Venu Srinivasan, Chairman, TVS Motor Company, was presented the prestigious Padma Bhushan Award by the President of India, Shri Ram Nath Kovind, at the Rashtrapati Bhavan on Tuesday.
Venu took over as the CEO of Sundaram-Clayton, the holding Company of TVS Motor, in 1979. In the same year, TVS Motor Company was born and under Venu Srinivasan’s persistent and diligent work grew to be the third largest two-wheeler manufacturing unit in India.
Hard work, persistence and self-belief maketh the man Venu Srinivasan. He began his career as a mechanic in his own garage during vacations and put in long, gruelling hours of preparation for his task ahead. With the success of TVS, he has demonstrated that an Indian company can grow to be a company of global quality and recognition and manufacture products which would match or even exceed the best in the world by adopting the right work ethos and successful work culture.
A perfectionist and a visionary, Venu Srinivasan pioneered the TQM (Total Quality Management) concept based on the Japanese model, long before most enterprises in India did. His obsession with excellence and quality bore rich dividends with Sundaram Clayton and TVS Motor Company winning the global quality benchmark – the Deming Application Prize in 2002.
Venu Srinivasan, is the first Industrialist from India to be conferred with the Deming ‘Distinguished Service Award for Dissemination and Promotion Overseas’ in the year 2019, for his contributions in the field of Total Quality Management (TQM).