tvs motor company
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company profileTRANSCRIPT
TVS Motor Company is the third largest two-wheeler manufacturer in India and one among the top ten in the world, with annual revenue of more than Rs. 10,131 Cr in 2014-15 (around USD 1.6 billion), and is the flagship company of the, USD 7.29 billion in 2013-14, TVS Group. The company has a production capacity of 3 million 2 wheelers & 1.2 Lakh 3 wheelers a year.
TVS Group spans across industries like Automobile, Aviation, Education, Electronics, Energy, Finance, Housing, Insurance, Investment, Logistics, Service, textiles.
Has over 90 Companies under the umbrella.
TVS Motor Company Ltd (TVS Motor), member of the TVS group, is the largest company of the group in terms of size and turnover.
A Vehicle for Everyone
TVS Motor currently manufactures a wide range of two-wheelers. Take your pick from mopeds to racing inspired motorcycles. Motorcycles (Apache Series RTR, Phoenix 125, StaR City+, Sport, Max4R) Scooters (Jupiter, Wego, Scooty Zest 110, Scooty Streak, Scooty Pep +) Mopeds (TVS XL Super, TVS XL Heavy Duty)
Manufacturing Locations
The company has four manufacturing plants, three located in India (Hosur, Tamil Nadu and Mysore, Karnataka and Nalagarh, Himachal Pradesh) and one in Indonesia (Karawang).
Innovation at the Helm
TVS Motor's strength lies in design and development of new products. We at TVS deliver total customer satisfaction by anticipating customer need and presenting quality vehicles at the right time and at the right price. The customer and his ever changing need is our continuous source of inspiration. We have proved time and again that this sense of responsiveness along with a penchant for quality is a winning formula. The company has many firsts to its credit including the fact that we launched seven vehicles on the same day - a rare feat in Automotive history.
Inspiring Millions of Smiles
TVS has always stood for innovative, easy-to-handle, and environment-friendly products, backed by reliable customer service.More than 28 million customers have bought a TVS product to date. Innovative, easy to handle, environment-friendly and backed by reliable customer service, TVS products give you only reasons to smile!
TVS Motor Company - Mission
We are committed to being a highly profitable, socially responsible, and leading manufacturer of high value for money, environmentally friendly, lifetime personal transportation products under the TVS brand, for customers predominantly in Asian markets and to provide fulfilment and prosperity for employees, dealers and suppliers.
Vision Statement
Driven by the customer
TVS Motor will be responsive to customer requirements consonant with its core competence and profitability. TVS Motor will provide total customer satisfaction by giving the customer the right product, at the right price, at the right time.
The Industry Leader
TVS Motor will be one among the top two two-wheeler manufacturers in India and one among the top five two-wheeler manufacturers in Asia.
Global overview
TVS Motor will have profitable operations overseas especially in Asian markets, capitalizing on the expertise developed in the areas of manufacturing, technology and marketing. The thrust will be to achieve a significant share for international business in the total turnover.
At the cutting edge
TVS Motor will hone and sustain its cutting edge of technology by constant benchmarking against international leaders.
Committed to Total Quality
TVS Motor is committed to achieving a self-reviewing organization in perpetuity by adopting TQM as a way of life. TVS Motor believes in the importance of the process. People and projects will be evaluated both by their end results and the process adopted.
The Human Factor
TVS Motor believes that people make an organization and that its well-being is dependent on the commitment and growth of its people. There will be a sustained effort through systematic training and planning career growth to develop employees talents and enhance job satisfaction. TVS Motor will create an enabling ambience where the maximum self-actualisation of every employee is achieved. TVS Motor will support and encourage the process of self-renewal in all its employees and nurture their sense of self worth.
Responsible Corporate Citizen
TVS Motor firmly believes in the integration of Safety, Health and Environmental aspects with all business activities and ensure protection of employees and environment including development of surrounding communities. TVS Motor strives for long-term relationships of mutual trust and interdependence with its customers, employees, dealers and suppliers.
HERITAGE
A Century of Quality & Trust
The TVS group, right from its inception, believed in its destiny of growth, success and longevity. The method and integrity of conducting business is what sets TVS apart from the rest.
The company was born in 1911, thanks to the ambitious dreams of the founding father, T V Sundaram lyengar, who refused to settle managing smaller businesses like bus fleet operations or vehicle servicing. He wanted to build a business that would create a family of like-minded individuals pursuing only the best in quality and standards. And he made his dreams a reality.
The success of the TVS group is rooted in their founder's personal belief system - commitment to the values of trust and customer service. In fact, although the company is named after the founder, the letters TVS have always stood for Trust, Value, and Service within the company.
This remains the guiding, overarching philosophy by which the group functions. It was only natural that success and market leadership followed. Today, the TVS group is one of India's leading suppliers of automotive components, with a work force of 40,000 people across 30 companies with an annual turnover of USD 7.29 billion. The first four companies in India to have won the coveted Deming Prize are from the TVS group.
MANUFACTURING EXCELLENCE
Driven by the Five Pillars of TQMThe management philosophy is based on five pillars of TQM (Total Quality Management) - Management Commitment, Customer Focus, Quality Costs, Quality Systems and Continuous Improvement - which rests on the foundation of Total Employee Involvement Program, Daily Management and Kaizen.
The Total Employee Involvement Program:The Total Employee Involvement program ensures that responsibility for the company's performance is the shared responsibility of employees at all levels. It provides the employees with the opportunity to be involved in breakthrough activities and other improvements, over and above their daily routine.
Daily work managementDaily work management consists of defining and monitoring key processes, ensuring that they meet set targets, detecting abnormalities and preventing their recurrence. TVS Motor encourages continuous improvement in all aspects of work, using Cross Functional Teams (CFT), Supervisory Improvement Teams (SIT) Quality Control Circles (QCC) and suggestion schemes.
What about Kaizen?The five pillars start with policy management, which is used to arrive at the annual breakthrough objectives. There are generally not more than three company objectives, arrived at after a detailed exercise, which are deployed and reviewed periodically.
The company conducts an exhaustive range of training programs, utilising both in-house skills and consultants from all over the world. The programs are conducted for all employees, at all levels.
International Business
TVS Motor Company is the Second largest two-wheeler export manufacturer from India and one among the top ten in the world, with annual revenue of more than Rs.10,131 Cr in 2014-15 (around USD 1.6 billion), and is the flagship company of the, USD 7.29 billion in 2013-14, TVS Group. The company has a production capacity of 3 million 2 wheelers & 1.2 Lakh 3 wheelers a year.A bike for anyone
TVS Motor currently manufactures a wide range of two-wheelers from mopeds to racing inspired motorcycles.
BOARD OF DIRECTORS
Venu SrinivasanChairman & Managing Director
Sudarshan VenuJoint Managing Director
H. LakshmananDirector
T. KannanDirector
C.R. DuaDirector
R. RamakrishnanDirector
Prince AsirvathamDirector
Hemant Krishan SinghDirector
Dr. Lakshmi VenuDirector
KEY MANAGERIAL AND SENIOR MANAGEMENT PERSONNEL
K N Radhakrishnan- President & Chief Executive Officer
S G Murali- Chief Financial Officer
Harne Vinay Chandrakant- President – NPI
Company Secretary- K.S. Srinivasan
AWARDS
Most Appealing Premium Motorcycle
TVS Apache is the most Appealing Premium Motorcycle as awarded by J.D.Power Asia Pacific. Read more
Best Executive Scooter
TVS Wego 110 was named the Best Executive Scooter of 2015 by J.D.Power Asia Pacific. Read more
Most Appealing Premium Motorcycle
TVS Sport has been named the Most Appealing Premium Motorcycle of 2015 by J.D.Power Asia Pacific. Read more
Two Wheeler Manufacturer of the Year
TVS Motor Company was names the Two Wheeler Manufacturer of the Year by NDTV Car and Bike awards 2015.
Most Trusted Brand
TVS is India's most trusted brand in the 2 wheeler category
CII ITC Sustainability Awards 2012
TVS Motor Company Ltd is a winner of the CII ITC Sustainability Awards 2012, Certificate of Commendation for Significant Achievement.
Exports
TVS Motor Company has been awarded 'Star Performer - Silver Shield' in two/three wheelers category, by EEPC India, for excellent export performance for year 2007-08.
Leadership
Star of Asia Award to Mr. Venu Srinivasan, CMD TVS Motor Company by Business Week International. He was also honoured with Doctorate in Science by University of Warwick, United Kingdom.Mr Venu Srinivasan was conferred with the prestigious JRD Tata Corporate Leadership Award for the year 2004.
Engineering
The Deming Prize - TVS Motor Company is the only two-wheeler company in the world to be awarded the world's most prestigious and coveted recognition in Total Quality Management
Technology Award 2002 from Ministry of Science, Government of India for the successful commercialization of indigenous technology for TVS Victor
Asian Network for Quality Award 2004 - TVS Scooty Pep won the prestigious 'Outstanding Design Excellence Award' from Business World and National Institute of Design
Progressive Manufacturer 100 Award - TVS wins coveted 2009 Progressive Manufacturer 100 Award for end-to-end automation of the entire business process of its lubricant brand, TVS TRU4 See full report
TPM Excellence Award 2008 - First category by Japan Institute of Plant Maintenance.
MANAGEMENT
Emerging Corporate Giant in the Private Sector awarded by The Economic Times and the Harvard Business School Association of India.
Best Managed Company award from Business Today, one of India's leading business magazines.
Most Investor friendly company by Business Today, one of India's leading business
The 'Good Advertising' award by Auto India Best Brand Awards 2009.
SAP ACE AWARD 2007 - The company won the SAP ACE 2007 Award for Customer Excellence in the Most Innovative Netweaver Category.
TEAM TECH 2007 Award - TVS Motor Company bags TEAM TECH 2007 Award of Excellence for Integrated use of Computer Aided Engineering Technologies