Professional Documents
Culture Documents
Accounts Ca2 Tvs
Accounts Ca2 Tvs
Accounts Ca2 Tvs
Evaluation Parameters:
Learning Outcomes:)
Declaration:
I declare that this Assignment is my individual work. I have not copied it from any other
student’s work or from any other source except where due acknowledgement is made explicitly
in the text, nor has any part been written for me by any other person.
Student’s Signature:
CHETHAN S N
1|Page
TVS MOTORS
CONTENTS
1. INTRODUCTION
2.
2|Page
TVS MOTORS
INTRODUCTION
TVS Group is the third largest two-wheeler manufacturer in India. The company
manufactures a wide range of two-wheelers from mopeds to racing inspired motorcycles. The
company also manufactures three-wheelers. The company has an annual production capacity of 4
million 2 wheelers & 120000 three wheelers. It is one of the leading two-wheeler and three-
wheeler exporters from India distributing to over 60 countries. The company has manufacturing
plants located at Hosur in Tamil Nadu Mysore in Karnataka and Nalagarh in Himachal Pradesh.
It also has one manufacturing unit located at Karawang in Indonesia.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.
On 28 June 2017 TVS Motor Company announced its partnership with Abans Auto a leading
distributor in Sri Lanka. Through this tie-up TVS King the 200 cc passenger three-wheeler will
3|Page
TVS MOTORS
be launched in the Sri Lankan market. As a part of the agreement TVS Motor Company will
leverage Abans Auto's network of over 200 showrooms and appointed dealers in strategic
locations around Sri Lanka. Furthermore Abans Finance will provide finance schemes to the
customers of TVS Motor Company at affordable rates.On 26 September 2017 TVS Motor
Company announced that its popular scooter brand TVS Jupiter has clocked sales of 2 million
units within 4 years of its launch. On 6 December 2017 TVS Motor Company announced the
launch of TVS Apache RR 310. The motorcycle marks TVS Motor Company's entry into the
super-premium segment both in domestic and international markets.On 5 February 2018 TVS
Motor Company announced its foray in the 125cc scooter segment with the launch of TVS
NTORQ 125. Designed for the youth TVS NTORQ 125 has been developed based on the TVS
Racing pedigree and comes with the state-of-the-art CVTi-REVV 3 Valve engine. The scooter
also marks the launch of an exclusive technology platform - TVS SmartXonnect - making it
India's first connected scooter.
On 14 March 2018 TVS Motor Company launched the new 2018 TVS Apache RTR 160 4V. A
testimony to the racing legacy of the TVS Apache RTR series the new TVS Apache RTR 160 4V
is the most powerful 160cc motorcycle creating a new benchmark in the segment. On 23 August
2018 TVS Motor Company launched a new 110cc commuter motorcycle - TVS Radeon. On 10
September 2018 TVS Motor Company announced that its premium motorcycle brand TVS
Apache has crossed a key sales milestone of 3 million units. On 18 September 2018 TVS Motor
Company announced that its 125cc scooter offering TVS NTORQ 125 has crossed the 1 lakh
sales mark. On 19 September 2018 TVS Motor Company announced its association with leading
distributer in the Mexican region Torino Motors a subsidiary of Groupo Autofin. In the first year
of the association Torino Motors will work with TVS Motor Company to open 40 exclusive
stores in the country for the distribution of two-wheelers. With over 40 years of experience in the
region Torino Motors specialises in automobile and retail finance.
4|Page
TVS MOTORS
5|Page
TVS MOTORS
COMPETITORS
1. BAJAJ AUTO:Bajaj Auto manufactures and sells motorcycles, scooters and auto
rickshaws.Bajaj Auto is a Public company. Bajaj Auto generates $533.8K in revenue per
employee Bajaj Auto's top competitor is TVS , led by K N Radhakrishnan, who is their
President & CEO.
7|Page
TVS MOTORS
1. PROFITABILITY RATIO:
9|Page
TVS MOTORS
10 | P a g e
TVS MOTORS
11 | P a g e