TVS Motor Company
(, ) is the third 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
and auto rickshaws
. It is India's only two-wheeler company to have won the Deming Prize
awarded for commitment to quality control, received in 2002.
The Legacy of TV Sundaram Iyengar
TVS Motor traces its origins back to the entrepreneurial spirit of Trichur Venkagaruswamy Sundaram Iyengar
who gave up lucrative careers in the Indian Railways
and in banking to set up his own business. He began with Madurai's
first bus service in 1912 and founded T.V.Sundaram Iyengar and Sons Limited, a company that consolidated its presence in the transportation business with a large fleet of trucks and buses under the name of Southern Roadways Limited. 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 33 companies that account for a combined turnover of nearly $3 billion.
The Early Years
Sundaram Clayton, then the flagship company, was founded in 1962 in collaboration with Clayton Dewandre Holdings, United Kingdom. It manufactured brakes,... Read More