Statement on World Environment Day (TVS Motor Company)

Further to World Environment Day tomorrow, please find appended a statement for your perusal. Kindly attribute the statement to TVS Motor Company spokesperson.

"With a population of over 1.34 billion, India needs a well-integrated and transformative mobility system that is equitable, affordable as well as efficient and sustainable. As a responsible manufacturer, TVS Motor Company is committed to create green mobility by developing suitable technology, products, and business solutions. It is our endeavour to not only delight our customers with best-in-class product offerings but also ensure sustainability across all our operations. Over the last 20 years, we have been tirelessly working towards implementing best practices to eliminate any impact on environment in our manufacturing processes, supply chain, dealers. Some of the energy conservation measures that the company is progressively undertaking development of technologies including alternative materials, weight reduction, cost reduction, and improvement of fuel economy; development of new technologies in the areas of Hybrid and Electric power trains. The company has also been at forefront of introducing alternate mobility options by offering cleaner, greener sustainable future mobility solution. TVS Motor Company recently launched electric scooter - TVS iQube Electric and ethanol based TVS Apache RTR 200 Fi E100. At our manufacturing units, we have consciously set aside and developed one-third of the area outside each of our factory buildings as green cover to restore biodiversity in these habitats. In all, 18 farm ponds support 418 species of birds, animals, and insects along with approximately 81,000 trees around the factories and 16,375 hectares under watershed management. As many as 443 species of vegetation thrive around the factories.

Srinivasan Services Trust (SST), the social arm of TVS Motor Company, is also creating awareness about the challenges of climate change in rural communities, teaching farmers better methods of drip irrigation to save water, encouraging planting of trees in denuded patches, teaching households in villages about waste segregation and better sewage disposal. The Trust works at grassroot level to create awareness and promote change as progress can only be sustained when the development process touches key aspects of everyone's life."