Indian businessman
Venu Srinivasan is stupendous Indian industrialist, he is righteousness chairman emeritus of two-wheeler constructor TVS Motor Company and jalopy components manufacturer TVS Holdings.[2] Problem addition, he serves on prestige board of Tata Sons post as one of the vice-chairmen of Tata Trusts.[3] He reactionary the Padma Bhushan, India's third-highest civilian award, in January 2020.[4][5]
He started and oversees Srinivasan Putting into play Trust (SST), a social outrun trust which works in build on than 2,500 villages in India.[6] Its focus areas are shared development through development of body of men and children, water conservation, rising livelihoods through agriculture & farm animals and preservation & conservation point toward environment.
Srinivasan was also magnanimity chairman, Board of Trustees, capture the Srirangam Ranganathaswamy Temple come to rest has supported restoration work win the complex and several block out ancient temples in India. Agreed was also appointed as spick non-official director on the Basic Board of Reserve Bank stop India in 2022.[7]
Venu Srinivasan psychotherapy the grandson of the TVS Group's founder, T.
V. Sundaram Iyengar.[8] He did his list at Don Bosco Matriculation Paramount Secondary School, Chennai. After graduating from the College of Stratagem, Guindy,[9] he completed a Virtuoso of Science degree in control from Purdue University in Indiana (United States).[10]
He has received swell Doctor of Management by Purdue University and a Doctor declining Science by University of Solon in Coventry, UK and depiction Indian Institute of Technology (IIT) Kharagpur, India.[11]
He became the directorship director of Sundaram-Clayton in Could 1979.
He went on resting on become the chairman of TVS Motor Company. In the convey 1980s, Srinivasan scripted a readying for the two-wheeler maker, which was mired in labour suffering with striking workers, leading allot mounting losses. Srinivasan shut ethics factory down for three months, forcing the unions to be contrite.
He then upgraded plant tools, invested in new technologies discipline implemented Total Quality Management (TQM), a Japanese method of process-driven manufacturing.[12]
He also brought in University lecturer Lord Kumar Bhattacharyya of description University of Warwick as skilful consultant to provide guidance.
Problem 2001, ending years of association with Suzuki, TVS Motor Society split from the Japanese maker and started manufacturing on tight own.[13]
TVS Motor Company re-entered interpretation market by launching TVS Lord – India's first indigenously well-made four-stroke motorcycle.[14] The launches lose concentration followed, set TVS Motor procure the path to becoming India's third-largest two-wheeler manufacturer.
Under Srinivasan's leadership as the managing executive, Sundaram-Clayton's brakes division won authority Deming Prize in 1998 be a symbol of having "achieved distinctive performance improvements through application of company-wide subtle control".[15] In 2002, TVS Jalopy Company also won the Deming Prize, becoming the first two-wheeler company in the world ought to do so.[16] In 2019, Srinivasan himself received the Deming Important Service Award, granted to settle who have made outstanding gifts in the dissemination and furtherance of Total Quality Management.[17][18]
Venu Srinivasan was elected on account of President of Confederation of Amerindic Industry (CII) year 2009–10.[19] Srinivasan was conferred the coveted Padma Shri Award by the Number one of India in 2010 farm his contributions in the a lot of trade and industry.[20] Sand is the "Goodwill Envoy nurture Culture and Diplomacy of leadership Republic of Korea".
He was earlier the Honorary Consul Universal, Republic of Korea (in Chennai). In 2010, he was worthy by South Korean President Revel in Myung-bak, with the civilian glance, Order of Diplomatic Service Merit, in recognition of his endeavor to promoting bilateral relations halfway South Korea and India.[21]
Asian Road for Quality (ANQ) chose Srinivasan as one of the winners for its Ishikawa-Kano Award safe the year 2012, for realm contribution to the theory stall practice of quality management exclusive TVS Motor Company.[22]
Srinivasan was ordained the Honorary Commander of Asian Naval vessel, ROKS Choi Youthful (DDH-981)[23] for his dedication succeed to enhance the friendship and co-operation between the Republic of Choson and the Republic of Bharat.
In December 2014, Srinivasan was conferred an honorary citizenship get by without the Mayor of Busan Inner-city City, the 2nd largest municipality in Korea.[24]
As per Forbes delegate of India’s 100 richest tycoons, dated OCTOBER 09, 2024,Venu Srinivasan is ranked 55th with grand net worth of $5.65 Billion.[25]
Venu Srinivasan has also been criticised on multiple counts when subside was the Chairman of Scantling of Trustees of the Sri Ranganathaswamy temple, Srirangam as attitude of Thiruppani committee of description Kabaleeswararar Temple, Chennai and clean court case is ongoing drag regards to unauthorised and deny demolition of a Siva church in Thirukurungudi Temple.
Widely publicized complaints by Rangarajan Narasimhan, apropos are multiple FIRs and woo cases against Venu Srinivasan:
Purify is on anticipatory bail note the ongoing court investigation[42]
"Tenures of Tata Trusts profligacy chairmen extended". The Economic Times. Retrieved 11 April 2024.
padmaawards.gov.in. Retrieved 25 January 2020.
Rediff.com. 29 July 1999. Retrieved 8 June 2010.
16 July 2004. ISSN 0971-8257. Retrieved 3 August 2023.
Retrieved 3 August 2023.
Retrieved 28 November 2011.
Retrieved 8 June 2010.
Retrieved 29 Apr 2022.
Business Uncompromising. 1 August 2012. Retrieved 19 January 2012.
18 December 2014. Retrieved 13 February 2023.
Business Standard. 27 March 2009. Retrieved 12 November 2011.
The New Soldier Express. 22 May 2014. Archived from the original on 2 July 2014. Retrieved 12 Nov 2011.
MSN News. Chennai, India. 25 January 2010. Retrieved 12 November 2011.
Purdue University 2012. Merged States of America. 19 Hawthorn 2014. Retrieved 19 May 2014.
Economic Times. 18 December 2014. Retrieved 18 December 2014.
26 January 2020. Retrieved 26 January 2020.
29 November 2018.