The group's subsidiaries are owned by three holding companies, viz., TVS & Sons, Sundaram Industries and TVS Holding Companies. TVS & Sons is the parent company of the group.[1]
The three holding companies of the subsidiaries are:
T. V. Sundram Iyengar & Sons Private Ltd. (TVS & Sons)
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. T. V. Sundram Iyengar founded the group in 1911 with the establishment of T. V. Sundram Iyengar & Sons in Madurai.
Sundram Iyengar and Lakshmi Ammal had eight children – five sons and three daughters. The five sons all joined the family business. The eldest son – T. S. Doraisamy died in 1943 and the other four sons – T. S. Rajam, T. S. Santhanam, T. S. Srinivasan and T. S. Krishna continued to run different businesses.[6]
Of the daughters, Dr. T. S. Soundram was a physician, social reformer and politician.[7]