Tvs Automobile Solutions Ltd

TVS Automobile Solutions Limited (TVS ASL), a part of the $6 Bn TVS Group, is one of India’s largest players in automobile aftermarket offerings. Formed in 2011, as a subsidiary of TVS & Sons, TVS ASL 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 and the subcontinent by 2017. TASL has taken private equity participation from Kitara Capital, Mauritius, the investment arm of Umesh Khimji belonging to Ramdas Khimji of Oman. About TVS ASL: 2 International Joint Ventures - 4 Indian Joint Ventures - 1 Indian Subsidiary - International partners for sourcing and technology - Authorized service provider for leading automobile OEMs & insurance companies Bouquet of services include the following: 1. Multi brand car service 2. 24x7 Emergency Roadside Assistance 3. Extended Warranty Management 4. Telematics 5. Service tools and consumables 6. Insurance Broking 7. Customer touch points through petrol stations 8. Commercial Vehicle Service Leveraging on the expertise in the automobile aftermarket, TVS ASL, in 2014, expanded into international geographies by taking up servicing of commercial vehicles in the Middle East. Joint Ventures: The international joint ventures are with Myers Tire Supply for the Service Tools & Consumables business and The Warranty Group for Extended Warranty Management. With a strong presence of All Car Service workshops in South India, from 2012, joint ventures with Rajgarhia Group (Kolkata), ABC Bearings (Gujarat), Focuz Group (Kerala) and NCR Vehicles (Delhi) have helped the company foray into the Eastern, Western and Northern markets and establish a Pan Indian network.