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TVS SCS wins UK defence ministry contract for supplying Land Rover spares

Indian company will support the availability and upkeep of the military vehicle

TVS Industrial and Logistics on aggressive expansion plan in 30 more cities

The TVS Industrial and Logistics Park (ILP) has drawn up plans to strengthen footprint in 30 more cities by 2027, a top official said on Saturday. The company currently has presence in 11 locations across the country. The TVS ILP would be investing about Rs 1,500 crore under its expansion drive, chief operating officer R Manikandan told reporters. As part of is expansion plans, he said five of the warehouses would be in Tamil Nadu including one in Coimbatore. The company was working on various projects in Vijayawada, Vishakapatnam, Guwahati, Siliguri, Ranchi and Raipur among others. The plan is to have a warehousing solution in every 400 km across the country, he said. With 35 per cent year on year growth, the company aims to reach a contracted revenue of USD 750 million, he said. Tamil Nadu being the major market for the company with 50 per cent share, the company was eyeing eastern parts of the country to establish warehousing facilities, he said. Talks are on with various .

myTVS to set up centres in 3 Asia Pacific nations for overseas foray

Vehicle service provider is present across India through around 25,000 garages and 1,100 outlets

Customs duty cut, I-T slab rejig to boost consumer durable stocks: Analysts

With revised customs duty across consumer electronics' manufacturers, analysts believe this measure would reduce costs for manufacturing mobile phones, TV panels, and kitchen chimneys

TVS Motor Company's vehicle sales rise 3% to 275,115 units in January

TVS Motor Company on Wednesday said its vehicle sales grew 3 per cent in the domestic market at 2,75,115 units in January. The company posted its vehicle sales at 2,66,788 units in the year-ago period. Its total two-wheeler sales registered a growth of 4 per cent at 2,64,710 units in January from 2,54,139 units last year, aided by a 29 per cent growth in the domestic two-wheeler sales, which stood at 2,16,471 units in the reporting month, the company said in a statement. In the two-wheeler sales, motorcycle sales volume dropped 12 per cent at 1,21,042 units in the previous month as against 1,37,630 units in 2022. Scooter sales, however, was up 32 per cent at 1,06,537 units during the month under review from 80,580 units last year, TVS said. The electric scooter iQube recorded its highest-ever sales of 12,169 units last month as against sales of 1,529 units in January 2022, according to the company. The total sales in the overseas market reported a sharp declined of 42 per cent ..

TVS Credit posts 75% rise in Q3; net profit rises to Rs 97.97 crore

The company's total income for the quarter under review was also up by 51 per cent to Rs 1,094.13 crore, as against Rs 723.6 crore during the third quarter of the previous financial year

Auto aftermarket firm myTVS raises Rs 203 cr in funding from Lingotto

Company earlier got Rs 487 cr from Castrol India for business and technology collaborations

TVS SCS extends contract with Dennis Eagle for UK aftermarket services

UK-based refuse truck manufacturer needed services for supplier management, stocking and sourcing

TVS Supply Chain Solutions secures new five-year contract from Dennis Eagle

TVS Supply Chain Solutions on Wednesday said it has secured a fresh five-year contract from UK-based Dennis Eagle for aftermarket services. Dennis Eagle manufactures vehicles for the collection of waste and its transportation to a waste disposal site. Through the extension of the contract, TVS Supply Chain Solutions' UK division will continue to add value in their aftermarket service and supply of spare parts to Dennis Eagle. "Our strong relationship with Dennis Eagle, over the last 16 years, and the extension of this contract demonstrates our commitment to aligning with our customer's business needs through operational efficiency, and a collaboration-based approach," TVS Supply Chain Solutions Managing Director Ravi Viswanathan said in a statement. TVS Supply Chain Solutions UK, part of TVS Mobility group, provides various services like product data management; sourcing; purchasing and supplier management to Dennis Eagle.

Auto component firm Sundram Fasteners posts 6% dip in Q2 net profit

Board approves amalgamation of Sunfast TVS and TVS Engineering with Sundram Fasteners

Global financial crisis not to hit India's logistics sector: TVS SCS

Firm's CEO K Sukumar indicates that the rise in domestic consumption and growth in end-user industries has insulated the sector from the meltdown

TVS Motor Company roars past Hero MotoCorp in market capitalisation

TVS has seen the highest earnings upgrades among auto makers over the last few months

TVS Emerald to come up with five new projects in Chennai, Bengaluru

Combined revenue potential of the projects is Rs 1,000 cr; firm eyes 3.5x surge in area uder development to 25 mn sq ft in next 4-5 years

India at 75: These pre-independence companies thrived in independent India

These companies that operated under the constraints of British rule before 1947 helped India become self-sufficient in various sectors after independence

TVS Supply Chain Solutions appoints Tarun Khanna as independent director

TVS Supply Chain Solutions, part of the TVS Mobility Group on Thursday said Tarun Khanna as been appointed as an independent director to its Board. With the appointment of Khanna, the strength of the city-based company's Board grew to 11 of which four were independent directors. "I am delighted to welcome Tarun to our Board as we prepare to go public. He brings deep understanding and knowledge of how entrepreneurship and innovation can be harnessed to build companies of global relevance and scale from emerging economies", TVS Supply Chain Solutions Executive Vice Chairman R Dinesh said in a company statement here. "He has been instrumental in shaping our approach to build a differentiated tech-led supply chain business in the early days and now he joins the board to help us scale faster and further, " he said. Khanna serves several profit and not-for-profit Boards in the United States and in the domestic market. "I am happy to join the Board of TVS SCS and be part of a value-led

The making of a super app: What the myTVS online platform will offer

The myTVS online platform will offer a range of multi-brand services for passenger cars

A taste for success: Chef Sanjeev Kapoor on TV, restaurants, business

A trailblazer, Kapoor tells Akshara Srivastava about reinventing himself in the kitchen

Electric vehicles brace for trial by fire as firms remain optimistic

Between January-June, the eight players registered collectively a total of 212,000 electric scooters

From Jio to TVS, generational change sweeps through India Inc's boardrooms

From rotating chairmanship to handing over firm to professionals, top family businesses have tried different formulae to ensure smooth transition

Aadhar Housing Finance, TVS Supply Chain, others get Sebi's nod for IPOs

As many as five companies, including Aadhar Housing Finance, TVS Supply Chain Solutions and Landmark Cars, have received Sebi's go ahead to raise funds through initial share sales