The TVS group was established in 1911 by
Shri. T. V. Sundaram Iyengar
The TVS group is today a leading player
in automobile and automotive industry
The group has 30 companies and
employs more than 45,000 people
TVS motor company is the largest among
the group companies in terms of size
It is India’s third largest two-wheeler
manufacturer and one among the top ten in
It has 4 manufacturing plants in country
It has 15 percent market share in the two-
wheeler industry in India
More than 15 million customer
Product offerings in all segment of the two-
wheeler industry in India
Product offerings in three-wheeler industry
Exports to more than 50 countries
The company entered into a technical
know-how and assistance agreement
with Suzuki Motor Co Ltd of Japan in the
The TVS group and Suzuki Motor
Corporation parted ways from their 15-
year-old joint venture on September 27,
Stands for trust, values and services.
TVS is like one big family which pursues
common goals, shares the good and the
bad times, and stays together.
The strikes in 1977 and 1992 were
aberrations in an otherwise impeccable
record of good human relations.
TVS based on mutual understanding and
"Efficiency and success drive all
TVS management and the workers :
sense of pride, enhanced self esteem and
status in society.
new-age employees follows 3S`s
“I am confident that given the value of
experience and the youthful vibrancy of
the fourth generation entrepreneurs within
the TVS fold, the group will continue to add
new chapters to the ongoing success
Shekhar Arora is Executive Director
(Human Resources), Ashok Leyland Ltd
A 100-year old group
Never faced a serious labour problem
Sundaram finance (started in 1954), wheels
india (1962), sundram fasteners (1966) and
sundaram brake linings (1975).
Companies faced strike- Sundaram
Clayton, Lucas TVS, brakes India.
Tvs motor co. Shut down for a few days
shutting down production for three days.
during the global financial crisis of 2008
"The company has always stood by us.
We saw this as an opportunity to help it
tide over a temporary crisis," says S
Ramasamy, manager, IT Systems, TVS &
Transforming the TVS group from a small
family business running a rural transport
service in the temple town of madurai in
southern tamil nadu into a $4-billion (rs
The group, with 25,000 employees, has
operations spread across india, the
united states, europe, indonesia and
Interaction thrice in a year.
Ahead in providing workers' benefits.
Provident fund scheme
Paying gratuity - from mid-1960s
(became statutory from 1975)
Relationship with an employee does not
end once he retires
HR departments of the group helps
"We keep asking employees if they are
happy at work," says R. Dinesh, Joint
Managing Director, TVS & SONS.
Offers scholarships for children
Attrition levels at the group are low as
A Case In the early 1990s, with Sundaram
action against unproductive or errant
intangible reasons for employees happiness
Employees enjoy rights rarely provided
executives who have worked for four years
or more have the authority to sanction loans
TVS Group also avoids lateral recruitment at
prestigious international award for total
Sundram Fasteners was a consistent winner
of the best global supplier of the year
a familial relationship is getting
increasingly difficult as the group grows
The employees of today are different
Employees expect workplace to be
innovative, attractive and progressive or
else they leave
large-scale attrition in company's
manufacturing facility in China's
•World Glass Complex at Sriperumbudur
•Excellent labour relations
• total employee involvement
• ability to develop outstanding engineer
•well-directed corporate social
• harmonious relationship with society
• high ethical norms
Indian society has changed
employees prefer an accelerated
financial and career growth
TVS model needs to be tweaked to
manage aspirations and changing
industrial relations and human resources
development already separated
TVS Group companies have been traditionally strong :
-in process discipline
- customer centricity
-cost control and
-conservative business judgments
“I am sure it will overcome the present challenges and
move to the next level.”
(B. Santhanam -- President, Flat Glass, South Asia &
Egypt and MD, Saint Gobain Glass India. He is also
chairman, CII National Committee on Human
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