TVS Supply Chain Solutions (TVS SCS) is one of India’s largest and fastest-growing integrated supply chain solution providers. The company is promoted by the erstwhile TVS Group and is now part of the TVS Mobility Group. Its culture and philosophy of doing business are in line with the core values of ‘TVS’; trust, value and service. The company is a global company with a presence in many countries and its HQ is in India, where it pioneered the development of the Indian outsourced logistics industry. The company manages large and complex supply chains across multiple industries, both in India and select global markets, by customising tech-enabled solutions. The company has focused on growing organically but also driving activities that support inorganic growth.
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.
Business area of the company
TVS SCS, part of the TVS Mobility Group, is an India-based multinational company that pioneered the development of the supply chain solutions market in India. The company manages large and complex supply chains across multiple industries in India and in key global markets through customised tech-enabled solutions. The company’s customers span across numerous industries such as automotive, industrial, consumer, tech and tech infra, rail and utilities, and healthcare.
Services
Integrated supply chain solutions
- Consultancy
- Strategic sourcing and procurement
- Manufacturing support
- Warehousing and fulfilment
- Integrated packaging solutions
- Transportation solutions
- Reverse logistics
- Network solutions
Global forwarding solutions
- Air freight
- Ocean freight
- Land freight
- Customs brokerage
- Intermodal and multimodal
- Project logistics
- Purchase order management
- Dangerous goods (DG)
Integrated final mile
- Courier services
- Spare parts logistics
- Technical deployment and maintenance
- Technical repair and refurbishment
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.
- 2023: Got listed on BSE and NSE
- 2024: Extended contract with Rolls-Royce for five years until 2029.
- 2024: Inaugurated an ultra-modern multi-client warehousing facility in Hosur, Tamil Nadu, as part of its expansion in the domestic market.
- 2024: Achieved a milestone of 500,000 CKD (Complete Knock-Down) kits for its customer, TVS Motor Company.
- 2024: The company’s wholly owned subsidiary-- TVS SCS North America earned recognition as a Partner-level supplier for 2023 in the John Deere ‘Achieving Excellence Program.’
- 2024: Won a new business contract from VE Commercial Vehicles (VECV) for managing their in-Plant warehousing and logistics function at their Eicher bus factory located in Baggad, Madhya Pradesh.
- 2024: Entered into new 5-year strategic contract with Daimler Truck South East Asia Pte, a Daimler Truck AG company, for integrated Supply Chain Solutions (ISCS) service in Singapore.
- 2024: Secured a new business contract from JCB in India for managing their in-plant warehousing and logistics operations at their facility in Vadodara, Gujarat for three years.
- 2026: Secured a three-year contract from Daimler India Commercial Vehicles (DICV) to manage their in-plant warehouse operations at its manufacturing facility in Chennai.
- 2026: Signed a MoU with ALA Group, an Italy-based global aerospace and defence supply-chain integrator, to collaborate on opportunities in India’s rapidly expanding aerospace and defence sectors.