Full Form of TVS | TVS Full Form | What is TVS | About TVS
Full Form of TVS is Thirukkurungudi Vengaram Sundram: TVS stands for Thirukkurungudi Vengaram Sundram. Thirukkurungudi Vengaram Sundram Iyengar was the founding father of the TVS group. therefore the name TVS comes from his initial name Thirukkurungudi Vengaram Sundram.
TVS is one of the biggest manufacturers of motorcycles, mopeds and auto rickshaws in India. TVS is headquartered in Chennai. it’s conjointly listed in NSE and bse.T.V.S Iyengar started an organization T.V. Sundram Iyengar and Sons limited, in 1911 to operate bus service within the town of Madurai. He operated lots number of buses and Lorries underneath the name of Southern Roadways limited. TVS was named as the most awarder 2 wheeler manufacturer by the NDTV car and bike awards. It’s awarded number 1bike in quality at the JD Power Asia Pacific India Automotive Awards.
TVS Motor Company the third largest two-wheeler manufacturer in India, with a revenue of over thirteen thousand Cr ($2 billion) in 2016-17. It’sthe flagship company of the Rs. 40,000 Cr ($6 billion, in 2014-15) TVS group. the corporate has an annual sales of three million units and an annual capability of over four million vehicles. TVS Motor Company is additionally the 2dlargest businessperson in Republic of India with exports to over sixty Countries. TVS Motor Company Ltd (TVS Motor), member of the TVS cluster, is that the largest company of the cluster in terms of size and turnover, with quite three crore (30 million) customers riding a TVS bike. Full Form of TVS….
TVS was established by Mr TV Sundaram Iyengar. He began with Old Delhi 1st bus company in 1911 and based T.V. Sundaram Iyengar and Sons restricted, a corporation within the transportation business with an outsized fleet of trucks and buses underneath the name of Southern Roadways restricted. once he died in 1955, his sons took the corporate ahead with many forays within the automobile sector, as well as finance, insurance, two-wheelers/ 3wheelers, tyres and elements, housing, aviation, supply etc. The cluster has managed to run ninety seven corporations that account for a combined turnover of nearly US$6 billion.
Sundaram Clayton was based in 1962 unitedly with Clayton Dewandre Holdings, UK. It factory-made brakes, exhausts, compressors and varied alternative automotive elements. the corporate discovered a plant at Hosur in 1978, to manufacture mopeds as a part of their new division. In 1980, TVS 50, India’s 1st car minibike unrolled of the manufacturing plant at Hosur in Tamil Nadu, Southern India. A technical collaboration with the japanese automobile large Suzuki Ltd. resulted within the joint-venture between Sundaram Clayton Ltd and Suzuki Motor Corporation, in 1982. industrial production of motorcycles began in 1984.
TVS and Suzuki shared a 19-year-long relationship that was geared toward technology transfer, to change style and manufacture of two-wheelers specifically for the Indian market. Re-christened TVS-Suzuki, the corporate brought out many models like the Suzuki above, Suzuki Samurai, Suzuki potentate and Suzuki Shaolin. In 2001, once separating ways in which with Suzuki, the corporate was renamed TVS Motor, relinquishing its rights to use the Suzuki name. There was conjointly a 30-month moratorium amount throughout that Suzuki secure to not enter the Indian market with competitive two-wheelers.