TVS Motor Company Limited Description
TVS Motors Company Limited was established in the year 1992 and has its headquarters in Chennai. The company along with its subsidiaries, manufactures and sells automotive vehicles, components, spare parts and accessories in the country. They offer a range of two wheelers that includes motorcycles, scooters and mopeds. They also offer three wheelers. The company also exports their products. The company is the third largest two wheeler manufacturer in the country with a revenue of more than 13,363.43 crore INR. They have a production capacity of about 3.2 million two wheelers and 1.2 lakh three wheelers. The group spreads across industries like automobile, aviation, education, electronics, energy, finance, housing, insurance, investment, logistics, services and textiles. TVS Group have over ninety companies under them, out of which TVS Motors Company Ltd is the largest company of the group in terms of size and turnover. The company manufactures a wide range of two wheelers. In the motorcycle section, the company manufactures Apache Series RTR, Victor, StaR City+, Sport, Max4R. In the scooter section, they manufacture Jupiter, Wego, Scooty Zest 110, Scooty Streak, Scooty Pep+. In the mopeds section, the company manufactures XL 100, XL Super, XL Super Heavy Duty. The company's manufacturing excellence has been proven with a lot of examples. The company's daily work management includes defining and monitoring major processes, and ensures that they meet their set targets. The company motivates continuous improvement in all aspects of work, with the help of Cross Functional Teams, Supervisory Improvement Teams and Quality Control Circles and suggestion schemes.