H Lakshmanan Key Figure in TVS Passed Away

H Lakshmanan, the former Executive Director of Sundaram-Clayton (now TVS Holdings Ltd), passed away at the age of 91 after battling age-related ailments. He was a key figure in the TVS Group for nearly seven decades, contributing significantly to its growth and success. Starting as a typist, Lakshmanan rose to become a trusted confidant of the TVS family, known for his exceptional management skills, strategic vision, and unwavering dedication to the company.

Key Contributions and Legacy

Early Career and Rise

• Lakshmanan began his career at the age of 20 as a typist and worked his way up to become a vital part of the TVS Group.
• He gained the trust of T S Srinivasan (the late patriarch of TVS) and his son, Venu Srinivasan, Chairman Emeritus of TVS Motor Company.

Key Roles in Development

• Played a critical role in the establishment of the Padi manufacturing unit in the 1960s.
• Contributed significantly to the growth and strategic direction of the company during his tenure from 1960 to 2015.

Strategic Partnerships and Joint Ventures

• Instrumental in forging joint venture agreements with global partners,
• Dunlop (for wheels)
• Clayton (for air brakes)
• Girling (for Brakes India)
• Lucas (for Lucas-TVS)
• Key negotiator in high-stakes ventures such as the Suzuki joint venture and the BMW licensing agreement for TVS Motor.

Labour Realations and Human Resources

• Played a crucial role in labour negotiations, resolving union disputes and fostering a harmonious work environment.
• Resolved significant labour issues in Chennai during the 1970s and in Hosur during the late 1980s.
• Earned respect for his calm, resolute approach in handling HR and banking concerns.

Recognition and Respect

• Described by Venu Srinivasan as the ‘Chanakya’ of the TVS industrial empire, due to his remarkable acumen and contribution to the company’s growth.
• Recognized by union leaders, including INTUC leader R Kuppusamy, who referred to him as the “Bhishma Pitamaha” of TVS, praising his efforts to improve workers’ lives and resolve conflicts.

Legacy of Integrity and Dedication

• Lakshmanan’s legacy is one of loyalty, trust, integrity, and management excellence.
• He left an enduring mark on the TVS Group, setting a standard for leadership and values.