TVS Group

TVS Group is an Indian conglomerate with its headquarters in Madurai.It has more than 50 subsidiaries including the two-wheeler manufacturer TVS Motor Company and TVS Supply Chain Solutions.

TVS Group
Company typePrivate
IndustryConglomerate
Founded1911 (1911) at Madurai
FounderT. V. S Iyengar
HeadquartersMadurai, Tamil Nadu, India
Area served
India
Products
RevenueIncrease US$8.5 billion (2019)
Number of employees
60,000
ParentT. V. S Iyengar Private Limited
Subsidiaries
  • TVS Motor Company
  • TVS Holdings
  • TVS Electronics
  • TVS Emerald
  • TVS Srichakra
  • TVS Supply Chain Solutions
  • TVS Fasteners
  • Lucas-TVS
  • Brakes India
  • Axles India
  • Turbo Energy
  • TVS Textiles
  • Wheels India
  • TVS Lanka
  • TVS Next
Websitewww.tvs.in

Subsidiaries

The group's subsidiaries are owned by ONE holding company, viz., TVS Iyengar Private Limited.

TVS Group's ten listed subsidiaries are:[1]

  • TVS Motor Company
  • TVS Supply Chain Solutions
  • TVS Fasteners
  • TVS Holdings
  • TVS Srichakra
  • Wheels India
  • India Motor Parts & Accessories
  • TVS Electricals
  • TVS Electronics
  • TVS Brake Linings

TVS Group's unlisted subsidiaries include:[2]

  • TVS Real Estate (TVS Emerald)
  • Brakes India
  • Turbo Energy
  • TVS Investments
  • Axles India
  • TVS Textiles
  • TVS Tread
  • Sun Tyre & Wheel Systems
  • TVS Dynacast
  • TVS Automobile Solutions
  • TVS Industrial & Logistics Parks
  • Lucas-TVS
  • TVS Next
  • TVS Credit

See also

  • TVS family
  • Sundaram Finance, a former subsidiary of the group which now operates independently[3][4]

References

  1. Bureau, Our. "TVS family to rejig ownership of group companies". @businessline. Retrieved 11 April 2021.
  2. "TVS Group". www.tvsgroup.com. Retrieved 11 April 2021.
  3. "TVS Group's Ownership Structure Rejig Is an Important Lesson for Family-Run Businesses". The Wire. Retrieved 11 April 2021.
  4. Philip, Lijee; John, Satish. "TVS looks at recast as new generation hops on board". The Economic Times. Retrieved 12 April 2021.
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