Journey of TVS
Our Founder TV Sundram Iyengar
TV Sundram Iyengar was a man of principles and a true visionary. During the 1930s, when riding an automobile was still a distant dream for many Indians, he had the vision to start the first ever rural bus service in Madurai. Business was not only a passion for Sundram Iyengar, but also a service to the common man. His innovative and visionary ideas, hard work and determination formed the base for ‘TV Sundram Iyengar and Sons Group of Companies’, one of India’s largest industrial conglomerates. The group started by Iyengar extended its services to the motor industry, to motor services and several others over the following years. No wonder, even today he is regarded as one of the most successful industrialists of his time. TV Sundram Iyengar was also a forward thinker and a stringent follower of Gandhian philosophies.
$8.5bn Conglomerate | 100 years Legacy
- Largest Auto Ancillary Group in India, with a turnover of $8.5 Billion
- Joint Ventures with many world leaders in the Automotive Systems and Components manufacturing industry
- Great reputation for Trust, Value and Service with a century old history
- Embraces Global Best Business practices and Manufacturing Excellence
- Many Group companies have won Deming Awards, JUSE Quality Medals and other recognition
About TVS Mobility group
TVS Mobility is the holding company for the businesses managed by the T S Rajam family members. The companies housed under TVS Mobility evolved from the business started by T V Sundaram Iyengar in 1911. Businesses under the TVS Mobility group are being managed by the 4th generation family members, descendants of T V Sundaram Iyengar.
TVS Mobility has a collective annual revenue of over USD 2Bn and has broadly four verticals that include Manufacturing (Tyres & Tubes and Rubber products), Global Supply Chain Solutions (auto and non-auto), Platform for Distribution and Services in the Independent Aftermarket, and Auto Distribution (India, Srilanka and Bangladesh).
Companies under the group employ over 25,000 people and has business interests in six continents and with establishments in more than 25 countries. The group has a diverse business base in both B-to-B, B-to-B as well as in B-to-C segments. The clientele of its group companies includes marquee names in both auto and non-auto segments. The manufactured products of the group are sold to Automotive and Industrial vehicle and product manufacturers, distributors and to consumers. The businesses of the group work closely with entrepreneurs and help them scale by directly engaging with them and through brand support. One of the entities has created a platform for over 20,000 retail and service entrepreneurs across the country through its technology and service platform. Through its B-to-C businesses, it sells more than 1,50,000 vehicles per annum (including 1,10,000 two-wheelers) and provides services to over 3.5 million customers.
Known for its compliance and governance standards, the group believes in empowering people with skills and training programs through its schools and community outreach initiatives. It runs nine institutions under its not-for-profit welfare trust, which have provided education and life skills for around 50,000 persons so far.
The companies in the group have grown consistently over the years and created value for all its stakeholders.