Entrepreneurship and Project Management

PRESENTED BY: MALLA

HARIKRISHNA11PM1E0012

2ND MBA 4TH SEM

MINI PROJECT ON ENTREPRENEUR OF

T. V. SUNDARAM IYENGAR

Indian entrepreneur

Thirukkurungudi Vengraramaswamy Sundaram Iyengar

T. V. Sundaram Iyengar Born: 1877, Thirunlveli, Madras Presidency,

British India in Tamil Brahmin Family. Died: 28th April, 1955 (aged 78), Kodaikanal,

Tamil Nadu Occupation: Industrialist Founder: TV Sundaram Iyengar & Sons group

of companies (TVS Group)

T. V. Sundaram Iyengar Initial Career: Lawyer Worked for Indian Railways Worked in Bank 1912 : quit job – started first bus service in

MADURAI Operated no. of buses and lorries –

“Southern Roadways Ltd.” 1923 : Estd. TV Sundaram Iyengar & Sons

Ltd. 1955 : T.V. Sundaram Iyengar passed away at

his residence in Kodaikkanal at the age of 78.

T. V. Sundaram Iyengar During IInd world war – petrol scarcity –

Estd. TVS Gas Plant to meet demands. Further started factory for ‘Rubber

Retreading’ Added two more concerns : – The Madras Auto Service Ltd. – The Sundaram Motors Ltd. Started operating in diverse fields :

automotive component manufacturing, automotive dealerships, electronics, finance

T. V. Sundaram Iyengar Before independence, a lot of bullock carts would ply the routes that the TVS buses ran on. Nails from the bullocks’ shoes would pop and puncture the tyres.

Annoyed by the delays this caused for his buses, Sundaram Iyengar devised a magnetic road roller that would be pulled on the roads to pick up the horse and bullock shoes and any other metal part that could puncture his tyres.

“Everyone used to wonder why he was going to such an extent to prevent punctures but he said that it helped keep his buses on time. At that time, TVS was called ‘Thalla Vendam Sir (No need to push, Sir)’.”

T. V. Sundaram Iyengar Some of the of the TVS Group are:

• Wheels India• Brakes India• Sundaram Fasteners• TVS Motor Co.• Sundaram Finance• Lucas TVS• Sundaram Motors• Sundaram Brake Linings• TVS Logistics

T. V. Sundaram Iyengar Presently……

• Largest Automobile Distribution Co. in India

• Turnover about USD 1Billion (INR 40,000 million)• Employee Strength : above 4000

Honoured by UNION GOVT. OF INDIA – busts in Bronze & Marbel in Madurai on August 7, 1956.

T. V. Sundaram Iyengar

We are committed to being a highly profitable, socially responsible, and leading manufacturer of high value for money, environmentally friendly, lifetime personal transportation products under the TVS brand, for customers predominantly in Asian markets and to provide fulfillment and prosperity for employees, dealers and suppliers.

TVS Motor Company - Mission

MILESTONES1911  TVS & Sons established in Madurai, Tamil Nadu 1912  Starts first rural bus service in Southern Tamil

Nadu {from Pudukottai to Thanjavur } 1919  Forays into vehicle sales, service and spare

parts 1929  Foray into Dealership Business representing

General Motors 1930  Bus Body Building operations started 1936  Madras Auto Service acquired 1939  Southern Roadways started & Built TVS Service

station, Biggest in Asia then

Continued…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 TV Sundram Iyengar was honoured by the Union

Government of India by unveiling busts in Bronze and in Marble in the city of Madurai (Tamilnadu).

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 Part Smart"

2011  My TVS, the Customer Centric Car services business was hived off as a separate company called "TVS Automobile Solutions Limited"

2012 The All Car Services business of TVS Automobile Solutions Limited expanded its network into Kolkata & Gujarat through separate JV's

2012  Acquisition of Universal Component, United Kingdom

Continued…

Global BusinessGlobal Sourcing

International Purchasing Office (IPO) for the

Customers; ISO 9001: 2008 Certified Function.

Techno Commercial Team with rich experience

Qualified Auditors

Focus on Low and Medium Volume requirement

& parts with High Value Addition

Application of Lessons Learnt & Continuous

improvement

Global Expansion

Global Expansion is the international

business division of TVS & Sons, focusing on

expanding the business globally. At present there are

seven overseas companies each in USA, UK, Germany,

Spain, Thailand, Sri Lanka and Bangladesh. All

overseas operations are in the form of Joint Ventures

in Automotive business segments.

Dealership Business

Ashok LeylandLeyland DeereMahindra & MahindraMahindra NavistarRenault IndiaOff Highway EquipmentBPCL

Ushering in the personal transportation revolution

2011 TVS Apache RTR ABS launched2010 TVS Wego and TVS Jive launched2009 TVS Apache RTR 180 and TVS Streak launched.2008 TVS Flame, TVS Scooty Electric Vehicle and Three wheeler TVS King launched.2007 Apache RTR - first two wheeler in India to have racing inspired engine and features.2006 Launched TVS Apache - first bike to win 6 awards in a row2004 Launched the revolutionary VT-I engine for the best in class mileage in TVS Centra

2001 Launched India's first fully indigenously designed and manufactured motorcycle.

2000 Launched India's first 150 cc, 4 stroke motorcycle - The Fiero

1997 Introduced India's first 5 speed motorcycle, Shaolin1996 Introduced India's first catalytic converter enabled motorcycle, the 110 cc Shogun1994 Launched India's First indigenous scooterette (sub - 100 cc variomatic) - TVS Scooty 1984 First Indian company to introduce 100 cc Indo - Japanese motorcycles 1980 Launched TVS 50, India's first 2 seater 50 cc moped

TVS Logistics Services Ltd. TVS Logistics was started as a business unit of T

V Sundram Iyengar & Sons Ltd and was later established as a separate company named, TVS Logistics Services Limited (TVS LSL) in December 2004.

TVS Logistics has an annual turnover of over Rs. 1,200 Crores and controls about 3 million sq. ft. of warehouse space in India.

With operations in UK, Spain, Thailand, USA,

Germany and China, through warehouses located in

79 locations both in India and abroad. Through Joint

Ventures mentioned in the above countries, TVS

Logistics provides seamless supply Chain solutions to

its clients.TVS Logistics has been considered as the

best choice for low cost sourcing and complete

logistics management of automotive components

from India.

Key highlights of TVS Logistics Services Ltd.:Over 16 years of rich experience in managing

warehouse operations Strength of over 7000 strong head counts Fleet volume exceeding 800 nos. in supporting

Material Handling Solutions Daily average of 650 trips to support Milk run

activities for OEMs Around 950 vehicles plying on road, with the

option of GPS tracking facility, to meet the Line haul activities

Services Offered:Transportation Solutions including Inbound /

Outbound Logistics & Milk run collections Warehouse Management Solutions – In Plant,

Spare Parts Warehouse & Export KD pack Plant. Freight Management Solutions Asset based Management Solutions Materials Management Solutions

Conclusion:

The entrepreneurship model could mean the

subsidiary companies of the earlier generation

could serve as the parents of newer companies

that could be floated by the upcoming generation.

Thank you… Ct. by: HARIMA arts