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The T. V. S. family is an Indian business family, based in Chennai, India. The TVS Group has its principal headquarters in Madurai and international headquarters in Chennai. It has more than 50 subsidiaries across sectors.
The company was founded as Sundaram-Clayton Ltd in 1962 in collaboration with Clayton Dewandre Holdings plc, United Kingdom. It was renamed TVS Holdings Ltd in 2023 after the amalgamation of TVS Holdings Pvt Ltd into the company. [1] In May 2024, TVS Holdings acquired an 80.74% stake in Home Credit India. [7]
Chennai is nicknamed the "Detroit of Asia" [1] due to the presence of major automobile manufacturing units and allied industries around the city.. A number of big motor companies has presence along the 60 km Automotive Corridor which includes BMW, Ford, Hyundai, Renault-Nissan, Mitsubishi, Caparo Group, Komatsu, Caterpillar, Ashok Leyland, TVS, and others.
Cycle Corporation of India Limited 10 Jessop and Company Limited 11 Lagan Jute Machinery Company Limited 12 Reyrolle Burn Limited 13 Weighbird (India) Limited 14 Bharat Brakes and Valves Limited 15 Bharat Process and Mechanical Engineers Limited 16 Mandaya Paper Mills Limited 17 Tyre Corporation of India Limited 18 Triveni Structurals Limited 19
The town also boasts of a few TVS factories close by, supplying parts and components to automotive industries in India and abroad. Brakes India Limited (Foundry Division) Brakes India Limited (Brakes Division) Light Alloy Products Limited; Turbo Energy Limited (Brakes Division) IT Companies in the Town Dreamup Softwares Private Limited
Jagdamba Motors Pvt. Ltd. has been the official distributor of TVS Motors in Nepal since 15 September 2015 and operates under the Shanker Group. It is the 5th largest market share holder in Nepal. In 2018, it introduced the dual-channel ABS Apache RR310 whereas the 2019 Apache RR310 received upgrade.
1954: Carborundum Universal of Madras India Limited (present day Carborundum Universal Ltd) was established in Madras, Tamil Nadu, as a tripartite collaboration between the Murugappa Group, The Carborundum Company Limited USA and the Universal Grinding Wheel Co. Limited, U.K
The Chennai-Tiruchirappalli section of National Highway 45 passes through this town. Chennai is 92 km and Villupuram 54 km from Melmaruvathur. From here to Chennai, buses are operated to the southern districts of Tamil Nadu, like Trichy, Madurai, Virudhunagar, Thoothukudi, Tirunelveli, Kanyakumari and Vellore, Tiruvannamalai, Vandavasi, Arani, Bengaluru, Hosur, Villupuram, Salem and Tiruppur.