Sudarshan Venu
Sudarshan Venu | |
|---|---|
Sudarshan Venu | |
| Born | 1 February 1989 |
| Alma mater | University of Pennsylvania, Wharton School, University of Warwick |
| Occupations | Entrepreneur, Business executive |
| Known for | Managing Director of TVS Motor Company |
| Title | Chairman & Managing director of TVS Motor, Managing Director of TVS Holdings |
| Spouse | Tara Sam (m. 2014) |
| Parents |
|
| Relatives | Lakshmi Venu (sister) |
| Family | TVS family |
| Awards | Young Global Leaders by World Economic Forum (2023) |
Sudarshan Venu is an Indian entrepreneur and business executive,[1] currently serving as the Chairman and Managing director of TVS Motor Company, a manufacturer of two- and three-wheelers.[2] Additionally, he serves as the Managing Director of TVS Holdings and heads its affiliated companies, including TVS Credit Services, Home Credit India, and TVS Emerald.[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] and 2025.[5]
Early life and education
Sudarshan Venu was born on 1 February 1989 in the TVS family to Venu Srinivasan and Mallika Srinivasan.[6] He graduated from the University of Pennsylvania with Mechanical Engineering and Economics degrees.[7][8]
Sudarshan also holds a postgraduate degree in International Technology Management from the Warwick Manufacturing Group, University of Warwick, UK.[7][8] During his master's studies, he underwent training at the Die Casting division of Sundaram-Clayton Limited and TVS Motor Company Limited.[8][9]
Career
Sudarshan's career has been with the TVS Group, a Chennai-based conglomerate founded by his great-grandfather.[7][10] He joined the board of Sundaram Clayton, the holding company of TVS Motor Company, in 2011[11][12] and was appointed Vice President later that year.[13] In 2013, he became a full-time Director of TVS Motor Company.[14]
Sudarshan served as Joint Managing Director of TVS Motor Company from 2014[15] to 2022.[16] He played a key role in the company's international expansion into Africa, Southeast Asia, Latin America, and Europe.[17] During his tenure, TVS Motor acquired Norton Motorcycles in 2020 and EGO Movement in 2021.[18]
Before Sudarshan assumed leadership, TVS Motor had a limited presence in the electric vehicle segment, with a market share of around 2% in FY21 and 4% in FY22, while several companies had established an early lead in the sector.[19] Under his leadership, the company expanded into electric mobility with the launch of the TVS iQube Electric, which became one of the leading electric two-wheeler brands[2]in India, and as of 2025, TVS Motor held a 19% share of the electric two-wheeler market and a 25% share of the scooter market, ranking second after Honda.[19] Sudarshan also focused on premiumisation in the domestic market, with TVS increasing its share in the 150–200 cubic centimetre premium motorcycle segment.[20]
In February 2022, Sudarshan Venu was elected as an Additional Director of Coromandel International for a period of five years.[21] He became the Managing Director of TVS Motor Company in May 2022.[22]
He is also the chairman of TVS Credit Services.[23] He is a member of the Government of India's National Board for Electric Mobility.[24] In August 2023, he was elected as a member of the Board of Trustees for the Tirumala Tirupati Devasthanams Trust.[25] In September 2025, Sudarshan began his second tenure as a member of the Tirumala Tirupati Devasthanams Trust Board, filling the unassumed term of retired judge H.L. Dattu.[26]
In August 2025, he was elevated to Chairman of TVS Motor Company, succeeding Ralf Speth.[2]
Personal life
Sudarshan married Tara Sam in 2014.[27]
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.[28]
- He was awarded the Corporate Citizen of the Year by The Economic Times in 2016.[29]
- In 2017, he was named one of The Economic Times 40 Under 40.[30]
- 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.[31]
- In 2024, Sudarshan was included in the Fortune India's 40 Under 40 list of India's brightest young business leaders.[4]
- In 2025, he was named to Fortune India's 40 Under 40 list.[5]
- In 2025, he was also awarded the Best CEO in the Manufacturing and Retail Excellence category by Business Today.[32]
References
- ^ N, Madhavan (14 March 2016). "Sudarshan Venu's fresh thoughts for TVS Motor". Forbes India.
- ^ a b c d Jacob, Shine (5 June 2025). "Son rise at TVS Motor: Sudarshan Venu to take charge as chairman in August". Business Standard.
- ^ 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.
- ^ a b "40 under 40 - 2025". Fortune India. 2025.
- ^ "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.
- ^ a b Oriel, Astha (30 March 2025). "Inside Sudarshan Venu's bet to electrify TVS". Business Today.
- ^ Dhar, Karan (9 October 2024). "Sudarshan Venu Takes TVS Premium". Fortune India.
- ^ "Board of Coromandel International appoints Sudarshan Venu as Additional Director". The Times of India. 3 February 2022.
- ^ "Sudarshan Venu elevated as new Managing Director of TVS Motor". Business Today. 5 May 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.
- ^ Raghavendra, V. (11 September 2025). "Sudarshan Venu appointed TTD Trust Board member". The Hindu.
- ^ "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.
- ^ "BT MindRush 2025". Mediabrief. 25 March 2025.