TVS Motor Company is part of Sundaram Clayton group in TVS group of companies and was founded by T. V. Sundaram Iyengar in 1911. TVS Motor Company is the main flag ship company of Sundaram Clayton group. TV Sundaram Iyengar and Sons Limited (TVS) manufactures almost all kinds of automotive components, two wheelers and a few other industrial products. They are also into the financial services sector.
In 1979 Sundaram-Clayton Limited (SCL) started Moped Division to manufacture TVS 50cc mopeds indigenously designed and developed. In 1982 SCL established Joint Venture with Suzuki Motor Corporation but later in 2001 snapped ties with Suzuki to become independent. In 1994 the company entered the market segment of scooters with the introduction of Scooty 2S and later in 2000 the first 4 stroke motorcycle was launched with Fiero. Subsequently the indigenous product “Victor” was added to the production line and launched with great popularity in the country. This success further pushed the introduction of new models every year and succeeded in launching variants of Victor, Fiero & new products like Centra & Star.
The TVS group of companies is mainly situated in Padi, the outskirts of Chennai. TVS Motors now successfully establishes the presence in each segment of two wheelers. It is the only automotive manufacturer in India to get the prestigious Deming Prize in recognition of its distinctive performance improvement through the application of TQM.