TVS bike longform?
which year he launched World wide?
Answers
Answer:
TVS Motor Company Limited (TVS) is an Indian multinational motorcycle company headquartered at Chennai, India. It is the third largest motorcycle company in India with a revenue of over ₹20,000 crore (US$2.8 billion) in 2018–19. The company has an annual sales of 3 million units and an annual capacity of over 4 million vehicles. TVS Motor Company is also the 2nd largest two wheeler exporter in India with exports to over 60 countries.
Type
Public
Traded as
BSE: 532343
NSE: TVSMOTOR
Industry
Automotive
Founded
1978; 43 years ago
Founder
T. V. Sundaram Iyengar
Headquarters
Chennai, Tamil Nadu, India
Number of locations
4 two wheeler and 1 three wheeler plants
Area served
Worldwide
Key people
Venu Srinivasan
(Chairman & Managing Director)
Sudarshan Venu
(Joint Managing Director)
Products
Two-wheeler
Three-wheeler
Automobile parts
Services
Vehicle service
Revenue
Decrease ₹18,901 crore (US$2.6 billion) (2020)[1]
Operating income
Decrease ₹1,728 crore (US$240 million) (2020)[1]
Net income
Decrease ₹655 crore (US$92 million) (2020)[1]
Total assets
Increase ₹19,280 crore (US$2.7 billion) (2020)[1]
Total equity
Increase ₹3,234 crore (US$450 million) (2020)[1]
Number of employees
5,133 (2020)[1]
Parent
Sundaram - Clayton Limited (57.40%)
Subsidiaries
Norton Motorcycle Company
Answer:
long from - 1979
launched in - 1992
Explanation:
In the year 1979 TVS Group company Sundaram-Clayton Ltd started Moped Division at Hosur to manufacture TVS 50 mopeds. In the year 1982 the company entered into a technical know-how and assistance agreement with Suzuki Motor Co Ltd of Japan and in the year 1985 they incorporated a new company Lakshmi Auto Components Pvt Ltd for the manufacture of critical engines and transmission parts.In the year 1986 the company acquired the assets of the moped division from Sundaram Clayton Ltd. Also the name of the company was changed from Indo Suzuki Motorcycles Ltd to TVS Suzuki Ltd. In the year 1992 they launched two modes of motor cycles namely Samurai and Shogun and in the year 1993 they launched TVS Scooty.During 1999-2000 TVS Suzuki Ltd was amalgamated with Sundaram Auto Engineers Ltd an unlisted group company which was incorporated in the year 1992. As per the scheme all the assets and liabilities of erstwhile TVS Suzuki Ltd together with all obligations and contingent liabilities were vested in Sundaram Auto Engineers (India) Ltd with effect from April 22 1999. This merged entity was later renamed TVS Suzuki Ltd.The TVS group and Suzuki Motor Corporation parted ways from their 15-year-old joint venture on September 27 2001. The shares held by the Suzuki Motor Corporation were acquired by Anusha Investments Ltd a wholly owned subsidiary of Sundaram-Clayton Ltd for Rs 9 crore. Thus the company became a subsidiary of Sundaram-Clayton Ltd with effect from November 15 2001. Since Suzuki Motor Corporation ceased to be a shareholder of the company the company cannot use the word 'Suzuki' as the part of their name and hence the name of the company was changed to TVS Motor Company Ltd. During the year 2002-03 the new stylish TVS Scooty Pep and the upgraded version of Fiero was launched in the market. In April 1 2003 the subsidiary company namely Lakshmi Auto Components Ltd acquired the entire paid up capital of Sundaram Auto Components Ltd. Consequently Sundaram Auto Components Ltd became a subsidiary company with effect from April 1 2003.In October 2003 the company entered into a scheme of arrangement with Lakshmi Auto Components Ltd and Sundaram Auto Components Ltd.