that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . february 2016 learn how and when to remove this template message tvs motor company limited type public traded as bse 532343 nse tvsmotor industry automotive founded 1978 founder t. v. sundaram iyengar headquarters chennai india number of locations 4 two wheeler and 1 three wheeler plants key people venu srinivasan chairman & md products motorcycles scooters three wheeler vehicles and spare parts revenue 115.16 billion us 1.7 billion 2016 1 operating income 4.44 billion us 66 million 2016 1 profit 3.28 billion us 49 million 2016 1 total assets 49.22 billion us 730 million 2016 1 total equity 15.83 billion us 240 million 2016 1 parent sundaram clayton limited website www.tvsmotor.com tvs motor company is the third largest two wheeler manufacturer in india with a revenue of rs .11 516 cr 1.7 billion in 2015 16 . it is the flagship company of the rs . 40 000 cr 6 billion in 2014 15 tvs group . the company has an annual sales of 2.5 million units and an annual capacity of over 3 million vehicles . tvs motor company is also the 2nd largest exporter in india with exports to over 60 countries . tvs motor company ltd tvs motor member of the tvs group is the largest company of the group in terms of size and turnover with more than 2.8 crore 28 million customers riding a tvs bike . contents 1 history 2 characteristics of tvs motor 3 awards 4 references 5 external links history edit tvs was established by mr tv sundaram iyengar . he began with madurai s first bus service in 1911 and founded t.v.sundaram iyengar and sons limited a company in the transportation business with a large fleet of trucks and buses under the name of southern roadways limited . 2 when he died in 1955 his sons took the company ahead with several forays in the automobile sector including finance insurance manufacture of two wheelers tyres and components . the group has managed to run 97 companies that account for a combined turnover of nearly 6 billion . early years 100 sundaram clayton was founded in 1962 in collaboration with clayton dewandre holdings united kingdom . it manufactured brakes exhausts compressors and various other automotive parts . the company set up a plant at hosur in 1978 to manufacture mopeds as part of their new division . in 1980 tvs 50 india s first two seater moped rolled out of the factory at hosur in tamil nadu southern india . a technical collaboration with the japanese auto giant suzuki ltd. resulted in the joint venture between sundaram clayton ltd and suzuki motor corporation in 1982 . commercial production of motorcycles began in 1984 . 3 suzuki relationship 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 . re christened tvs suzuki the company brought out several models such as the suzuki samurai suzuki shogun and suzuki fiero . in 2001 after separating ways with suzuki the company was renamed tvs motor relinquishing its rights to use the suzuki name . there was also a 30 month moratorium period during which suzuki promised not to enter the indian market with competing two wheelers . 4 recent tvs also competes in the 3 wheeler segment recent launches include rtr 200 tvs victor and tvs xl 100 . tvs has recently won 4 top awards at j.d. power asia pacific awards 2016 3 top awards at j.d. power asia pacific awards 2015 & two wheeler manufacturer of the year at ndtv car & bike awards 2014 15 in early 2015 tvs racing became the first indian factory team to take part in the dakar rally which is the longest and most dangerous rally in the world . tvs racing partnered with french motorcycle manufacturer sherco for the dakar rally and named the team sherco tvs rally factory team . tvs racing also won the raid de himalaya and the fox hill super cross held at sri lanka . in three decades of its racing history the team has won more than 90 % of the races . in 2016 tvs started manufacturing the bmw g310r a model co developed with bmw motorrad . characteristics of tvs motor edit tvs motor was the first indian company to deploy a catalytic converter in a 10000 cc motorcycle and the first to indigenously produce a four stroke 150cc motorcycle . the list of firsts from tvs india s first 2 seater moped tvs 50 india s first indigenous scooterette scooty india s first digital ignition tvs champ india s first fully indigenous motorcycle victor first indian company to launch abs in a motorcycle apache the first scooter with body balance technology wego the clutchless motorcycle jive indonesia s first dual tone exhaust noise technology tormax & india s first oil cooled chamber construct with ram air assist tvs apache rtr 200 4v tvs motor currently manufactures a wide range of two wheelers including motorcycles apache rtr series phoenix 125 victor star city sport max4r ; scooters jupiter wego scooty zest 110 scooty streak scooty pep ; mopeds xl 100 xl super xl super heavy duty . manufacturing capability tvs motor has a production capacity of over 3 million vehicles a year . the company has four manufacturing plants three located in india hosur tamil nadu ; mysore karnataka and nalagarh himachal pradesh and one in indonesia karawang . distribution today tvs motor functions through a nationwide network of more than 4000 touch points across all the states in india . awards edit tvs motor won the deming application prize in 2002 . 5 in the same year the work done for the tvs victor motorcycle won tvs motor the national award for successful commercialization of indigenous technology from the technology development board ministry of science & technology government of india . 6 in 2004 tvs scooty pep won the outstanding design excellence award from businessworld magazine and the national institute of design ahmedabad . the effective implementation of total productivity maintenance practices won tvs motor the tpm excellence award given by the japan institute of plant maintenance in 2008 . tvs motor has won several management awards notable among them being the emerging corporate giant in the private sector awarded by the economic times and the harvard business school association of india . business today magazine awarded tvs motor the best managed company and the most investor friendly company awards . its advertising practices won it the good advertising award by auto india best brand awards 2009 . the university of warwick united kingdom gave him an honorary doctorate of science degree 7 while the government of india honoured him with the padma shri one of india s highest civilian distinctions . 8 innovative implementation of information technology has won tvs motor the ace award for most innovative netweaver implementation in 2007 awarded by technology major sap ag and the team tech 2007 award of excellence for integrated use of computer aided engineering technologies . references edit wikimedia commons has media related to tvs motor . a b c d e http www.tvsmotor.com pdf financial results march 2016.pdf when he died in 1955 his sons took the company ahead with several forays in the automobile sector including finance insurance two wheelers three wheelers tyres and components housing aviation logistics etc. . the group has managed to run 97 companies that account for a combined turnover of nearly 6 billion . sundaram clayton company history . moneycontrol . 1 january 2005 . retrieved 28 september 2010 . 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 went on to invest in new technology nurture in house design and implement toyota style quality programs . http www.thehindubusinessline.com 2002 11 03 stories 2002110301380200.htm mitsubishi sole agents for valvoline car care products . sunday observer . 3 august 2003 . retrieved 2 august 2010 . das swati 16 july 2004 . warwick s doctorate to venu srinivasan . times of india . retrieved 2 august 2010 . padma shri for venu srinivasan . the hindu businessline . 25 jan 2010 . retrieved 2 august 2010 . external links edit official website v t e automotive industry in india automotive industry economy of india transport in india indian vehicle manufacturers active ashok leyland asia motor works bajaj auto chinkara motors eicher force hero hindustan hradyesh kerala lml mahindra group mahindra reva mahindra & mahindra mahindra international mahindra two wheelers mahindra tractors mahindra truck and bus maruti suzuki ofmk premier sml isuzu swaraj mazda bengal enamal tara international tata motors tata motors cars tvs vfj defunct hero motors sipani standard indian foreign joint venture vehicle manufacturers active eicher polaris tata marcopolo ve commercial vehicles 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motors mahindra & mahindra tafe tata motors tvs aerospace and defence bharat electronics drdo hal ordnance factories conglomerates aditya birla adani avantha bajaj bharti essar essel gmr godrej gvk hinduja itc jaypee jindal kirloskar jsw l & t lanco mahindra muthoot murugappa ramoji reliance adag reliance rpg sahara shapoorji pallonji sun tata tvs torrent ub videocon wadia civil aviation air india indigo jet airways consumer goods and retail britannia industries dabur flipkart future group godrej consumer hindustan unilever itc nirma reliance retail tata global beverages energy and natural resources bharat petroleum cairn india chennai petroleum coal india gail essar oil hindustan petroleum indian oil corporation l & t national aluminum nhpc nmdc nlc ntpc oil india ongc power finance power grid rinl reliance infrastructure recl sci sesa goa suzlon energy tata power finance andhra bank axis bank bank of baroda bank of india canara bank central bank of india hdfc bank icici bank idbi bank ing vysya bank jammu & kashmir bank kotak mahindra bank lic mudra bank muthoot finance ltd punjab national bank sbi tamilnad mercantile bank union bank of india yes bank healthcare pharmaceutical & biotech aurobindo pharma cadila healthcare cipla glenmark pharmaceuticals dr. reddy s idpl iil lupin sun pharmaceutical manufacturing and heavy industries acc ambuja apollo tyres bengal chemicals and pharmaceuticals bhushan bhel dlf gammon india havells hcc hindalco india cements jindal steel jsw mrf sail tata steel ultratech information technology hcl technologies infosys tata consultancy services tech mahindra wipro media sun group the times group living media telecommunications aircel airtel bsnl idea cellular micromax mobile mtnl reliance communications tata communications benchmark fy 2015 16 revenues of over us 1 billion retrieved from https en.wikipedia.org w index.php title tvs motor company & oldid 743386725 categories automotive companies of indiamotorcycle manufacturers of 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