TVS Motor Company is one of India's largest two and three-wheeler manufacturers. Founded in 1978 as a part of Sundaram Clayton, the company started out by manufacturing mopeds, launching the XL 50 moped in 1980. TVS then collaborated with Japanese motorcycle giants Suzuki in 1982 for technological development and support. The joint-venture resulted in the production of popular motorcycles such as the Suzuki Samurai, Shogun, AX100, and Fiero.
In 1994, the company launched the Scooty, India's first indigenously-developed scooterette. TVS parted ways with Suzuki in 2001. TVS operates in over 50 countries in Asia, Africa and Latin America, with four manufacturing units in India and Indonesia, and one under construction in Uganda. The company is now the fourth largest two-wheeler manufacturer in India, with an annual turnover of US$ 1.1 billion in 2012.