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Profile

TVS Srichakra Limited is an Indian manufacturer of two-wheeler and three-wheeler tires and other rubber products. It was founded in 1982 by TV Sundaram Iyengar and Sons Limited (TVS Group). The company has its manufacturing plants in India and has a strong presence in both domestic and international markets.

Over the years, TVS Srichakra has expanded its product portfolio to cater to the growing demand for high-quality tires. The company has also increased its focus on research and development to improve its products and stay ahead of the competition.

As of 2021, TVS Srichakra reported a revenue of INR 8,053 crore and a net profit of INR 442 crore. The major product mix of the company by revenue includes two-wheeler tires, three-wheeler tires, and other rubber products. The company has a strong customer base in India and exports to over 50 countries.

The major growth drivers for the company in the future include the increasing demand for two-wheelers and three-wheelers in emerging markets, increasing urbanization, and the growth of the automobile industry. The company is also focused on expanding its presence in international markets to tap into new opportunities.

The tire industry in India is highly competitive, with several players operating in the market. Some of the direct competitors of TVS Srichakra include MRF, Apollo Tyres, and Bridgestone India.

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