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TVS Shares Jumped 3.4% Higher On Delivering 5 Lakh CKD Kits

The CKD kits cater to TVS Motor's 26 export markets in Asia and Africa.

Shares of TVS Supply Chain Solutions Limited (TVS SCS) rose 3.4% when the company announced the recent delivery of 500,000 CKD (Complete Knock-Down) kits to TVS Motor Company. The delivery was from its warehouse facility in Hosur, Tamil Nadu. 

The warehouse is advanced and measures 150,000 square feet. It ensures defect-free dispatches and prevents parts mismatch. TVS SCS provides end-to-end value-added services such as production planning, quality management, inbound material activities, kitting, reverse logistics, and export. 

The company provides supply chain solutions. The CKD kits cater to TVS Motor’s 26 export markets in Asia and Africa. The company’s modern facility supports the enhancement of global export capabilities with zero defects. 

Currently, around 220 workers are employed at the facility. It includes 30 women involved in various activities such as primary packing, secondary packing, quality, and binning processes of the CKD kits.

TVS SCS specializes in providing solutions. It spans the entire value chain from sourcing to consumption, reducing complexity in its customers’ supply chains by using technology, data analytics, and execution experience. 

The company’s digital platforms are largely cloud-based, powered by a microservice-based architecture. Further, is highly scalable and reliable, enabling it to implement solutions across multiple geographies in a relatively short time.

At 2:34 pm, the shares of TVS Supply Chain Solutions Limited were trading 1.98% higher at Rs 175.40 on NSE.

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