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.
| Type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1911 at Madurai |
| Founder | T. V. Sundram Iyengar |
| Headquarters |
|
Area served | Worldwide |
Key people |
|
| Products | |
| Revenue |  US$8.5 billion (2019) |
Number of employees | 60,000 |
| Parent | T. V. Sundram Iyengar & Sons Private Limited |
| Subsidiaries |
|
| Website | www |
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 nine listed subsidiaries are:[2]
- TVS Motor Company
- Sundaram Fasteners
- Sundaram Clayton
- TVS Srichakra
- Wheels India
- India Motor Parts & Accessories
- India Nippon Electricals
- TVS Electronics
- Sundaram Brake Linings
- TVS Real Estate (TVS Emerald)
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 Industrial & Logistics Parks
- Lucas-TVS
- Delphi-TVS
- TVS Next
See also
- TVS family
- Sundaram Finance, a former subsidiary of the group which now operates independently[4][5]
References
- Kumar, K. Bharat (6 March 2021). "Explainer | A look at the TVS Group's proposed recast of holdings". The Hindu. Retrieved 11 April 2021.
- Bureau, Our. "TVS family to rejig ownership of group companies". @businessline. Retrieved 11 April 2021.
- "TVS Group". www.tvsgroup.com. Retrieved 11 April 2021.
- "TVS Group's Ownership Structure Rejig Is an Important Lesson for Family-Run Businesses". The Wire. Retrieved 11 April 2021.
- Philip, Lijee; John, Satish. "TVS looks at recast as new generation hops on board". The Economic Times. Retrieved 12 April 2021.
External links
- "TVS Group - Fourth-generation ambitions". 28 August 2012. Archived from the original on 28 August 2012. Retrieved 28 August 2012.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.