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Leadership transition: Sudarshan Venu takes charge of TVS Motor from Aug 25

Ralf Speth steps down as chairman; firm plans supply-chain diversification for key components

Sudarshan Venu, Chairman TVS Motor
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The company’s two-wheeler exports grew significantly by 22.8 per cent in FY25, reaching 1.09 million units, led by Africa and Latin America’s strong performance. | File Image

Shine Jacob Chennai

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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.
 
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 to take charge as new chairman and managing director from Monday (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