TVS Group
{{Short description|Indian multinational conglomerate}}
{{Use dmy dates|date=July 2020}}
{{Use Indian English|date=July 2020}}
{{Infobox company
| name = TVS Group
| image =
| type = Private
| industry = Conglomerate
| founded = {{start date and age|1911}} at Madurai
| location = *Chennai, Tamil Nadu, India (international headquarters)
- Madurai, Tamil Nadu, India (principal headquarters)
| founder = T. V. Sundram Iyengar
| area_served = Worldwide
| products = {{hlist|Automobiles|Tyres|Auto Components |Energy |Motorcycles |Scooters |Auto rickshaw |Education |Transport |Real estate|Finance |Insurance |Textiles |Electronics}}
| 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 = {{profit}} US$8.5 billion (2019)
| num_employees = 60,000
| website =
}}
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.{{cite news |last1=Kumar |first1=K. Bharat |title=Explainer {{!}} A look at the TVS Group's proposed recast of holdings |url=https://www.thehindu.com/business/Industry/explainer-a-look-at-the-tvs-groups-proposed-recast-of-holdings/article34008488.ece |access-date=11 April 2021 |work=The Hindu |date=6 March 2021 |language=en-IN}}
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:{{cite news |last1=Bureau |first1=Our |title=TVS family to rejig ownership of group companies |url=https://www.thehindubusinessline.com/companies/tvs-family-to-rejig-ownership-of-group-companies/article33302144.ece |access-date=11 April 2021 |work=@businessline |language=en}}
- 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:{{cite news |title=TVS Group |url=http://www.tvsgroup.com/pages/group.htm |access-date=11 April 2021 |work=www.tvsgroup.com}}
- 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
Family
{{Infobox family
| name = T. V. S. family
| image =
| caption =
| region = Chennai, Tamil Nadu, India
| origin = Madurai, Tamil Nadu, India
| members = T. V. Sundram Iyengar
T. S. Soundaram
Sheela Balaji
Venu Srinivasan
Lakshmi Venu
| heirlooms =
| estate =
| meaning =
| footnotes =
}}
The T. V. S. family is an Indian business family, based in Chennai, India. The TVS Group has its principal headquarters in Madurai and international headquarters in Chennai. It has more than 50 subsidiaries across sectors. T. V. Sundram Iyengar founded the group in 1911 with the establishment of T. V. Sundram Iyengar & Sons in Madurai.
The family is from the Iyengar community – Tamil Brahmins who are adherents of Sri Vaishnavism – hailing from Tirunelveli district. The founder T. V. Sundram Iyengar was born in 1877 in Thirukkurungudi. Sundram Iyengar qualified as a lawyer, and later worked in the Indian Railways and later in a bank. He later moved to Madurai and founded the TVS group.{{cite book|last1=Ramaswamy|first1=Vijaya|title=Historical Dictionary of the Tamils|date=2017|publisher=Rowman & Littlefield|location=London|isbn=9781538106853|edition=Second}}{{Cite web|date=2019-10-07|title=8 Most Successful Indian Family Businesses Running Over A Century|url=https://www.marketingmind.in/8-most-successful-indian-family-businesses-running-over-a-century/|access-date=2022-01-15|website=Marketing Mind|language=en-US}}
=Family tree=
Sundram Iyengar and Lakshmi Ammal had eight children – five sons and three daughters. The five sons all joined the family business. The eldest son – T. S. Doraisamy died in 1943 and the other four sons – T. S. Rajam, T. S. Santhanam, T. S. Srinivasan and T. S. Krishna continued to run different businesses.{{cite web |title=Splitting the century-old TVS Group |url=https://bloncampus.thehindubusinessline.com/case-studies/splitting-the-century-old-tvs-group-case-study/article65798962.ece |website=BLoC |access-date=5 August 2023 |language=en |date=22 August 2022}}
Of the daughters, Dr. T. S. Soundram was a physician, social reformer and politician.{{cite web |title=Friend, philosopher and athai |url=https://www.thehindu.com/features/metroplus/society/friend-philosopher-and-athai/article5706317.ece |website=The Hindu |access-date=5 August 2023 |language=en-IN |date=19 February 2014}}
{{chart/start|align=center}}
{{chart| | | | | | | | | | | | | | | | | | |TVS| | | | | | | | | |TVS=T. V. Sundram Iyengar}}
{{chart| |,|-|-|-|-|-|v|-|-|-|-|-|-|-|v|-|-|-|-|-|-|-|-|-|v|-|-|-|-|-|-|-|-|-|-|-|v|-|-|-|-|-|-|-|-|-|.|}}
{{chart| |TSD| | |TSR| | | | | |TSK| | | | | | | |TSS| | | | | | | | | |TSSr| | | | | | | |TSSo|TSD=T. S. Doraiswami|TSR=T. S. Rajam|TSK=T. S. Krishna|TSS=T. S. Santhanam|TSSr=T. S. Srinivasan|TSSo=T. S. Soundaram}}
{{chart| | | |,|-|-|-|^|-|.| |,|-|-|-|+|-|-|-|.| | | |,|-|-|^|v|-|-|-|-|.| | | | |,|^|-|-|-|-|v|-|-|.|}}
{{chart| | |RR| | |RRM| |SK| |KR| |KM| |SR| |PR| | |SV| | |VS| |SB| |GS|RR=R. Ramachandran|RRM=R. Ratnam|SK=Suresh Krishna|KR=K. Ramesh|KM=K. Mahesh|SR=S. Ram|PR=Prema Ramanujam|SV=S. Viji|VS=Venu Srinivasan|SB=Sheela Balaji|GS=Gopal Srinivasan}}
{{chart/end}}
See also
- Sundaram Finance, a former subsidiary of the group which now operates independently{{cite news |title=TVS Group's Ownership Structure Rejig Is an Important Lesson for Family-Run Businesses |url=https://thewire.in/business/tvs-groups-ownership-structure-rejig-is-an-important-lesson-for-family-run-businesses |access-date=11 April 2021 |work=The Wire}}{{cite news |last1=Philip |first1=Lijee |last2=John |first2=Satish |title=TVS looks at recast as new generation hops on board |url=https://economictimes.indiatimes.com/industry/auto/auto-news/tvs-looks-at-recast-as-new-generation-hops-on-board/articleshow/67565689.cms |access-date=12 April 2021 |work=The Economic Times}}
References
{{Reflist}}
External links
- {{cite web|url=http://www.livemint.com/2012/08/28002438/TVS-Group---Fourthgeneration.html|title=TVS Group - Fourth-generation ambitions|date=28 August 2012|access-date=28 August 2012|archive-url=https://web.archive.org/web/20120828162733/http://www.livemint.com/2012/08/28002438/TVS-Group---Fourthgeneration.html|archive-date=28 August 2012|url-status=dead}}
Category:Companies based in Tamil Nadu
Category:Companies based in Madurai
Category:Indian companies established in 1911
Category:Conglomerate companies established in 1911