Company Structure

TVS Motor Company

Origin and History

TVS Motor Company Limited is the fourth largest two-wheeler manufacturer in India. It is the flagship company of the parent TVS Group employing over 40,000 people with an estimated 15 million customers.  It manufactures motorcycles, scooters,mopeds and auto rickshaws. 

It was incorporated as Indian Motorcycle Pvt. Ltd. on 15th July, 1982 and converted into a public limited company on 12th January, 1984. TVS Motor Company was promoted by the TVS group in collaboration with Suzuki Motor Co. Ltd. Japan.TVS and Suzuki shared a 19 year long relationship that was aimed at technology transfer to enable design and manufacture of two-wheelers specifically for the Indian market. At the onset of this partnership, TVS was rechristened as TVS-Suzuki.

Year 1976

 Differences in opinion on how to run the join venture eventually led to the partners going their separate ways in 2001 with the company being renamed TVS Motor.

 There was also a 30 month moratorium period during which Suzuki promised not to enter the Indian market with competing two-wheelers. The company also got over a period of labour unrest that required Chairman Venu Srinivasan to take tough measures to resurrect a company that was in a state of turmoil. He would go on to invest in new technology, nurture in-house design, and implement Toyota-style quality programs.

Recent Years

Over the years TVS Motor has grown to be the largest in the group, both in terms of size and turnover, with four state of the art manufacturing plants in Hosur, Mysore and Nalagarh in India and Karawang in Indonesia. TVS Motor is credited with many innovations in the Indian automobile industry, notable among them being the introduction of India's first two-seater moped, the TVS 50cc. The company became the leader in its category of sub 100 cc mopeds, having sold 7 million units. It also introduced the TVS Scooty, which is India's second largest brand in the scooterette segment.The TVS Jive launched in November 2009 became India's first clutch-free motorbike aimed at a stress-free rider experience while the unisex scooter TVS Wego is targeted at urban couples, featuring body-balance technology for easier handling.

Company Vision and Mission

Mission 

“We are committed to being a highly profitable, socially responsible, and leading manufacturer of high value for money, environmentally friendly, lifetime personal transportation products under the TVS brand, for customers predominantly in Asian markets and to provide fulfilment and prosperity for employees, dealers and suppliers.”

Vision Statement

“TVS Motor - Driven by the customer 

TVS Motor - The Industry Leader 
 
TVS Motor - Global overview 
 
TVS Motor - At the cutting edge 

TVS Motor - Committed to Total Quality 

TVS Motor - The Human Factor 

TVS Motor - Responsible Corporate Citizen”

For the complete Vision Statement, visit the TVS website.

Awards & Recognition The Deming Prize - Total Quality Management in 2002 'Star Performer - Silver Shield by EEPC India, for excellent export performance for year 2007-08 Star of Asia Award to Mr. Venu Srinivasan, CMD TVS Motor Company by Business Week International.  TPM Excellence Award 2008 Progressive Manufacturer 100 Award Asian Network for Quality Award 2004 Technology Award 2002 SAP ACE AWARD 2007 The 'Good Advertising' award

CSR by TVS

Srinivasan Services Trust (SST) was established in 1996 by TVS with a wish to give back to the society.

The Trust is presently working in 1,000 villages, spread across 5 states.

Its major focus areas are: 

Economic Development 

Health 

Education and  

Environment and Infrastructure

Sources:

TVS Motor Company website

Wikipedia.org

http://www.tvssst.org