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Growth by all means
TVS SCS was started as – TVS Logistics – a division of TVS & Sons in 1995 before being hived off as a separate company in 2004. TVS SCS has taken the route of growing through organic and inorganic means to be a successful global player. Its inorganic growth came through the first acquisition in the year 2004 when it bought out the UK based CJ Components – an automotive component sourcing company. The company pursued further acquisitions for its growth across Europe, the UK, the USA, Singapore and Australia.
UK and Europe operations
TVS SCS has made four acquisitions in the UK, including the century-old Multipart Holding, and operates through 47 locations in the UK, 4 in Ireland and 84 locations in Europe. Its business is primarily focused on providing supply chain services for clients in automotive, beverage, defence, rail and utilities. TVS SCS provides over 2000 jobs in the UK and Europe. It is also one of the largest Indian employers in Northern England. Additionally, TVS SCS has a long history of providing global forwarding services and solutions in Spain and Germany, connecting deeply with the Asia Pacific through the network.
North America operations
TVS SCS announced its entry into the USA in 2011 through the acquisition of Manufacturers Equipment & Supply Company (MESCO) to get into a new vertical in the supply-chain management – Industrial tool and dye segment. Two years later, it went on to acquire Wainwright, a specialist in cross-docking and vendor management inventory capability. TVS SCS provides around 1000 jobs in the USA with a presence in 6 strategic locations.
Asia Pacific operations
TVS SCS has a significant presence in the ASEAN and Oceania region with offices in Singapore, China, Australia, Thailand, among others. It has made four acquisitions in this region to expand its reach and expertise. Its core capabilities include freight forwarding by sea and air, first- and last-mile services, transportation and inventory management, value-added services, and Asia-based contract logistics. The Asia Pacific region is deeply connected with the TVS SCS global forwarding presence in Germany and Spain, providing industry-leading solutions to some of the world’s biggest brands.
Our Group History From a single man's dream to a Business Conglomerate
TVS was formed in 1911, thanks to the ambitious dreams of our founder, TV Sundaram Iyengar. He wanted to build a business that would create a family of like-minded individuals pursuing only the best in quality and standards. The success of the TVS group is deeply rooted in our founder’s personal belief of commitment to the values of trust and customer service. Although the company is named after the founder, the letters TVS have always stood for Trust, Value, and Service within the company. This remains the guiding and overarching philosophy by which the group functions. It was only natural that success and market leadership followed. Today, TVS is one of India’s leading automotive groups, with over 90 Companies under its umbrella with a revenue of around $8.5 Billion. The first four companies in India to have won the coveted Deming Prize are from the TVS Group.
Our history at a glance...
Attention to finest detail
When TVS started plying buses, way back in 1912, it not only ensured the journey is smooth for passengers but also ensured the buses start on time and reach the destination on time. Those were the days when other bus operators would wait for a particular number of seats to get filled-in before they start operating their buses. TVS also regularised the system by issuing tickets for the fare they collected, probably for the first time in those days, for travel from point A to point B. To top it all, TVS used to send out a pilot vehicle, fitted with a magnet, that catches all the iron nails on the road. This ensured that TVS buses reach the destination ‘on-time’, every time. TVS buses are so reliable that people set their watches right on seeing the TVS bus pass by their places.
Innovation effort during Wartime
During World war II there was a severe oil shortage all-over-the-world and India was not spared either. But, TVS played its part through innovation where it engineered a Gas plant that could fit inside a car to combat fuel shortage. The plant produced charcoal gas as a substitute for petrol. The gas plant was an instant hit among users with many cars and even trucks attached this Gas plant to their vehicles.
Introduced the concept of test drive
When TVS took the General Motors dealership in 1929, it did not wait for the customers to come to their dealership. Instead, it tried various innovative methods to sell vehicles. Its salesmen were given the task to take the vehicles to Zamindars (rich people) house where they would leave the vehicle with a chauffeur at their house and return with Zamindar’s horse/bullock cart. This would allow the royal families to use the vehicle for a stipulated time. Today, the concept of test drive has become a buzzword in the automobile industry. But TVS used this as USP way back in the 1930s.