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The reason is that most regions in India are either suburban or rural. These places have not improperly developed roads that do not facilitate driving of large four-wheeled vehicles. However, motorbikes do not usually have problems in the running over such ways. Another reason is that motorcycles have better fuel efficiency than big cars. The increasing cost of petrol and diesel is furthermore discouraging the potential car buyers. Venu Srinivasan bags Deming award in Tokyo.
By Express News Service NEW DELHI: Venu Srinivasan, chairman of TVS Motor Company and Sundaram Clayton, was conferred with the prestigious Deming ‘Distinguished Service Award For Dissemination and Promotion Overseas’, at a ceremony held in Tokyo on Wednesday.
Srinivasan becomes the first industrialist from India to get this award for his contributions in the field of Total Quality Management (TQM). “This stands as a testament for me and all my colleagues and associates who have worked hard to implement TQM at our firms since 1989...Our relentless efforts for the past three decades of pursuing supreme quality and excellence to customer satisfaction has borne rich dividends for us.
Today, our products and processes are synonymous with quality in over 60 countries across the globe,” Srinivasan said. Venu Srinivasan Receives Deming Distinguished Service Award. View Photos TVS Chairman Venu Srinivasan with the 'Distinguished Service Award.
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This is in line with the company’s continuous endeavor to ensure prosperous and sustainable communities. It is in addition to the ongoing activities being already undertaken through Srinivasan Services Trust, the CSR arm of the group. “The COVID-19 pandemic marks an unprecedented time in modern history and it will require the best of humanity to overcome the battle. We applaud the Govt’s strong resolve and numerous actions to fight this. Mr. Venu Srinivasan conferred with Deming ‘Distinguished Service Award for Dissemination and Promotion Overseas’ Tokyo: Mr.
Venu Srinivasan, Chairman of TVS Motor Company and Sundaram Clayton, was conferred with the prestigious Deming ‘Distinguished Service Award For Dissemination and Promotion Overseas’, at a ceremony held in Tokyo, today. Mr. Venu Srinivasan becomes the First Industrialist from India to be bestowed this prestigious award for his contributions in the field of Total Quality Management (TQM). The Deming Prize is the highest award for TQM in the world. Deming ‘Distinguished Service Award for Dissemination and Promotion Overseas’ is given to individuals who have made outstanding contributions in the dissemination and promotion of Total Quality Management (TQM) and is sponsored by Japanese Union of Scientists and Engineers (JUSE).
Accepting the award, Mr. He further added, “This journey has been a fruitful one and we will continue to Institutionalize TQM as a way of life. As the past President of CII and Chairman of National Committee for Quality, Mr. Mr. In the year 1996, Mr. Mr. Checkout TVS XL new launched TVS XL100-Comfort-i-TOUCHstart BSVI. TVS looking to ride on lower costs for better and sustained growth. At a time when volumes are under pressure, TVS Motor is looking at increasing its margin to double-digit levels from 8.8 per cent it reported in the third quarter of financial year 2019-20 (Q3FY20).
The company’s gross margins hit a 13-quarter high of 27.8 per cent in Q3FY20. This came on the back of lower commodity prices, reduction in material costs (60-70 basis points quarter-on-quarter), cost-cutting, and higher localisation. However, this was partially offset by higher other expenses at 13.3 per cent. To achieve its target, the firm has put in place a series of initiatives like reducing import content, increasing exports, and improving product mix, among others. TVS Motor will have a portfolio of EVs: Sudarshan Venu. TVS Motor Company sees a bright future for electric two-wheelers in India.
So the country’s third largest two-wheeler company, by volume, has jumped onto the battery-operated scooter bandwagon with the introduction of iQube, a connected automatic scooter. The launch marks the entry of yet another established two-wheeler maker in a domain that has only seen the entry of numerous small players and start-ups.
Sudarshan Venu, Joint Managing Director, TVS Motor, discussed the company’s product plan, technology and its expansion in the EV market in Bengaluru on Saturday. Excerpts: How do you say iQube is the most connected electric scooter in India? Our electric scooter has 58 features that include geo-fencing, remote battery charge status, navigation assistance, etc. With SmartXonnect, iQube’s processing speed is 2.5 times faster than a laptop. Who will be your key target customers? We think electric vehicles are important for the future. TVS Scooty Pep Plus Features, Specification, Price & Mileage. MO Trader: Trading App for Shares, Forex, NSE, BSE – Applications sur Google Play.
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