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TVS Group

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TVS Group
Company typePrivate
IndustryConglomerate
Founded1911; 113 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.tvs.in

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.

Subsidiaries

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 ten listed subsidiaries are:[2]

TVS Group's unlisted subsidiaries include:[3]

  • TVS Emerald
  • Brakes India
  • Turbo Energy
  • TVS Investments
  • Axles India
  • Sundaram Textiles
  • TVS Tread
  • Sun Tyre & Wheel Systems
  • Sundaram Dynacast
  • TVS Automobile Solutions
  • TVS Industrial & Logistics Parks
  • Lucas-TVS
  • Delphi-TVS
  • TVS Next
  • TVS Credit

See also

References

  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. {{cite news}}: |last1= has generic name (help)
  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.