| Automotive Vehicles & Parts | Two-wheelers (motorcycles, scooters, electric), three-wheelers (passenger and commercial), automotive components | Strong brand legacy, extensive R&D, diverse product portfolio, global manufacturing footprint, dealer network | Primarily B2C (consumers), some B2B commercial buyers, international distributors | Premium motorcycles and electric vehicles | 37471 | 85 | Vehicle sales, service parts, accessories | Volume-based direct sales with dealer network, product variants priced by segment | EV adoption, premium motorcycle segment growth, expanding export markets, product launches | Apache, Jupiter, NTORQ, iQube, TVS King, Norton Motorcycles |
| Financial Services | Vehicle financing, personal loans, digital finance products, gold loans | Affiliate of TVS Motor, integrated customer base, specialised in underserved segments | Primarily B2C, target semi-urban and rural borrowers | Personal and vehicle loan segments | 6618 | 15 | Interest income, financing fees | Interest and fee-based recurring revenue | Rising financing penetration, expansion in rural markets, growing used-vehicle financing | TVS Credit Services |
