Sudarshan Venu is an Indian entrepreneur and business executive,[1] currently serving as the Managing Director of TVS Motor Company, a position he assumed in May 2022.[2]
Sudarshan Venu | |
|---|---|
 Sudarshan Venu | |
| Born | 1 February 1989 |
| Nationality | Indian |
| Alma mater | University of Pennsylvania, Wharton School, University of Warwick |
| Occupation(s) | Entrepreneur, Business executive |
| Known for | Managing Director of TVS Motor Company |
| Title | Managing director of TVS Motor |
| Spouse | Tara Sam (m. 2014) |
| Parents |
|
| Relatives | Lakshmi Venu (sister) |
| Family | TVS family |
| Awards | Young Global Leaders by World Economic Forum (2023) |
He was named as a Young Global Leaders by the World Economic Forum in 2023[3] and was included in Fortune India's 40 Under 40 list for 2024.[4]
Early life and education
editSudarshan Venu was born on 1 February 1989 in the TVS family to Venu Srinivasan and Mallika Srinivasan.[5] He graduated from the University of Pennsylvania with Mechanical Engineering and Economics degrees.[6][7]
Venu also holds a postgraduate degree in International Technology Management from the Warwick Manufacturing Group, University of Warwick, UK.[6][7] During his master's studies, he underwent training at the Die Casting division of Sundaram-Clayton Limited and TVS Motor Company Limited.[7][8]
Career
editVenu's career has been with the TVS Group, a Chennai-based conglomerate founded by his great-grandfather.[6][9] He joined the board of Sundaram Clayton, the holding company of TVS Motor Company, in 2011[10][11] and was appointed Vice President later that year.[12] In 2013, he became a full-time Director of TVS Motor Company.[13]
Venu served as Joint Managing Director of TVS Motor Company from 2014[14] to 2022.[15] He played a key role in the company's international expansion into Africa, Southeast Asia, Latin America, and Europe.[16] During his tenure, TVS Motor acquired Norton Motorcycles in 2020 and EGO Movement in 2021.[17]
In February 2022, Sudarshan Venu was elected as an Additional Director of Coromandel International for a period of five years.[18] He is also the chairman of TVS Credit Services.[19] He is a member of the Government of India's National Board for Electric Mobility.[20] In August 2023, he was elected as a member of the Board of Trustees for the Tirumala Tirupati Devasthanams Trust.[21]
Personal life
editVenu married Tara Sam in 2014.[22]
Awards and recognition
edit- In 2012, he was included in India Today magazine's list of "37 Indians of Tomorrow," which recognized individuals under 35 across various fields. He was ranked 20th on the list.[23]
- He was awarded the Corporate Citizen of the Year by The Economic Times in 2016.[24]
- In 2017, he was named one of the Economic Times 40 Under 40.[25]
- In 2023, the World Economic Forum named him a Young Global Leader.[3]
- In August 2023, he received the Moneycontrol's Next-Gen Leader of the Year Award at the Indian Family Business Awards.[26]
- In 2024, Venu was included in the Fortune India's 40 Under 40 list of India's brightest young business leaders.[4]
References
edit- ^ N, Madhavan (14 March 2016). "Sudarshan Venu's fresh thoughts for TVS Motor". Forbes India.
- ^ "Sudarshan Venu elevated as new Managing Director of TVS Motor". Business Today. 5 May 2022.
- ^ a b "Aaditya Thackeray, TVS MD Sudarshan Venu on WEF Young Global Leaders list". Hindustan Times. 14 March 2023.
- ^ a b "Fortune 40 Under 40 list 2024". Fortune India. May 2024.
- ^ "TVS MOTOR COMPANY LIMITED Notice to Shareholders". tvsmotor.com. TVS Motor Company. Retrieved 4 June 2024.
- ^ a b c "Meet Sudarshan Venu, as he rides in to steady TVS Motor". Business Standard. 20 July 2013.
- ^ a b c Lakshmi, Kumarswami (24 December 2012). "Wheel of Fortune: Sudarshan Venu, works hard to bring TVS Motor' back to top spot". India Today.
- ^ "India Inc's GenNext club". NDTV. 14 September 2011.
- ^ Philip, Liji (9 September 2015). "Will members of the fourth generation of TVS Group take more risks?". The Economic Times.
- ^ "Sudarshan Venu joins Sundaram-Clayton Board of Directors". Moneylife. 5 September 2011.
- ^ Nandini Sen, Gupta (1 February 2013). "Bigger role for Sudarshan at TVS". The Times of India.
- ^ "Sudarshan Venu joins TVS board". The Hindu. 2 February 2013.
- ^ Arundhati, Ramanathan (1 February 2013). "Sudarshan Venu joins TVS Motor board as additional director". Mint.
- ^ "Sudarshan Venu is Joint MD of TVS Motor". The Economic Times. 11 September 2014.
- ^ "TVS Motor re-appoints Sudarshan Venu as Joint MD for five years". The New Indian Express. 24 December 2017.
- ^ "Newsmaker of 2020: Sudarshan Venu". Autocarpro. 4 January 2021.
- ^ Thakkar, Ketan (17 September 2021). "TVS Motor enters Europe's e-bike market, acquires Swiss company EGO Movement". The Economic Times. Archived from the original on 6 October 2021.
- ^ "Board of Coromandel International appoints Sudarshan Venu as Additional Director". The Times of India. 3 February 2022.
- ^ "TVS Credit raises ₹480 crore capital from Premji Invest". Business Line. 9 June 2023.
- ^ "Government sets up National Board for Electric Mobility". The Economic Times. 3 April 2017.
- ^ "Sudarshan Venu takes oath as TTD member-trustee". Business Line. 27 August 2023.
- ^ "TVS Motors' Sudarshan Venu to tie the knot". Business Standard. 7 April 2014.
- ^ "Indians of Tomorrow". India Today. December 2012.
- ^ "The winners of the 2016 ET Awards". The Economic Times. 17 December 2016.
- ^ Rebello, Maleeva; Reddy, Sujata; Menon, Rashmi (10 July 2017). "Fab 40: Diet & exercise keep Hero, TVS, Wockhardt Gen-Y bosses in shape". The Economic Times.
- ^ "Indian Family Business Award 2022: Sudarshan Venu, the Next-Gen Leader for TVS Motor Company". Moneycontrol. 19 August 2023.