Sudarshan Venu

Sudarshan Venu
Sudarshan Venu
Born (1989-02-01) 1 February 1989 (age 35)
NationalityIndian
Alma materUniversity of Pennsylvania, Wharton School, University of Warwick
Occupation(s)Entrepreneur, Business executive
Known forManaging Director of TVS Motor Company
TitleManaging director of TVS Motor
SpouseTara Sam (m. 2014)
Parents
RelativesLakshmi Venu (sister)
FamilyTVS family
AwardsYoung Global Leaders by World Economic Forum (2023)

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]

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

Sudarshan 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

Venu'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

Venu married Tara Sam in 2014.[22]

Awards and recognition

  • 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

  1. ^ N, Madhavan (14 March 2016). "Sudarshan Venu's fresh thoughts for TVS Motor". Forbes India.
  2. ^ "Sudarshan Venu elevated as new Managing Director of TVS Motor". Business Today. 5 May 2022.
  3. ^ a b "Aaditya Thackeray, TVS MD Sudarshan Venu on WEF Young Global Leaders list". Hindustan Times. 14 March 2023.
  4. ^ a b "Fortune 40 Under 40 list 2024". Fortune India. May 2024.
  5. ^ "TVS MOTOR COMPANY LIMITED Notice to Shareholders". tvsmotor.com. TVS Motor Company. Retrieved 4 June 2024.
  6. ^ a b c "Meet Sudarshan Venu, as he rides in to steady TVS Motor". Business Standard. 20 July 2013.
  7. ^ 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.
  8. ^ "India Inc's GenNext club". NDTV. 14 September 2011.
  9. ^ Philip, Liji (9 September 2015). "Will members of the fourth generation of TVS Group take more risks?". The Economic Times.
  10. ^ "Sudarshan Venu joins Sundaram-Clayton Board of Directors". Moneylife. 5 September 2011.
  11. ^ Nandini Sen, Gupta (1 February 2013). "Bigger role for Sudarshan at TVS". The Times of India.
  12. ^ "Sudarshan Venu joins TVS board". The Hindu. 2 February 2013.
  13. ^ Arundhati, Ramanathan (1 February 2013). "Sudarshan Venu joins TVS Motor board as additional director". Mint.
  14. ^ "Sudarshan Venu is Joint MD of TVS Motor". The Economic Times. 11 September 2014.
  15. ^ "TVS Motor re-appoints Sudarshan Venu as Joint MD for five years". The New Indian Express. 24 December 2017.
  16. ^ "Newsmaker of 2020: Sudarshan Venu". Autocarpro. 4 January 2021.
  17. ^ 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.
  18. ^ "Board of Coromandel International appoints Sudarshan Venu as Additional Director". The Times of India. 3 February 2022.
  19. ^ "TVS Credit raises ₹480 crore capital from Premji Invest". Business Line. 9 June 2023.
  20. ^ "Government sets up National Board for Electric Mobility". The Economic Times. 3 April 2017.
  21. ^ "Sudarshan Venu takes oath as TTD member-trustee". Business Line. 27 August 2023.
  22. ^ "TVS Motors' Sudarshan Venu to tie the knot". Business Standard. 7 April 2014.
  23. ^ "Indians of Tomorrow". India Today. December 2012.
  24. ^ "The winners of the 2016 ET Awards". The Economic Times. 17 December 2016.
  25. ^ 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.
  26. ^ "Indian Family Business Award 2022: Sudarshan Venu, the Next-Gen Leader for TVS Motor Company". Moneycontrol. 19 August 2023.