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Current Affairs-Topics
A Key TVS Figure, H Lakshmanan, Died
Following age-related health complications, H. Lakshmanan, the former Executive Director of Sundaram-Clayton (now TVS Holdings Ltd), passed away at the age of 91. He began his career as a typist and rose to become a trusted advisor to the TVS family, serving as a pivotal figure in the TVS Group for almost 70 years. His strategic vision is well-known. |
After battling age-related illnesses, H Lakshmanan, the former Executive Director of Sundaram-Clayton (now TVS Holdings Ltd), passed away at the age of 91. For almost 70 years, he played a pivotal role in the TVS Group, greatly influencing its expansion and prosperity. Lakshmanan, who began his career as a typist, became a trusted confidant of the TVS family and was renowned for his outstanding managerial abilities, strategic vision, and unwavering commitment to the business.
Important Contributions and Legacy
Early Career and Ascent
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At the age of 20, Lakshmanan started working as a typist and eventually rose to become an essential member of the TVS Group.
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The late TVS patriarch T S Srinivasan and his son Venu Srinivasan, the Chairman Emeritus of TVS Motor Company, trusted him.
Important Functions in Development
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Contributed significantly to the creation of the Padi manufacturing facility in the 1960s.
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During his tenure from 1960 to 2015, he made a substantial contribution to the company's growth and strategic direction.
Joint ventures and strategic alliances
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Playing a key role in establishing joint venture contracts with international partners, Dunlop (for wheels)
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(For air brakes) Clayton
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Girling (for India's Brakes)
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Lucas (for TVS Lucas)
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Important negotiator in high-stakes agreements like the BMW TVS Motor licensing deal and the Suzuki joint venture.
Human Resources and Labor Realities
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Played a vital part in labor talks, settling union conflicts and creating a peaceful workplace.
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Resolved important labor disputes in Hosur in the late 1980s and Chennai in the 1970s.
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Gained respect for his composed, unwavering approach to banking and HR issues.
Appreciation and Deference
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Venu Srinivasan has referred to him as the "Chanakya" of the TVS industrial empire because of his exceptional business sense and growth-promoting contributions.
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Known as the “Bhishma Pitamaha” of TVS, he was acknowledged by union leaders, including INTUC leader R Kuppusamy, who praised his efforts to improve the lives of workers and settle disputes.
A Tradition of Honesty and Commitment
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Lakshmanan left behind a legacy of devotion, integrity, trust, and superior management.
He made a lasting impression on the TVS Group by establishing a benchmark for morals and leadership.
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