The Company was originally incorporated as ‘TVS Logistics Services Limited’ in Madurai, a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 16, 2004 and certificate of commencement of business dated November 29, 2004 issued by the Registrar of Companies, Tamil Nadu. Thereafter, the name of the company was changed to its present name, ‘TVS Supply Chain Solutions Limited’, pursuant to a special resolution passed in the extra-ordinary general meeting of the Shareholders held on November 19, 2018, as part of corporate rebranding and to reflect its core activities. Consequently, a certificate of incorporation pursuant to change of name dated February 27, 2019 was issued by the RoC to reflect the change in name.
The company is India’s largest and among the fastest growing integrated supply chain solutions provider among Indian listed supply chain solutions companies in terms of revenues and revenue growth, respectively, in Fiscal 2023, according to the Redseer Report. The company is an India based multinational company, who pioneered the development of the supply chain solutions market in India according to Redseer Report. It is promoted by the erstwhile TVS Group, one of the reputed business groups in India (Source: Redseer Report), and are now part of the TVS Mobility Group. It has managed large and complex supply chains across multiple industries in India and select global markets through customized tech-enabled solutions.
It is an Indian supply chain logistics solution provider that has global capabilities and network across the value chain with cross deployment abilities. Its technology coupled with it deep domain expertise and global expertise enables it to develop and offer customized solutions to customers’ thereby empowering agile and efficient supply chains at large scale. It provides solutions and services to meet its customers’ supply chain management and logistics requirements. As part of its engagement with customers, customers outsource portions of their supply chain to it in order to improve their efficiency and to better manage their resources. For instance, it provided purchase services, assembling of component and parts, kitting, and using of packing materials for a global wind turbine company.
Business area of the company
The company is an Indian supply chain logistics solution provider that has global capabilities and network across the value chain with cross deployment abilities.
Services of the company
Integrated Supply Chain Solutions
- Consultancy & professional services
- Product management solutions
- Manufacturing support
- Warehousing, storage & distribution
- Transportation & integrated logistics
- Integrated packaging solutions
- Information systems
- Sourcing and procurement
Network solutions
- Global forwarding solutions
- Time critical final mile solutions
Awards, accreditations or recognitions
- 2017: The Company was awarded ‘IMC Ramkrishna Bajaj National Quality Award for Performance Excellence’ in the service category by the IMC Chamber of Commerce and Industry.
- 2017: The Company was awarded ‘Performance Excellence’ by the IMC Chamber of Commerce and Industry.
- 2017: TVS SCS Global Freight Solutions Limited was awarded ‘CII SCALE Awards - Excellent Position under Freight Forwarding category’ at the CII SCALE Awards 2017.
- 2017: TVS SCS Global Freight Solutions Limited was recognised for its contribution by Rising Star Mobile India Private Limited.
- 2018: The Company was awarded ‘Best Technology Adopter of the Year’ by Indian Oil Corporation.
- 2018: The Company was awarded ‘Overall Excellence in Logistics and Supply Chain’ at the CII SCALE Awards 2018.
- 2018: TVS SCS Global Freight Solutions Limited was recognised for its contribution by Rising Star Mobile India Private Limited.
- 2019: The Company was awarded ‘Top GST Player (Supply of Service Category)’ at the GST Day Recognition by the Office of the Commissioner of CGST and Central Excise.
- 2019: The Company was awarded ‘Best Contractor- Safety’ by Hyundai Motor India.
- 2020: The Company was awarded ‘Logistics Excellence Leadership Category Service Sector’ by Frost & Sullivan at the Project Evaluation and Recognition Program.
- 2021: The Company was awarded ‘Supply Chain Digital Transformation’ at the 10th edition of Manufacturing Supply Chain Awards curated by KamiKaze.
- 2020: The Company was awarded ‘Best-in-Class Excellence in End-to-End Customer Solutions’ at the 10th edition of Manufacturing Supply Chain Awards curated by KamiKaze.
- 2020: TVS Supply Chain Solutions UK & Europe was awarded ‘Gold Medal’ by Ecovadis as a recognition of its EcoVadis rating.
- 2022: The Company was awarded ‘Overall Excellence in Logistics and Supply Chain’ at the CII SCALE Awards 2021.
- 2022: The Company was awarded ‘Best Practice in Digital Transformation 2021’ in the ‘Innovative Category’ at the CII Digital Transformation Awards 2021.
- 2022: The Company was awarded ‘DnA (Digital and Analytics) Excellence Award’ at the CII SCALE Awards 2021.
- 2022: The Company was awarded ‘Overall Excellence in Logistics and Supply Chain’ at the CII SCALE Awards 2022.
- 2022: The Company was awarded ‘Scale of Scale’ at the CII SCALE Awards 2022.
History and milestone
- 2005: Invested in and subscribed to 55% of the paid-up equity share capital of TVS SCS (Siam) Limited (formerly known as TVS Logistics SIAM Limited, Thailand), as part of the group’s entry
- strategy for south-east Asia.
- 2007: Invested in and subscribed to 75% of the paid-up equity share capital of TVS SCS Global Freight Solutions Limited (formerly known as TVS Dynamic Global Freight Services Limited).
- 2008: First investment by Goldman Sachs, through GS Logistics Holdings Limited, in the Company.
- 2009: Acquisition of YeleStre Holdings Limited by TVS Logistics Investment UK Limited.
- 2012: Private equity investment by Zumrut Investments Limited, Mauritius, in the company. 2012: Private equity investment by GS Logistics Holdings Limited, Mauritius, in the company.
- 2012: Acquisition of FLEXOL Packaging (India) Limited, Rico Logistics Limited (UK) and TVS Supply Chain Solutions North America, Inc. (formerly known as Wainwright Industries Inc.)
- 2015: Implementation of the BRR Scheme.
- 2015: Acquisition of Drive India Enterprise Solutions Limited (DISEL), and acquisition of T.I.F. Holdings Pty Ltd. through TVS Supply Chain Solutions Australia Holdings Pty Ltd (formerly known as TVS Asianics Australia Holdings Pty Ltd).
- 2015: Private equity investment by Omega TC Holdings Pte. Ltd. and Tata Capital Financial Services Limited.
- 2016: CDPQ Private Equity Asia Pte. Ltd. (CDPQ) acquired 38.17% equity of the Company from GS Logistics Holdings Limited, Mauritius and Zumrut Investments Limited, Mauritius.
- 2017: Acquisition of SPC International Limited, UK through Rico Logistics Limited (UK).
- 2017: Acquired the telecom division from T. V. Sundram Iyenger & Sons Private Limited.
- 2017: Acquisition of TVS SCS International Freight (Spain) S.L.U. (formerly known as Nadal Forwarding, S.L.) providing entry into Spanish market.
- 2017: Acquisition of TVS SCS Singapore Pte. Ltd (formerly known as Pan Asia Logistics Singapore Pte.Ltd.) and TVS SCS International Pte. Ltd (formerly known as Pan Asia Logistics International Pte.Ltd.), allowing network expansion to Singapore and China.
- 2018: Acquisition of TVS SCS Logistics Management Co., Ltd. (formerly known as TLM Logistics Management Co. Ltd, Thailand) through TVS Supply Chain Solutions (Thailand) Limited.
- 2018: Acquisition of Triage Holdings Limited through Rico Logistics Limited (UK).
- 2018: Acquisition of White Data Systems India Private Limited.
- 2020: Private equity investment by Mahogany Singapore Company Pte. Ltd. (“Gateway”).
- 2020: Strategic investment by Mitsubishi Corporation (Japan) for a minor stake.
- 2021: Acquisition of FIT 3PL Warehousing Private Limited.
- 2021: Private equity investment by Exor Special Opportunities Master Fund.