What we do TVS Motor Company is India's third largest two- and three-wheeler manufacturer, producing motorcycles, scooters, and three-wheelers with strong global exports. |
Founded in 1,992 |
Market share Third largest two-wheeler manufacturer in India, with robust export presence in over 60 countries. |
Problem solved Provides affordable, efficient personal and commercial mobility solutions across domestic and international markets. |
Top clients or who we serve Serves retail consumers for two- and three-wheelers; also B2B in commercial vehicle leasing and financing. |
Key management Mr. Sudarshan Venu, Managing Director; Mr. Venu Srinivasan, Chairman Emeritus and MD; Mr. K N Radhakrishnan, CEO. |
Our journey and innovations From a joint venture with Suzuki in 1982 to independent innovation including electric scooters and premium motorcycles, steadily expanding globally. |
Where we operate Manufacturing in India and Indonesia; sales across India, Southeast Asia, Latin America, Middle East, Africa, Europe, and North America. |
Top products or what we offer Flagship motorcycles Apache series, scooters like Jupiter and NTORQ, electric scooters iQube, and three-wheelers King EV max. |
Top brands Apache (premium motorcycles), Jupiter (market-leading scooter), iQube (electric scooter), TVS King (three-wheeler, India’s leading), Norton (premium British motorcycles). |
Raw materials needed Steel, aluminum, plastics, rubber, electronic components, lithium-ion batteries for EVs. |
Raw materials supplier Global supplier base including domestic steel and alloy producers, as well as international battery and component manufacturers. |
Recurring vs cyclical contribution Revenue largely cyclical with strong recurring demand in two-wheeler sales; financial services provide recurring income streams. |
Our industry position Among top 3 two-wheeler makers in India with high growth in EV segment and strong export market penetration. |
Financial highlights ₹44,089 crore revenue and ₹2,236 crore net profit for FY 2024-25 with 14% revenue growth and record sales of 4.74 million vehicles. |
Geographical revenue split Approximately 79% domestic and 21% exports in FY 2024-25. |
Order book Not specifically disclosed; broad growth in international markets and expanding production capacity. |
Whats driving growth Domestic demand recovery, electric vehicle adoption, product innovations, and expanding presence in emerging global markets. |
Our future plans Launch new flagship models, expand EV offerings, deepen geographic footprint notably in MENA and Europe, and acquire strategic mobility firms. |
Our green promise Focus on sustainable mobility solutions, renewable energy use, improved safety standards, and extensive CSR through Srinivasan Services Trust. |
Our people and values Around 12,000 employees emphasizing ethics, inclusion with 17% women in blue-collar roles and continual leadership development. |
Key challenges ahead Geopolitical uncertainties, raw material cost fluctuations, supply chain disruptions, and EV market competition. |
Interesting facts First Indian two-wheeler maker to receive TPM Advanced Special Award for all manufacturing plants; racing success with TVS Racing. |
Risks and strategy Mitigates risks via diversified supply chains, continuous innovation, robust governance, and strategic international partnerships. |
