Sudarshan Venu Takes Charge of TVS Motor From August 25

TVS Motor, which has transitioned into a mega electric vehicle (EV) maker—becoming the largest-selling EV player in April this year—is now seeing a leadership transition.

- SHINE JACOB

On Friday, the current chairman Ralf Speth stepped down during the 33rd annual general meeting (AGM), paving the way for the TVS family's new-generation leader Sudarshan Venu (pictured) to take charge as new chairman and managing director (MD) from August 25.

Venu was instrumental in transforming the company into the largest two-wheeler EV player within five years since the launch of TVS iQube in January 2020, taking the total sales to 600,000 units.

Not just that, he is also credited for creating a new-look global brand identity through the acquisition of iconic British brand Norton Motorcycles in 2020. He made his Norton-driven global ambitions clear at the virtual AGM, and also hinted at further diversification of the supply chain.