What is the full form of TVS?
Today we are discussing about the TVS full form, in which you will get the information about who is owner of TVS company? Which country company is TVS? so lets learn
The full form of TVS is Thirukkurungudi Vengaram Sundram, TVS is one of the biggest manufacturers of motor vehicle, mopeds, and auto-rickshaws in India.
TVS is headquartered in Chennai, it is additionally recorded in NSE and BSE. In 1911 TVS Iyengar operated a company T.V. to operate a bus service in the city of Madurai. Started Sundaram Iyengar and Sons Limited.
He operated a lot of buses and lorries under the name of Southern Roadways Limited, later TVS Motor Company Limited was registered in 1978 for the production and sale of motorcycles, scooters, and three-wheelers in India.
History of TVS full form ( TVS company profile)
why do you need to know about the full form of TVS?
Mr. TVS TV Sundaram was created by Iyengar. The first bus service was started in Delhi in 1911 and in the name of Southern Roadways Limited, a company TV in the business with trucks and buses and large transport. Sundaram Iyengar and Sons Limited was established. He operated a lot of buses and lullabies in the name of Southern Roadways Limited.
TVS and Suzuki 19 have worked together for a year to further improve the design and construction of the bike.
In 1955 Mr. T.V. Sundram died. After his death, his sons operated the company and turned the company towards the automobile sector. Some of the main functions of this company include Finance, Insurance, Two Wheelers, Three Wheelers, Tires and Components, Housing, Aviation, Logistics, etc.
However, later the name of TVS Motor Company Limited was enrolled in 1978 for the creation and selling of bikes, and three-wheelers in India
You may have felt a bit strange to hear the full form of TVS because its full form has no meaning. Thirukkurungudi Vengaram Sundram This is the name of a person who created this company.
Friends, he named this company TVS after the abbreviation of his name. As you know TVS is one of the third largest motorcycle TVS manufacturing plant in India. And the annual sales of this company are more than 3 Million Units.
TVS Motor is India’s second largest two wheeler company exporting overseas. With this, TVS is among the top ten companies in the world exporting to more than 60 countries.
TVS currently exports vehicles to India, China, Pakistan, Arab countries, Australia, Japan, Indonesia, Singapore, Thailand, Cambodia, Colombia, Brazil, Peru, Chile, etc.
TVS has always been dedicated to innovative, easy to use and environmentally friendly motor designs. According to the 2018 data, more than 33 million customers have purchased TVS vehicles, this shows the confidence of people towards TVS.
TVS Motor Company, the flagship company of TVS Group,The company makes a wide range of racing motorcycles from mopeds.
The company also manufactures three-wheelers. The annual production capacity of the company is 4 million 2 wheels and 120,000 three-wheel.
It is one of the leading two-wheeler and three-wheeler vehicles in India, The company has plants located at Hosur in Tamil Nadu, Mysore in Karnataka and Nalagarh in Himachal Pradesh. It has a manufacturing unit located in Karwang in Indonesia.
In the year 1979, TVS Group Company Sundaram-Clayton Limited started a moped division in Hosur to manufacture TVS 50 mopeds. In the year 1982, the company entered into technical know-how and support agreement with Suzuki Motor Company Limited of Japan and in the year 1985, they started manufacturing critical engines and transmission parts. Incorporated a new company Laxmi Auto Components Private Limited.
In the year 1986, the company acquired the moped division assets from Sundaram Clayton Ltd. Also, the name of the company was changed from Indo Suzuki Motorcycle Ltd. to TVS Suzuki Ltd.
In the year 1992, they propelled two methods of the bike, That is, Samurai and Shogun and in the year 1993, they propelled TVS Scooty, for your knowledge.
I would like to tell you that during the year 1999-2000, TVS Suzuki Limited got Sundaram Tow Engineers Ltd was separated. Which was an unlisted group company, incorporated in the year 1992.
According to the plan, all the assets and liabilities of the past TVS Suzuki Limited, alongside all liabilities and unforeseen liabilities, were vested in Sundaram Auto Engineers (India) Limited from April 22, 1999. The merged entity was later renamed to TVS Suzuki Limited.
TVS Group and Suzuki Motor Corporation pulled out of their 15-year joint endeavor on September 27, 2001, the share held by Suzuki Motor Corporation was picked up by Anusha Investments, wholly owned by Sundaram-Clinton Limited. 9 crores Rs.
In this manner, the organization turned into a subsidiary of Sundaram-Clayton Limited from November 15, 2001, since, Suzuki Motor Corporation has become an investor of the organization, the organization doesn’t have authority to use the”word ‘Suzuki’ as a major aspect of their name.
Consequently, the name of the organization was changed to TVS Motor Company Ltd.
During the year 2002-03, the upgraded version of the new stylish TVS Scooty Pep and Fiero was launched in the market.
In April 1, 2003, the subsidiary organization, Lakshmi Auto Components Limited, gained the whole settled up capital of Sundaram Auto Components Limited, subsequently, Sundaram Auto Components Limited became a subsidiary from April 1, 2003.
In October 2003, the organization went into a plan of course of action with Lakshmi Auto Components Limited and Sundaram Auto Components Limited.. As per this plan, all the assets and liabilities of Lakshmi Auto Components Limited’s rubber and plastic businesses were transferred to Sundaram Auto Components.
You will know very well about the market for TVS. TVS has a lot of dominance in the market today.
TVS Motor Company is known as the third largest two-wheeler manufacturer in India. TVS Group deals in Automobile, Aviation, Education, Electronics, Energy, Finance, Housing, Insurance, Investment, Logistics, Services and many more industries.
There are more than 90 companies within the TVS Group, which specialize in different areas. TVS Motor Company has an annual manufacturing capacity of 4 Million Two Wheeler and 120,000 Three Wheeler.
TVS received awards
Know which awards TVS has received, TVS has been named as the most award-winning 2 wheeler manufacturer by NDTV car and bike awards. It is awarded the number 1 bike in quality at the JD Power Asia Pacific India automotive Awards.
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