TVS Group Listed Companies: Pioneers of India’s Auto Evolution with a Rich Family Legacy

The TVS Group stands tall as one of India’s most trusted and diversified business conglomerates, built on a foundation of family values, innovation, and integrity. With a legacy that spans over a century, TVS has not only transformed the Indian automotive sector but has also left a global imprint. In this blog, we explore the group’s origins, its family-run leadership structure, publicly listed companies, and strategic milestones that shaped its success story.

Snapshot: TVS Group Overview

Deep-Rooted Family Legacy

At the heart of the TVS Group lies a tightly-knit family legacy led by the Sundaram Iyengar lineage, spanning four generations:

• 1st Gen: T.V. Sundaram Iyengar – Founded Madras Motor Union, the precursor to TVS.
• 2nd Gen: T.S. Krishna, T.S. Srinivasan, T.S. Santhanam – Spearheaded expansion into components and financial services.
• 3rd Gen: Venu Srinivasan, T.K. Balaji – Drove modernization and global outreach.
• 4th Gen: Emerging entrepreneurs focusing on EVs, digital transformation, and sustainability.

The core philosophy of “Progress Through Reliability” continues to guide the group’s business decisions and customer trust.

TVS Group Listed Companies: Overview & Insights

Here’s a look at the major listed entities within the TVS Group portfolio as of July 2024:

These companies collectively contribute to a diversified industrial footprint, from two-wheelers and components to digital solutions and financial services.

Leadership That Blends Tradition and Technology

The TVS Group’s leadership model is a testament to long-term vision, innovation, and familial continuity.

• Venu Srinivasan – Chairman, TVS Motor Company
• T.K. Balaji – Chairman, Sundaram-Clayton
• Harsha Viji – Managing Director, Sundaram Finance
• R. Dinesh – MD, TVS Supply Chain Solutions

Each leader brings specialized expertise while maintaining the group’s ethical and entrepreneurial ethos.

TVS Group’s Digital Footprint

The group actively engages with customers, investors, and enthusiasts through various online platforms:

• Twitter: @tvsmotorcompany, @SundaramFinance
• YouTube: TVS Motor Channel, Sundaram Finance
• Blogs & Insights:
  • TVS Motor Blog
  • Sundaram Finance Insights

How TVS Built a Global Automotive Powerhouse

1. From Transport Roots to Tech-Driven Giant

Founded as Madras Motor Union to run a fleet of buses, TVS gradually diversified into parts manufacturing, financing, and full vehicle production.

2. Strategic Partnerships

• Collaborated with Suzuki in 1982, launching the iconic TVS-Suzuki.
• Developed India’s first moped, the TVS 50.

3. EV and Green Technology

• Invested ₹1,200 Cr in EV R&D; launched TVS iQube electric scooter.
• Committed to carbon neutrality by 2030.

4. Finance-Led Mobility

With assets over ₹40,000 Cr, Sundaram Finance is a key player in India’s auto finance ecosystem.

Milestones & Recognition

• TVS Motor Company: First Indian 2-wheeler company to win the Deming Prize (2002).
• Sundaram Fasteners: Supplies precision parts to NASA.
• Group Revenue (2024): Surpasses $12 billion in global revenue.

Strategic Investments & Global Growth

• Electric Mobility: ₹3,000 Cr allocated for EV infrastructure.
• International Operations: Manufacturing units in the USA, Germany, Indonesia.
• Startup Collaborations: Partnered with 30+ startups in AI, IoT, and mobility tech.

Conclusion: Innovation Backed by Heritage

The TVS Group exemplifies what a family-led conglomerate can achieve with vision, values, and versatility. Its journey from a small transport business to a multinational automotive empire showcases its resilience and foresight. As it gears up for a sustainable and tech-driven future, TVS continues to inspire India’s industrial landscape.