TVS

ABOUT TVS BIKES

TVS Motor Company, a prominent player in the Indian two-wheeler industry, has a rich innovation and strategic growth history. TVS Motor manufactures a wide range of two-wheelers, including mopeds, scooters, commuter motorcycles, and racing-inspired bikes like the TVS Apache series and the TVS Apache RR310. The company’s diverse product portfolio caters to various segments, ensuring options for different customer preferences and needs.

History

TVS Motor Company, part of the TVS Group, was founded in 1911 by T.V. Sundaram Iyengar, starting with Madurai’s first bus service. In the 1970s, the group entered the automotive sector, launching Sundaram Clayton and opening a moped manufacturing facility in Hosur in 1976.

In 1980, they released TVS 50, India’s first two-seater moped, revolutionising the two-wheeler market. The company rapidly expanded, introducing motorcycles and scooters, and formed a joint venture with Suzuki before becoming independent again in 2001.

Timeline & Milestones

1. 980: Launch of TVS 50, the first Indian moped.
2. 1987: Collaboration with Suzuki, introducing advanced products and manufacturing expertise.
3. 2001: JV with Suzuki ends; TVS becomes an independent entity.
4. 2005: Introduction of the Apache series, marking entry into high-performance bikes.
5. 2013: Alliance with BMW Motorrad for co-development of high-end motorcycles.
6. 2020: Launch of TVS iQube Electric, signalling robust entry into electric mobility.
7. 2024: Over 50 million vehicles on the road; TVS reaches record revenue and expands its EV portfolio.

Manufacturing Facilities

TVS Motor Company operates three state-of-the-art factories in India:

1. Hosur, Tamil Nadu: The primary and oldest plant, central to TVS’s manufacturing capacity.
2. Mysuru, Karnataka: Supports production for southern and western markets.
3. Nalagarh, Himachal Pradesh: Caters to northern and eastern India.

The company has also entered into contract manufacturing partnerships to optimise logistics and expand service in eastern India.

Market Position

1. TVS is India’s third-largest two-wheeler manufacturer.
2. In the first half of 2025, TVS grew its market share to 18.71%, up from 17.08% in 2024, outpacing competitors like Hero, Honda, and Bajaj. This was driven by robust performance in the electric scooter segment and premium motorcycles.
3. The company continues to innovate, leading with connected vehicles, advanced safety features, and a wide product portfolio from commuter mopeds to high-end racing bikes.

Achievements

1. Financial Strength: In FY2023-24, TVS posted record revenue of ₹31,776 crore and Profit Before Tax of ₹2,781 crore, with EBITDA margins exceeding 11%.
2. Global Presence: TVS exports to over 80 countries and is strengthening its position in international markets with partnerships and homologated products for Europe and other regions.
3. Innovation: Pioneer of several firsts, including India’s first catalytic converter in a 100cc bike and connected scooters.
4. Recognition: Consistently awarded for quality, performance, and customer satisfaction, reflecting industry trust in the brand.

Future Outlook

1. Growth Forecasts: Analysts expect TVS’s earnings to grow at 20.2% annually, with revenue growth projected at 5.8% per annum and return on equity at 26.3% over the next three years.
2. EV & Sustainability: TVS is intensifying its EV push, aiming for leadership in sustainable urban mobility. The company is investing in R&D and roping in partnerships to strengthen its EV lineup.
3. Premiumisation & Expansion: Continued focus on premium models, expansion of the dealer network, customer-centric campaigns, and a strategic push into Europe, Africa, Latin America, and ASEAN regions.
4. Innovation Commitment: TVS will keep innovating, both in product offerings and technology, to match evolving consumer preferences and to remain a trendsetter in the Indian mobility space.

TVS Motor Company embodies Indian manufacturing excellence and adaptability. Starting from modest beginnings, it has become a global leader, driving India’s mobility revolution with a focus on quality, sustainability, and innovation.