TVS Motor Company is India's third largest two-wheeler manufacturer with annual sales of over 3 million units. It has four manufacturing plants and an annual production capacity of over 4 million vehicles. Some of its achievements include setting up an assembly line in Uganda in 2013 and launching plants in Indonesia in 2006 and Himachal Pradesh in 2008. Its competitors are Bajaj Auto and Hero MotoCorp, which have significantly higher market capitalization, sales turnover, net profit, and total assets. In the Indian two-wheeler market, Hero MotoCorp has the largest share of 35.9% while TVS has a market share of 14.8%.