Formed in 2011, as a subsidiary of TVS & Sons, TASPL is uniquely positioned to grow from strength to strength in the automobile industry, leveraging on the synergy between its lines of business. It aims to establish itself as the largest automobile aftermarket service provider in India. TASPL has taken a private equity participation from Kitara Capital, Mauritius in 2011. With this private equity infusion, TASPL looks to expand its network directly and through joint ventures.
The Warranty Group is a leading service contract provider for warranty management, compliance, insurance and underwriting in consumer electronics, automotive and credit card enhancements. The joint venture offers Extended Warranty Management to OEMs and Used Car businesses.
Myers Tire Supply- a division of Myers Industries Inc - headquartered at Akron, Ohio, is in the business for over 75 years and is the largest USA and global distributor of tools, equipment and supplies to tire, wheel and undercar service professionals.
TVS Auto Assist: The Roadside Assistance Business of TASPL was hived off into a separate entity and christened as TVS Auto Assist India Limited (TVS AA) in association with The Automobile Association, UK (AA PLC, UK), one of the most Trusted Brands of United Kingdom.
TVS AA provides 24x7 Roadside Assistance to its Customers, operating in Business to Business (B2B) and Business to Consumer (B2C) models. Service is rendered through its 24x7 multi-lingual Call Centres, Own Patrol and Authorized Service Providers. It commands one of the largest networks in India.
TVS was established in 1911 by Shri. T V Sundram Iyengar as a trading company. It has now become India's largest industrial house. Today, there are over 50 companies in TVS Group, employing more than 50,000 people worldwide and with a turnover in excess of USD 6 billion.
With steady growth, expansion and diversification, TVS commands a strong presence in manufacturing of two-wheelers, three-wheelers, auto components, distribution of heavy commercial vehicles, passenger cars, construction equipment, products for special application, parts for after-market, logistics, computer peripherals, finance and insurance.
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G Srinivasa Raghavan
The Warranty Group
All Car Service
Information Technology & Digital Strategy
M.K. Rama Krishna
Legal & Secretarial