TVS Group explained

TVS Group
Type:	Private
Industry:	Conglomerate
Founded:	at Madurai
Location:	Chennai, Tamil Nadu, India (international headquarters) Madurai, Tamil Nadu, India (principal headquarters)
Founder:	T. V. Sundram Iyengar
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
Subsid:	TVS Motor Company Norton Motorcycle Company TVS Holdings TVS Electronics TVS Emerald TVS Srichakra TVS Supply Chain Solutions Sundram Fasteners Lucas-TVS Brakes India Delphi-TVS Diesel Systems Axles India Turbo Energy Sundaram Textiles Wheels India TVS Lanka TVS Next
Parent:	T. V. Sundram Iyengar & Sons Private Limited
Revenue:	US$8.5 billion (2019)
Num Employees:	60,000

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 Motor Company
  • TVS Supply Chain Solutions Sundram Fasteners
• TVS Holdings (formerly Sundaram-Clayton)
• TVS Srichakra (TVS Eurogrip)
• Wheels India
• India Motor Parts & Accessories
• India Nippon Electricals
• TVS Electronics
• Sundaram Brake Linings

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

• TVS family
• Sundaram Finance, a former subsidiary of the group which now operates independently^{[4] [5]}

External links

• Web site: TVS Group - Fourth-generation ambitions. 28 August 2012. 28 August 2012. https://web.archive.org/web/20120828162733/http://www.livemint.com/2012/08/28002438/TVS-Group---Fourthgeneration.html. 28 August 2012. dead.

Notes and References

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