TVS Supply Chain Solutions (TVS SCS) is an Indian multinational

transportation Transport (in British English) or transportation (in American English) is the intentional Motion, movement of humans, animals, and cargo, goods from one location to another. Mode of transport, Modes of transport include aviation, air, land tr ...

logistics Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the ...

and

warehousing A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the rural–urban fringe, out ...

company. It provides

supply chain management In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished produc ...

services to customers in the automotive, consumer goods, defence and utility sectors in India, the United Kingdom, Europe and the US. It is part of the

TVS Group TVS Group is an Indian multinational conglomerate with its principal headquarters in Madurai and international headquarters in Chennai. It has more than 50 subsidiaries including the two-wheeler manufacturer TVS Motor Company and TVS Supply ...

of companies. TVS's major UK customers include

Isuzu , commonly known as Isuzu (, ), is a Japanese multinational automobile manufacturer headquartered in Yokohama, Kanagawa Prefecture. Its principal activity is the production, marketing and sale of Isuzu commercial vehicles and diesel engines ...

, Daimler Trucks and

Dennis Eagle Dennis Eagle Limited is an English garbage truck, bin lorry manufacturer owned by Terberg Group#Terberg RosRoca Group, Terberg Environmental. Overview Before operations were merged with Terberg Group#Terberg RosRoca Group, Terberg Environm ...

in the automotive sector; the

Ministry of Defence A ministry of defence or defense (see American and British English spelling differences#-ce.2C -se, spelling differences), also known as a department of defence or defense, is the part of a government responsible for matters of defence and Mi ...

in the defence sector; and

Network Rail Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and railway infrastructure manager, infrastructure manager of most of the railway network in Great Britain. ...

Electricity North West Electricity North West Limited is a British electricity distribution network operator, responsible for the administration and maintenance of the network, that distributes electricity to much of North West England. In 2023 it began a £2 billion ...

and

United Utilities United Utilities Group plc (UU) is the United Kingdom's largest listed water company. It was founded in 1995 as a result of the merger of North West Water and NORWEB. The group manages the regulated water and waste water network in North West En ...

in the utility sector.

History

The company began in 1995 as TVS Logistics, a division of TVS & Sons, before being hived off as a separate company in 2004 as TVS Logistics Services Ltd. (TVS LSL). In 2004 it bought out the UK based CJ Components – an automotive component sourcing company. The company pursued further acquisitions across Europe, the UK, the USA, Singapore and Australia. In 2009, TVS LSL acquired Multipart Holding, which is among the top three after market logistics companies in UK. With the Multipart acquisition, TVS LSL formed a European subsidiary, TVS Supply Chain Solutions (TVS SCS) from JC and Multipart. This was followed in 2012 by the acquisition of same day courier and IT support and logistics firm Rico Logistics for . Rico operated as a subsidiary of TVS SCS and was renamed TVS SCS Rico in 2017. TVS Logistics was then renamed to TVS Supply Chain Solutions in 2019. In 2020, Mitsubishi Corp invested in TVS Supply Chain Solutions for minority stake. In August 2023, the company launched its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

and got listed on the Indian stock exchanges.

References

{{reflist, 2 Indian companies established in 1995 Logistics companies of India TVS Group Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange 2023 initial public offerings Family-owned companies of India