As An Industrialist
Sundram Iyengar later quit his jobs and laid the foundation for the motor transport industry in South India when he first started a bus service in the city of Madurai in the year 1911. He established the T.V. Sundram Iyengar and Sons Limited in 1911, which by his death in 1955, operated a number of buses and lorries under the title of Southern Roadways Limited. This paved the way for the genesis of the TVS Group.
During the times of the second world war, Madras Presidency was met with petrol scarcity, to meet the demands, Sundram Iyengar designed and produced the TVS Gas Plant. He also started a factory for rubber retreading, besides two more concerns, the Madras Auto Service Ltd and the Sundaram Motors, a division of T V Sundram Iyengar & Sons Ltd., the former was the largest distributors of General Motors in the 1950s. What started as a single man’s passion soon became the business of a family.
Sundram Iyengar had five sons and three daughters, and in his patriarchal Tamil Brahmin family all male members got into the business. With his son, Duraisamy’s early death, four other sons— T.S. Rajam, T.S. Santhanam, T.S. Srinivasan and T.S. Krishna — became an integral part of the business and ever since there have been four largely distinct branches that, however, have worked under the TVS umbrella.
The group established by Sundram Iyengar, according to the company, is currently the largest automobile distribution company in India, enjoys a turnover of about US$ 1 Billion (INR 40,000 Million) and has an employee strength of 40000. The group operates in diverse fields like automotive component manufacturing, automotive dealerships, finance and electronics, as well as into IT solutions and services.
On 6 June 2012,TVS & Sons announced the inauguration of Leyland Deere dealership.
Some of the TVS group are:
- T V Sundram Iyengar & Sons Limited(www.tvs.in)- Holding Company of TVS Group
- TVS Automobile Solutions Limited.,
- Sundaram Industries Ltd.,
- TVS Srichakra Ltd.,(TVS Tyres)
- Wheels India Limited.,
- Brakes India Limited (Visit Website)
- Sundram Fasteners Ltd.,(www.sundram.com)
- ZF Electronics TVS (India) Private Limited - TVS Electronics Limited
- TVS Infotech Ltd.,(Visit Website)
- TVS Motor Company Ltd., TVS Motor Company
- Sundaram Finance Ltd.,
- Turbo Energy Limited.,
- Axles India Ltd.,
- Sundaram Clayton Limited.,
- TVS Interconnect Systems Limited
- TVS Textiles Ltd.,
- TVS Infrastructure Limited
- Lucas Indian Services Ltd.,
- Lucas TVS Ltd.,
- Delphi TVS Ltd.,
- Sundaram Motors - A Division of TVS & Sons Ltd.,
- Madram Auto Services Limited.,
- Indian Motor Parts & Accessories Limited,(IMPAL)
- Sundaram Brake Linings Ltd.,
- TVS Capital Funds Limited.,
- TVS Logistics Services Ltd.,
- Universal Components(Recent Acquisition in The UK)
- TVS Automotive Europe Ltd.,(A Subsidiary of TVS LS Ltd.,)
- T V S Supply Chain Solutions Ltd., UK ( A 100% Subsidiary of TVS LS Ltd.,)
- T V S CJ Components Ltd.,(A Subsidiary of TVS Automotive Europe Ltd.,)
- Universal Components Ltd., UK
- TVS Southern Roadways Limited
- Sundaram Hydraulics Ltd.,
- Sundaram Medical Foundation(SMF)
- TVS Lanka Private Ltd.,
- India Japan Lighting Private Ltd.,
- India Nippon Electricals Ltd.,
- Irizar TVS Ltd.,
- Sundaram Dynacast Private Ltd.,
- TVS Credit & Service Ltd.,
- Upasana Engineering Ltd.,(A 100% subsidiary of Sundram Fasteners Ltd.,)
- Sundaram Medical Devices Ltd.,
- Wabco TVS Ltd.,
- Bridgestone TVS Ltd., (Joint Venture of Sundaram Industries Ltd.,& Bridgestone Tyre of Japan)
Read more about this topic: T. V. Sundaram Iyengar