Separating the Family Conglomerate After 111 Years
After 111 years, the TVS family chose to separate and stay family. Srinath Rajam on how they kept it amicable, and what it cost to wait.
Srinath Rajam
Fourth generation, TVS family; chairman and CEO of Kwik Patch, India
On the show
The Business Family Diagnostic · Ownership
The TVS family first talked about separating in 1974.
They separated after 111 years and kept it amicable. Together or apart, the question underneath is the same. Does every adult owner in your family know what they own, and how they could leave?
“The rules for passing ownership to the next generation have been agreed and written down.”
Biography
Srinath Rajam is the Chairman and CEO of Kwik Patch (a JV with Myers Industries, USA) and a Director in TVS Mobility. His primary business is manufacturing sports and protection gloves and repair materials for the tyre and tube industry. His passion is being a business coach for family-owned businesses. He is a mentor for young adults, and also a very keen Bridge player.
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