Suresh Krishna (businessman) explained

Suresh Krishna
Birth Date:1936 12, df=yes
Birth Place:Madurai, Madras Presidency, India
Education:Bachelor of Science (chemistry)
M.A., Literature
Alma Mater:Madras Christian College, India
University of Wisconsin, U.S.
University of Munich, Germany
Occupation:Industrialist
Chairman
Spouse:Usha Krishna
Children:3
Relatives:TVS family
T V Sundram Iyengar (grandfather)
Awards:"Sir Jehangir Ghandy Medal for Industrial Peace", "Businessman of the Year 1995", JRD Tata Corporate Leadership Award, "Padma Shri in 2006"

Suresh Krishna, an Indian industrialist, is the Chairman of Sundram Fasteners Limited (SFL),[1] and the Chairman of the holding company, T V Sundram Iyengar & Sons Pvt Ltd.[2]

Suresh Krishna is the grandson of the founder of TVS Group, late Sri T V Sundram Iyengar, and the eldest son of the late Sri T S Krishna.

Education

Suresh Krishna received his Bachelor of Science degree from Madras Christian College in the year 1955. He received his M.A. in literature from the University of Wisconsin in 1959 and did his post-graduate work in Literature in the University of Munich, Germany.

Career

Suresh Krishna started his career with TVS and Sons, Madurai. In 1962, he was given the responsibility of starting Sundram Fasteners to manufacture high-tensile bolts and nuts. Under his leadership, the company, which started its operations as a small industrial unit in Ambattur Industrial Estate, soon moved to its present location in Padi, Chennai. It then gradually expanded its operations to Hosur and Madurai in Tamil Nadu.

Currently, SFL has 27 factories including one each in China and the United Kingdom. SFL manufactures a variety of automotive products such as high tensile fasteners, cold extruded parts, sintered metal parts, power train components, radiator caps, wind energy components, hot forged parts, foundry parts, water pumps and oil pumps.[3]

Under his leadership, SFL became the first Indian Engineering company to acquire ISO 9000 certification.[4] It is also the first engineering company in India to achieve Total Productive Maintenance (TPM) Excellence Award.[5]

Net worth

Forbes lists his net worth as of April 2022 at $1.1 billion USD.[6]

Recognition

Suresh Krishna served as the President of the Automotive Component Manufacturers Association of India from 1982 to 1984[7] and as the President of the Confederation of Indian Industry from 1987 to 1988.[8]

He has been board director of several TVS Group companies, as well as for the Industrial Credit & Investment Corporation of India, Tata Steel,[9] Videsh Sanchar Nigam Ltd, Institute for Financial Management & Research, etc.

He was appointed as a Director on the Central Board of the Reserve Bank of India.[10] He was one of the members of the Advisory Council to the Prime Minister formed to advise the Prime Minister on matters relating to trade and industry.

Awards and honours

The Government, Business and Industry bodies have recognized Suresh Krishna's contributions.

!Year!State Government Recognition
1992-93Appointed as Sheriff of Madras
National Honour
2006The Government of India conferred the "Padma Shri" Award on Suresh Krishna for his contribution to Industry[11]

Industry Honours
1991Suresh Krishna was awarded the "Sir Jehangir Ghandy Medal for Industrial Peace"by XLRI.
1995The Business India Magazine selected him as the "Businessman of the Year"
1997He was awarded the "Qimpro Platinum Standard"[12] for being a role model for Quality Leadershipfor Corporate India
1998Suresh Krishna was awarded the "Juran Quality Medal"[13] by the Indian Merchants Chamber, Mumbai
2000The Asian Productivity Organization, Japan conferred the Nation Award (for India) on Suresh Krishnafor his outstanding contribution towards productivity improvement in the country during the last five years.[14]
2000The All India Management Association gave the prestigious "JRD Tata Corporate Leadership Award"[15] to Suresh Krishna
2001Krishna was the recipient of the "Entrepreneur of the Year" Award from Ernst & Young[16]
2017Life Time Achievement Award by the Nanayam Vikatan for his contribution to Industry[17]
2019Life Time Achievement Award - The Economic Times Awards - Tamil Nadu by Times Group
2019India's First "Quality Ratna" Award conferred by Confederation of Indian Industry (CII)[18]

Notes and References

  1. Web site: Investor Sundram Fasteners. sundram.com. 2019-02-28.
  2. News: Motor India - TVS Chairman. Motor India Online.
  3. Web site: About Us Part of the Legendary TVS Group of Companies Started in 1911. sundram.com. 2019-03-01.
  4. News: Quality matters for success. 12 January 2000 . Sushila . Ravindranath . The Hindu. 2 March 2019.
  5. Web site: All India JIPM TPM Award Winners. tpmclubindia.org. 2019-03-01.
  6. Web site: Suresh Krishna . Forbes - The World's Billionaires. August 19, 2022.
  7. Web site: Past Presidents. acma.in. 2019-03-04.
  8. Web site: CII. cii.in. 2019-03-04.
  9. Web site: Tata Steel 102nd Annual Report 2008 - 2009. tatasteel.com. 2019-03-04.
  10. Web site: RBI board reconstituted. The Hindu. 2000-11-29. 2019-03-04.
  11. Web site: Padma Awards Interactive Dashboard. dashboard-padmaawards.gov.in. en. 2019-03-04.
  12. Web site: Qimpro - Qimpro Awards - Business. qimpro.com. 2019-03-04.
  13. Web site: IMC RBNQA. imcrbnqa.com. 2019-03-04.
  14. Web site: Quality matters for success. The Hindu. 2000-01-12. 2019-03-04.
  15. Web site: Awards AIMA Jrd Tata Corporate Leadership Award AIMA. aima.in. 2019-03-04.
  16. Web site: E&Y Award.
  17. Web site:
    1. LiveUpdates தமிழகத்தில் சிறந்த தொழில்முனைவோர்களை கெளரவிக்கும் நாணயம் விகடன் பிசினஸ் ஸ்டார் அவார்ட்ஸ் - 2017 #NanayamAwards2017 Nanayam Vikatan Business Star Awards 2017
    . Team. Naanayam Vikatan. 2017-12-22. ta. 2019-03-04.
  18. Web site: Sundram Fasteners' Suresh Krishna conferred CII's 'Quality Ratna' award. 2019-11-26. en-US.