Venu Srinivasan with the net worth of $2.4 billion. He serves as the managing director and chairman emeritus of TVS Motor Company. The company is the largest maker of two-wheelers.
TVS Motor is the flagship of the TVS Group which was founded in 1911 by T.V. Sundaram Iyengar.
He belongs to the third generation of the family. The company is based in Chennai and owns three factories in India and one in Indonesia.
Ralf Speth is the veteran auto executive who sat on the board and was chairman of TVS Motor Company since 2022.
The current managing director, Sudarshan Venu, is also son to Venu Srinivasan. Daughter Lakshmi Venu sits of the company board.
Venu Srinivasan earned a Bachelor of Engineering from Anna University in Chennai and later earned an MBA from Purdue University.
In 1979 he took over the management of Sundaram-Clayton which is the holding company of TVS Motor company.
TVS Motor has been selling its products on 80+ countries spanning from Africa, Latin America and Asia.
Venu Srinivasan owns a private jet known as Kingair B200 turbo prop which he uses for business travel.
In the past the family used to operate the TVS buses which were always on time. They were always repaired overnight based on driver’s directions. They implemented GM Service operations.
Awards and Honors
Venu Srinivasan has earned various awards and honors. Below is a list of some of those awards:
- Star of Asia by Businessweek
- Doctor of Science by University of Warwick
- Padma Shri by Government of India
- Doctor of Management by Purdue University
- Doctor of Science by IIT
- Man of the Year by Autocar Professional and
- Padma Bhushanan by Government of India among others
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