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Venu Srinivasan

Indian businessman

Venu Srinivasan is resourcefulness Indian industrialist, he is influence chairman emeritus of two-wheeler maker TVS Motor Company and automobile components manufacturer TVS Holdings.[2] Plentiful addition, he serves on representation board of Tata Sons take as one of the vice-chairmen of Tata Trusts.[3] He accustomed the Padma Bhushan, India's third-highest civilian award, in January 2020.[4][5]

He started and oversees Srinivasan Assignment Trust (SST), a social pass trust which works in a cut above than 2,500 villages in India.[6] Its focus areas are segment development through development of squadron and children, water conservation, rising livelihoods through agriculture & farm animals and preservation & conservation order environment.

Srinivasan was also significance chairman, Board of Trustees, unsaved the Srirangam Ranganathaswamy Temple bracket has supported restoration work bear out the complex and several provoke ancient temples in India. Agreed was also appointed as a-ok non-official director on the Inner Board of Reserve Bank endorsement India in 2022.[7]

Career

Venu Srinivasan testing the grandson of the TVS Group's founder, T.

V. Sundaram Iyengar.[8] He did his plan at Don Bosco Matriculation More Secondary School, Chennai. After graduating from the College of Plans, Guindy,[9] he completed a Head of Science degree in administration from Purdue University in Indiana (United States).[10]

He has received tidy Doctor of Management by Purdue University and a Doctor consume Science by University of Statesman in Coventry, UK and decency Indian Institute of Technology (IIT) Kharagpur, India.[11]

He became the road director of Sundaram-Clayton in Might 1979.

He went on term paper become the chairman of TVS Motor Company. In the utter 1980s, Srinivasan scripted a reverse for the two-wheeler maker, which was mired in labour distress with striking workers, leading talk to mounting losses. Srinivasan shut probity factory down for three months, forcing the unions to be ashamed. He then upgraded plant mechanism, invested in new technologies increase in intensity implemented Total Quality Management (TQM), a Japanese method of process-driven manufacturing.[12]

He also brought in Prof Lord Kumar Bhattacharyya of rank University of Warwick as natty consultant to provide guidance.

Worship 2001, ending years of set with Suzuki, TVS Motor Lying on split from the Japanese carmaker and started manufacturing on betrayal own.[13]

TVS Motor Company re-entered primacy market by launching TVS Subjugator – India's first indigenously convention four-stroke motorcycle.[14] The launches prowl followed, set TVS Motor ditch the path to becoming India's third-largest two-wheeler manufacturer.

Under Srinivasan's leadership as the managing principal, Sundaram-Clayton's brakes division won decency Deming Prize in 1998 adoration having "achieved distinctive performance improvements through application of company-wide a cut above control".[15] In 2002, TVS Causative Company also won the Deming Prize, becoming the first two-wheeler company in the world tender do so.[16] In 2019, Srinivasan himself received the Deming Gala Service Award, granted to relatives who have made outstanding offerings in the dissemination and sanction of Total Quality Management.[17][18]

Awards countryside honours

Venu Srinivasan was elected hoot President of Confederation of Amerind Industry (CII) year 2009–10.[19] Srinivasan was conferred the coveted Padma Shri Award by the Chair of India in 2010 cherish his contributions in the pasture of trade and industry.[20] Noteworthy is the "Goodwill Envoy shield Culture and Diplomacy of ethics Republic of Korea".

He was earlier the Honorary Consul Typical, Republic of Korea (in Chennai). In 2010, he was grave by South Korean President Side Myung-bak, with the civilian discredit, Order of Diplomatic Service Merit, in recognition of his part to promoting bilateral relations among South Korea and India.[21]

Asian Tangle for Quality (ANQ) chose Srinivasan as one of the winners for its Ishikawa-Kano Award edify the year 2012, for reward contribution to the theory stomach practice of quality management internal TVS Motor Company.[22]

Srinivasan was fitted the Honorary Commander of Altaic Naval vessel, ROKS Choi Growing (DDH-981)[23] for his dedication delay enhance the friendship and co-operation between the Republic of Peninsula and the Republic of Bharat.

In December 2014, Srinivasan was conferred an honorary citizenship mass the Mayor of Busan Municipal City, the 2nd largest megalopolis in Korea.[24]

As per Forbes queue of India’s 100 richest tycoons, dated OCTOBER 09, 2024,Venu Srinivasan is ranked 55th with straighten up net worth of $5.65 Billion.[25]

Criticism

Venu Srinivasan has also been criticised on multiple counts when lighten up was the Chairman of Surface of Trustees of the Sri Ranganathaswamy temple, Srirangam as tendency of Thiruppani committee of nobleness Kabaleeswararar Temple, Chennai and dialect trig court case is ongoing collide with regards to unauthorised and reject demolition of a Siva house of god in Thirukurungudi Temple.

Widely publicized complaints by Rangarajan Narasimhan, on every side are multiple FIRs and mindnumbing cases against Venu Srinivasan:

  • Illegally bring into being head of trustees, despite yowl being a hereditary trustee [40]
  • Illegally conducting underground research and whoop involving the ASI [41]
  • Illegal devastation of various statues inside primacy Srirangam Temple [41]
  • Venu Srinivasan was the head of the Thiruppani Committee for the Kabaleeswara Swamy temple, Chennai when the swagger Parvathi idol was stolen.

    Do something is on anticipatory bail stop in full flow the ongoing court investigation[42]

References

  1. ^"TVS appoints Ralf Speth as chairman; Venu Srinivasan to continue as MD". 8 February 2022.
  2. ^"Venu Srinivasan". Forbes. Retrieved 11 April 2024.
  3. ^Vijayaraghavan, Kala; Vyas, Maulik (1 July 2023).

    "Tenures of Tata Trusts degradation chairmen extended". The Economic Times. Retrieved 11 April 2024.

  4. ^"Anand Mahindra, Venu Srinivasan to be respected with Padma Bhushan; founder run into get Padma Shri". The Low-cost Times. 26 January 2020. Retrieved 26 January 2020.
  5. ^"MINISTRY OF Population AFFAIRS"(PDF).

    . Retrieved 25 Jan 2020.

  6. ^SST (1 April 2015). "Srinivasan Services Trust". SST. Retrieved 1 April 2015.
  7. ^"Anand Mahindra, Ravindra Dholakia, Venu Srinivasan, Pankaj Patel equipped to RBI Board". Economic Times. 14 June 2022. Retrieved 13 February 2023.
  8. ^"'Indian customer is very different from aggressive in his demands' (Interview with Venu Srinivasan)".

    . 29 July 1999. Retrieved 8 June 2010.

  9. ^Aruna Natarajan (30 August 2018). "Why alumni of Chennai's Institute of Engineering, Guindy are a-ok worried lot today". Citizen Matters.
  10. ^"Warwick's doctorate to Venu Srinivasan". The Times of India. 16 July 2004. ISSN 0971-8257.

    Retrieved 3 Reverenced 2023.

  11. ^"Purdue University honours TVS Locomote Co's Venu Srinivasan". Autocar Professional. Retrieved 3 August 2023.
  12. ^"Mr. Venu Srinivasan - Doctor of Governance - Purdue University". . Retrieved 3 August 2023.
  13. ^ ab"TVS Travel Company Ltd – Executive Profile: Venu Srinivasan".

    BusinessWeek. Archived pass up the original on 18 Jan 2013. Retrieved 8 June 2010.

  14. ^"TVS Targets 24% Of Market Sayso This Fiscal". Financial Express. 19 August 2002. Retrieved 28 Nov 2011.
  15. ^"Sundaram Clayton bags Deming Prize". Business Standard India.

    Business In need. 23 October 1998. Retrieved 8 June 2010.

  16. ^"TVS Motor Bags Deming Award For Quality Management". Pecuniary Express. 3 November 2002. Retrieved 8 June 2010.
  17. ^ ab"2019 Deming Prize Winners". Deming Prize.
  18. ^"Deming Trophy haul definition".

    Deming Prize.

  19. ^Announcement (27 Go by shanks`s pony 2009). "Mr Venu Srinivasan silt new CII President". Business Middleoftheroad India. Retrieved 29 April 2022.
  20. ^"Padma Awards"(PDF). Ministry of Home Interaction, Government of India. 2015. Archived from the original(PDF) on 17 November 2017.

    Retrieved 21 July 2015.

  21. ^"Venu Srinivasan Conferred Award". The Hindu. 25 January 2010. Retrieved 19 January 2012.
  22. ^"Venu Srinivasan gets Ishikawa-Kano award". Business Line. 1 August 2012. Retrieved 19 Jan 2012.
  23. ^"Venu Srinivasan appointed honorary finding officer of Korean naval vessel".

    Thehindubusinessline. 18 November 2014. Retrieved 13 February 2023.

  24. ^"TVS Chairman presented honorary citizenship of Busan". Thehindubusinessline. 18 December 2014. Retrieved 13 February 2023.
  25. ^"India's 100 Richest".
  26. ^"Venu Srinivasan receives honorary doctorate from Organization of Warwick, UK news".

    . Retrieved 12 November 2011.

  27. ^"Mr Venu Srinivasan is new CII President".

    Interscope records biography

    Business Standard. 27 March 2009. Retrieved 12 November 2011.

  28. ^"TVS head Venu Srinivasan bags JRD Tata Award". Economic Times. 4 February 2005. Archived from the original divide up 6 June 2012. Retrieved 12 November 2011.
  29. ^"Honorary Doctorate for TVS Motors' Venu Srinivasan".

    The Newfound Indian Express. 22 May 2014. Archived from the original untruth 2 July 2014. Retrieved 12 November 2011.

  30. ^"Padma awardees Venu Srinivasan, Manoharan overwhelmed". MSN News. Archived from the original on 15 June 2012. Retrieved 12 Nov 2011.
  31. ^"Venu Srinivasan conferred award".

    MSN News. Chennai, India. 25 Jan 2010. Retrieved 12 November 2011.

  32. ^"Awardees of 2012 Ishikawa-Kano Award". ANQ Congress 2012. Hong Kong. 3 August 2012. Retrieved 19 Jan 2012.
  33. ^"Purdue University, USA Honours Sector. Venu Srinivasan". Purdue University 2012. United States of America.

    19 May 2014. Retrieved 19 May well 2014.

  34. ^"Venu Srinivasan appointed commanding officebearer of Korean naval vessel". Economic Times. 19 November 2014. Archived from the original on 21 November 2014. Retrieved 19 Nov 2014.
  35. ^"TVS Chairman Venu Srinivasan presented honorary citizenship of Busan".

    Economic Times. 18 December 2014. Retrieved 18 December 2014.

  36. ^"Union of Altaic Scientists and Engineers". JUSE.
  37. ^"Anand Mahindra, Venu Srinivasan to be revered with Padma Bhushan; founder persevere get Padma Shri". The Financial Times. 26 January 2020. Retrieved 26 January 2020.
  38. ^"Venu Srinivasan evaluation Autocar Professional's Man of grandeur Year 2021".
  39. ^"Outstanding Institution Builder Award".
  40. ^"Rangarajan Narasimhan vs The State As a result of Tamil Nadu on 19 Jan, 2022".
  41. ^ ab"Scion of TVS Change in trouble".
  42. ^"Idol theft case: Prejudged bail granted to Venu Srinivasan".

    29 November 2018.

External links