T V Sundram Iyengar & Sons Limited was established in 1911 in Tamil Nadu, India. Its origins trace back to a rural transport service but today, TVS has come to stand for Trust, Value, Service.
TVS Group has a combined global turnover of USD 6 billion and employs 30,000 people worldwide in over 30 companies. TVS & Sons is still a private company in family ownership and is one of the 10 largest companies in India. Its main headquarters are located in Chennai and Madurai, in through South East India.
The TVS Group focus their operations in 3 core areas:
1) TVS & Sons (including TVS Logistics Services Ltd (TVS LSL), a subsidiary company of TVS & Sons. TVS Supply Chain Solutions (TVS SCS) is 100% owned by TVS LSL).
Services Include: Vehicle Dealerships for Sales and Servicing, Parts Distribution for Aftermarket, Vehicle Recovery, Roadside Assistance, Supply Chain and Logistics.
2) Component Manufacturing (over 26 companies which TVS & Sons have investment in such as Sundaram Fasteners, Madras Auto Service etc.).
Services Include: Manufacturing of a wide variety of components for the Automotive, Industrial, Construction Vehicle, Marine, Mining and Aerospace sectors.
3) TVS Motor Company
Services Includes: Manufacturing of 2 and 3-wheeler vehicles
The TVS & Sons business currently has operationalcentresin India, Bangladesh, Sri Lanka, France, Spain, the UK and USA (include the global map of existing bases and also proposed operations map).
Current customers include vehicle manufacturers such as Ashok Leyland, Mahindra & Mahindra, Mahindra Navistar, Daimler Chrysler, General Motors, Honda, Renault, Volkswagen, Escorts, JLG, Ingersoll Rand, Pal Finger, Leyland Deere,Optare, Dennis Eagle, Brush, Cummins, Diageo, Greene King, Molson Coors.
The TVS Unique Selling Points:
- TVS is synonymous with Trust, Value, Service
- Is an ethical company
- Engages in long-term customer and supplier relationships
- Is committed to ensuring employee welfare resulting in high staff retention
- Delivers the highest levels of quality and service
- Focuses on retaining its market leadership position by recruiting the best people
- Is committed to Corporate Social Responsibility – Invests in Hospitals, Schools, Disaster Relief Camps etc.
TVS Dealership Business
TVS & Sons distributes commercial vehicles, utility & sports multi-utility vehicles, passenger cars and construction equipment for various leading automobile vehicle manufacturers, such as Ashok Leyland, Mahindra & Mahindra, Mahindra Navistar, Renault and Escorts.
The company has more than 150 outlets and sells over 50,000 vehicles. It provides services for more than 600,000 vehicles per annum. TVS & Sons is the leading automobile distribution company in India.
TVS Distribution Business
TVS & Sons is one of the largest automotive spare parts distributors in India. It sells over 35,000 part numbers, manufactured by more than 80 suppliers and works with over 8,090 customers across the country. Sophisticated warehousing facilities with state of the art IT infrastructure enables smooth procurement and deliveries.
We also market our own makes parts under the name of TVS Brand.
TVS Global Business – International Purchasing Office
We supplement our customer’s resources with a professional sourcing service which helps to reduce the overall cost of procurement through proven strategies, best practice, our people and the technology we use.
We have access to a secure, responsive and competitive supply base which has evolved through systematic audits and KPI measurement. Our supply chain provides quality products which are delivered on time and which achieve cost savings for our customers.
TVS Logistics Services Limited
TVS entered the logistics market in 1996 and in 2004, TVS Logistics Services Limited (TVS LSL) was established as a separate company under family ownership.
TVS LSL has an annual turnover of over 1,200 Crores or £150m and controls about 3 million sq. ft. of warehouse space in India.
The company has operations in the UK, Spain, Thailand, USA, Germany and China, through warehouses located in 79 locations. Through powerful joint ventures, TVS Logistics provides seamless supply chain solutions to its clients through low cost sourcing and complete logistics management of automotive components across the globe.
TVS Automobile Solutions ‘MyTVS’
TVS Automobile Solutions Ltd is a new Company formed in 2011 as a subsidiary of TVS & Sons. This is the business unit that was engaged in multibrand car servicing under ‘My TVS’ brand. TVS ASL is expanding its service network all over India directly and through joint ventures.
This is involved in multi-brand servicing of post warranty cars. At present there are 31 ‘MyTVS’ owned outlets and 49 Service franchisee outlets in India and TVS has plans to increase these outlets to 300 by 2015. ‘MyTVS’ offers 24×7 Emergency Roadside Assistance (ERA) for any car, any time and anywhere. The ‘MyTVS’, 24×7 era, is now present across India covering 1681 locations and 28 States with a network of over 3700 Authorized Service Providers (ASPs).
TVS Proqual – Tools and Garage Equipment
The company has also diversified into sales & service of garage equipment andspecialisesin in installing, commissioning and providing a complete aftersales service for automotive service equipment.
TVS & Sons Group Websites:
1911: TVS & Sons established in Madurai, Tamil Nadu
1912: Starts first rural bus service in Southern Tamil Nadu (from Pudukottaito Thanjavur)
1919: Commences vehicle sales, service and spare parts
1929: Sets up new dealership business representing General Motors
1930: Bus Body Building operations started
1936: Madras Auto Service acquired
1939: Southern Roadways established and constructed the first TVS service station, which was the biggest in Asia at that time
1943: Designs a unique gas plant that uses charcoal gas as fuel instead of petrol which was in short supply during World War II
1945: Sundaram Motors formed
1956: T V Sundram Iyengar was honoured by the Union Government of India by unveiling statue in Bronze and in Marble in the city of Madurai (Tamilnadu)
1960’s: Launch of component manufacturing companies: TVS Rubber, TVSSrichakra, Wheels India, Sundram Fasteners, Sundram Brake Linings
1996: Enters logistics business
2003: Enters customers centric car service business under brand name ‘MyTVS’
2004: Logistics business was hived off as a separate company called ‘TVS Logistics Services Limited’
2008: Forays into parts retail business for Heavy & Light Commercial Vehicle under brand name ‘TVS PartSmart’
2010: Acquisition of Multipart in the UK which was rebranded as TVS Supply Chain Solutions
2011: ‘MyTVS’, the Customer Centric Car services business, was ‘hived-off’ as a separate company called TVS Automobile Solutions Limited
2012: Acquisition of Rico Logistics in the UK
2012: Acquisition of Universal Component in the UK