Overview of TVS Motor
Founded in 1978, TVS Motor has left an indelible mark in the two-wheeler sector, establishing a remarkable brand name across the Indian market. The company's lasting impression comes from its brand loyalty, dedication to quality products, innovative thinking and customer trust. Our article delves deeper into TVS Motors' history, products, subsidiaries, acquisitions, and more.
TVS Motor history
The history of TVS Motor dates back to 1911 and includes:
- 1910s: In 1911, Shri T V Sundaram Iyengar founded the TVS Group, which started as a local transportation service.
- 1920s: TVS expanded into a major automobile distributor in Tamil Nadu.
- 1950s: The firm expanded its automobile distribution sector, becoming an automobile components manufacturer.
- 1960s: TVS Holdings Ltd. was formed, focusing on auto components. Other key subsidiaries were also established.
- 1970s: In 1978, TVS Motor Company Ltd was started.
- 1980s: The tyre manufacturer, TVS Srichakra Ltd, was founded in 1982, followed by TVS Electronics Ltd in 1987.
- 2000s: TVS expanded into the global markets.
- 2010s: TVS introduced innovative automotive and tech-related solutions while focusing on sustainability.
TVS Motor subsidiaries
TVS Group, an Indian multinational conglomerate, has these subsidiaries:
- TVS Motor Company Ltd.
- TVS Holdings Ltd.
- TVS Supply Chain Solutions Ltd.
- TVS Srichakra Ltd.
- TVS Electronics Ltd.
TVS Motor acquisitions
The acquisitions of TVS Motor include:
- TVS Motor Company and BMW Motorrad
- Sundaram Clayton and WABCO
- Norton
- Lucas TVS and Delphi
- TVS Motor Company and the Swiss E-Mobility Group (SEMG)
- TVS and Mopeds
TVS Motor products
TVS continues to leverage its innovation and technology to fulfill diverse consumer needs. The company has a wide product portfolio, including two-wheelers (motorcycles, scooters, mopeds) and three-wheelers. Generally, the TVS brand and product portfolio includes:
- TVS motorcycles
- Sundaram Clayton
- TVS Tyres (under TVS Srichakra Ltd.)
- TVS Electronics
- TVS Capital Funds
Conclusion
Over the years, TVS has diversified its product ranges to meet a wide audience's needs, building a firm presence in over 80 domestic and international markets. As a bike enthusiast seeking a model for leisure or commuting, finding your most desirable motorbike can be exhilarating.
However, it's equally important to have the right protection in place. Comprehensive two-wheeler insurance safeguards your bike against unforeseen financial liabilities, including damage, theft, accidents, and natural calamities. Moreover, as per the India Motor Vehicles Act, every bike owner is required to have a valid third-party two-wheeler insurance policy to stay legally compliant.
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