TVS was established by T. V. Sundaram Iyengar. Sundaram Iyengar was born in 1877 in Thirukkurungudi in the Tirunelveli district of Madras Presidency, British India. He began with Madurai's first bus service in 1911 and founded T.V.Sundaram Iyengar and Sons Limited, a company in the transportation business with a large fleet of trucks and buses under the name of Southern Roadways Limited. When he died in 1955, his sons took the company ahead with several forays in the automobile sector, including finance, insurance, manufacture of two-wheelers, tyres and components. The group has managed to run 97 companies that account for a combined turnover of nearly $6 billion.
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