Sudarshan Venu elevated as MD of TVS Motor, Auto News, ET Auto

New Delhi: The Board of two- and three-wheeler major TVS Motor, has elevated Sudarshan Venu as the Managing Director of the Company, effective today. The fourth generation industrialist held the joint MD’s role before the elevation. This can also be seen as part of a succession plan of the 44 year old enterprise as he takes on the role from his father Venu Srinivasan, the company’s chairman emeritus.

Sudarshan has been playing a lead role in charting some major strategies of the two-wheeler manufacturer, including new investments in electric mobility. In a press statement, the company says ‘he has played a pivotal role in the company’s growth in India and key international markets, including Asia, Africa, and more recently in Europe’.

Prof Sir Ralf Dieter Speth, Chairman, TVS Motor Company said, “Sudarshan has got a clear vision and brings with him both a tremendous passion for advanced technologies and sustainable growth, deep-seated in values. He thinks future-oriented, staying ahead of the emerging trends. Personal, smart mobility, including electrification, are two of his big areas of focus. He has also spearheaded the international growth of TVS Motor. He has the ability to lead high performing teams internationally with empathy. He takes care of people and society. I am sure that with his leadership, the company will grow stronger and further pivot to the future.”

Venu Srinivasan, Chairman Emeritus, TVS Motor Company said, “Sudarshan’s extraordinary efforts have witnessed key decisions to develop aspirational products and grow fast in India and overseas. He has also led some key acquisitions and the expansion of group companies. We are confident that under his leadership, TVS Motor will transform into a leading mobility player globally.”

Sudarshan Venu, Managing Director, TVS Motor Company said, “I am very thankful for this special opportunity and very excited for the future. With the continued guidance of my father and Sir Ralf and the support of the Board and team, I look forward to further embracing the future of mobility. This is an interesting time for the industry globally, and I am passionate about being at the forefront of this.”

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