TVS Group

TVS Group is an Indian multinational conglomerate with its principal headquarters in Madurai and international headquarters in Chennai. It has more than 50 subsidiaries including the two-wheeler manufacturer TVS Motor Company and TVS Supply Chain Solutions.

TVS Group
TypePrivate
IndustryConglomerate
Founded1911; 110 years ago (1911) at Madurai
FounderT. V. Sundram Iyengar
Headquarters
Area served
Worldwide
Key people
  • Krishna Mahesh
  • Tirumala Kumara Balaji
  • Krishna Mahesh
  • Srinath Ratnam Rajam
  • Srivats Ram
  • Santhanam Viji
  • Santhanam Ram
  • Suresh Krishna
  • Venu Srinivasan
  • Gopal Srinivasan
  • Ramachandran Haresh
  • Ramachandran Dinesh
Products
RevenueIncrease US$8.5 billion (2019)
Number of employees
60,000
ParentT. V. Sundram Iyengar & Sons Private Limited
Subsidiaries
Websitewww.tvsgroup.com

SubsidiariesEdit

The group's subsidiaries are owned by three holding companies, viz., TVS & Sons, Sundaram Industries and TVS Holding Companies. TVS & Sons is the parent company of the group.[1] The three holding companies of the subsidiaries are:

  • T. V. Sundram Iyengar & Sons Private Ltd. (TVS & Sons)
  • Sundaram Industries Private Ltd.
  • Southern Roadways Private Ltd. (TVS Holding Companies)

TVS Group's nine listed subsidiaries are:[2]

TVS Group's unlisted subsidiaries include:[3]

  • TVS Supply Chain Solutions
  • Brakes India
  • Turbo Energy
  • TVS Investments
  • Axles India
  • Sundaram Textiles
  • TVS Tread
  • Sun Tyre & Wheel Systems
  • Sundaram Dynacast
  • TVS Automobile Solutions
  • TVS Infrastructure
  • Lucas-TVS
  • Delphi-TVS
  • TVS Next

See alsoEdit

ReferencesEdit

  1. ^ Kumar, K. Bharat (6 March 2021). "Explainer | A look at the TVS Group's proposed recast of holdings". The Hindu. Retrieved 11 April 2021.
  2. ^ Bureau, Our. "TVS family to rejig ownership of group companies". @businessline. Retrieved 11 April 2021.
  3. ^ "TVS Group". www.tvsgroup.com. Retrieved 11 April 2021.
  4. ^ "TVS Group's Ownership Structure Rejig Is an Important Lesson for Family-Run Businesses". The Wire. Retrieved 11 April 2021.
  5. ^ Philip, Lijee; John, Satish. "TVS looks at recast as new generation hops on board". The Economic Times. Retrieved 12 April 2021.

External linksEdit