Industry Conglomerate Founded 1911 | Founder T. V. Sundaram Iyengar Type of business Privately held company | |
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Parent T. V. Sundaram Iyengar & Sons | ||
TVS Group is an Indian diversified industrial conglomerate with its principal headquarters located in Madurai and presence across the Globe. Almost all holdings of the group are private. The largest and most visible subsidiary is TVS Motor Company, the third-largest two-wheeler manufacturers in India. TVS Group, with group revenue of more than US$6 billion, is an automotive conglomerate company, specialized in manufacturing of two-wheeler, three-wheeler, auto-electricals components, high tensile fasteners, die casting products,dealership business, brakes, wheels, tyres, axles, seating systems, fuel injection components, electronic and electrical components and many more.
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History
From its beginnings at the turn of the 20th century, TVS Group has grown to become the largest manufacturer and distributor of auto components in India. T V Sundram Iyengar and Sons Private Limited is the holding company of the TVS Group; the founder was Thirukkurungudi Vengaram Sundram Iyengar.
Management
Management of almost all companies is by family members. Most of the group companies maintain a low profile and follow a conservative management style.