TVS Ownership aligned to family units..
TVS. the largest iconic business house of TamilNadu, is recently in the news for re-structuring ownership/management of its unit companies.The management has come down to the third and fourth generations. The group has recorded huge, continuous growth over a century. Through these years the family has maintained control by the descendants and kept the group image intact.
The TVS group seems to be realising the ground realities and is trying to stay together by seeking to live separately. It is now rewriting the way it will run the business conglomerate in the future The TVS group seems to be realising the ground realities and is trying to stay together by seeking to live separately. It is now rewriting the way it will run the business conglomerate in the future
To read the 3 page complete article..
Interested reader may access the complete article (Page 25 to 27 ) in the Industrial Economist January 2021 issue.
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