wheelers and three-wheelers. TVS Motor Company, a leading global manufacturer of two-wheelers, has made a significant announcement regarding its expansion into a new international market. As per the details the company announced its significant debut in the Venezuelan market today. This historic move establishes TVS Motor as the inaugural Indian automotive manufacturer to penetrate this market, offering an impressive lineup of 14 different vehicle models for the passionate riders of Venezuela, all tailored to their preferences and requirements. Product range for international markets The product range consists of premium motorcycles such as the TVS RR 310 and Apache series, commuter motorcycles including TRAK 150 and Sport 100, a utility vehicle with the TVS XL 100, a sporty scooter - TVS NTORQ 125, and three-wheelers like TVS KING GS and TVS KING CARGO. The company’s goal is to broaden its footprint and explore fresh opportunities for growth in the region. With a well-established heritage of groundbreaking innovations, exceptional performance, and technologically advanced vehicles, it is positioned to provide an unmatched combination of cutting-edge technology, compelling design, and robust functionality. The company holds a prominent position among the world’s top five automobile manufacturers, boasting a presence in more than 80 countries spanning Africa, Southeast Asia, the Indian Subcontinent, Latin America, and the Middle East. The company’s product portfolio encompasses a wide range of products catering to different segments and preferences. From stylish commuters to agile sport bikes, TVS Motor offers a motorcycle for every rider. These motorcycles are renowned for their superior fuel efficiency, reliability, and exceptional performance, attributes that are poised to resonate with Venezuelan riders. Committed to nurturing a strong relationship with the local community, TVS Motor is ready to provide premium customer support and service in Venezuela. In alignment with the company’s dedication to establishing a robust presence, it will also explore opportunities for local partnerships and collaborations that can contribute to the growth of the Venezuelan automotive industry. The company’s stock closed at Rs 1597.55 per share on the BSE, showing minimal change compared to the previous day’s closing price of Rs 1598.60 per share. The current market capitalization is Rs 75,897 crore, and the stock has delivered an impressive 42% return over the past six months. Investors must keep this stock on their radar. Disclaimer: This post has been written exclusively for educational purposes.
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Tvs Motor Company Ltd FAQs

Tvs Motor Company Ltd (TVSMOTOR) share price as of July 15, 2024, on NSE is Rs 2455.4 (NSE) and Rs 2455.4 (BSE) on BSE.
Yes, You can buy Tvs Motor Company Ltd (TVSMOTOR) shares by opening a Demat account with Angel One.
Tvs Motor Company Ltd (TVSMOTOR) share can be bought through the following modes:
1. Direct investment: You can buy Tvs Motor Company Ltd (TVSMOTOR) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Tvs Motor Company Ltd (TVSMOTOR) shares.
The main business of Tvs Motor Company is to manufacture two-wheelers and three-wheelers at its four manufacturing plants situated at Mysuru, Hosur, Nalagarh, and Karawang (Indonesia).
The main promoters of Tvs Motor Company are Sundaram Clayton Limited, Srinivasan Trust (VS Trustee Private Limited, Trustee), and Mallikasrinivasan.
Some of the key subsidiaries that come under Tvs Motor Company are Sundaram Auto Components Limited, TVS Motor Services Limited, TVS Housing Limited, Intellicar Telematics Private Limited, TVS Electric Mobility Limited, TVS Credit Services Limited, TVS Motor (Singapore) Pte. Limited, Singapore, and The Norton Motorcycle Co Limited, United Kingdom.
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