TVS Motor Company Share Price

TVS Motor Company Ltd, incorporated in 1978, was founded by the TVS Group under the leadership of T. Sundaram Iyengar and family. The company’s registered office is in Chennai, Tamil Nadu. TVS Motor is listed on both the NSE (TVSMOTOR) and BSE (532343). As one of India’s leading two- and three-wheeler manufacturers, TVS designs, produces, and sells motorcycles, scooters, mopeds, and electric vehicles. It serves domestic and international markets through an extensive distribution network.

TVS Motor Business Segments and Revenue Model

TVS Motor operates across major segments: internal combustion two-wheelers and three-wheelers, electric vehicles, and aftermarket services. Its flagship products include motorcycle models like the Apache series, scooters such as Jupiter, mopeds like the XL100, and electric scooters under the iQube brand.

The revenue model incorporates vehicle sales, OEM and aftermarket parts, export earnings, and interest and fee income from financial services offered to dealers and customers. Additional income streams come from parts, accessories, service contracts, and licensing. This diversified structure, bolstered by R&D investments and robust brand equity, supports sustained domestic and overseas market expansion.

TVS Motor Key Milestones

• 1978: Joint venture with Suzuki established; began two-wheeler operations.
• 1982: Launched first two-wheeler, the TVS 50 moped.
• 1990: Dissolution of TVS–Suzuki JV; creation of TVS Motoring Pvt Ltd.
• 1998: Rebranded as TVS Motor Company Ltd.
• 2001: Introduction of TVS Victor, marking major domestic success.
• 2008: Launch of performance-focused Apache RTR series.
• 2013: Expanded manufacturing footprint to Indonesia and Sri Lanka.
• 2015: Acquired British marque Norton Motorcycles.
• 2018: Debut of electric scooter TVS iQube.
• 2020: Began co-engineering projects with Norton.
• 2021: Exported iQube to international electric vehicle markets.
• 2022: Announced carbon-neutral manufacturing goals by 2030.
• 2023: Rolled out new electric motorcycle platform; strategic EV partnership.

TVS Motor ESG and Sustainability

• Green manufacturing through renewable energy use and zero-waste targets
• Electrification strategy aiming for 30% EV sales by 2027 and carbon neutrality by 2030
• CSR focus on road safety, rural community upliftment, and vocational technical training
• Emphasis on employee welfare, diversity, skills development, and workplace safety

TVS Motor Awards and Recognitions

• Named "Most Trusted Two-Wheeler Brand" in India multiple years
• Received National Energy Conservation Award for manufacturing excellence
• Recognised as a Great Place to Work for five consecutive years
• Honoured with the Golden Peacock Award for Corporate Governance
• Apache RTR series lauded in NDTV Car & Bike Awards for performance innovation