TV Sundram Iyengar & Sons Ltd is one of India’s largest players in the independent automobile aftermarket business. Its arm, the over ₹7,000-crore TVS Supply Chain Solutions Ltd (TVSSCSL), has emerged as India’s largest and fully-integrated supply chain management player and among the top 25 players globally. Another arm, the over ₹1,000-crore TVS Automobile Solutions Ltd (TVSASL), is a leader in the automotive aftermarket segment. Joint Managing Director of TVS & Sons, R Dinesh, who spearheaded the growth of the logistics and aftermarket businesses, spoke to BusinessLine on the economic recovery, disruption caused by Covid-9 and growth plans. Excerpts:
How do you view the economic revival? What is your outlook for the next two quarters?
Pent-up demand kicked up the Q2 upswing and my view is that lack of spending options for consumers during the last five months means that there will be stronger-than-normal spend going forward also. Also, if you look at the base, H2 of last…
