TVS Supply Chain Solutions (TVS SCS) announced the expansion of its Centre of Excellence (CoE) by inaugurating a new technology centre in Madurai.
The CoE, a core unit of the company’s global operations, strengthens TVS SCS’ leadership as a technology-led global supply chain player and acts as an important pillar of the company’s growth strategy. The company looks to tap into the rich talent available in the region to build on its competitive advantage and aims to double its employees’ strength in two years from its current level of 300.
The new wing will have a total work area of around 13,000 sq ft and would provide advanced services such as technology product development and deployment; analytics and business intelligence support; and business process outsourcing for its global operations.
Thangam Thennarasu, Minister for Industries, Investment Promotion and Commerce, Government of Tamil Nadu; P Moorthy, Minister for Commercial Taxes, Registration and Stamp Law, Government of Tamil Nadu; and Dr S Aneesh Sekhar, IAS, District Collector, Madurai inaugurated the new centre.
Commenting on the CoE’s expansion, R Dinesh, Executive Vice Chairman, TVS SCS said, “I am happy that we are expanding our operations in Madurai through our Centre of Excellence, which provides specialised services, using technology and data analytics, to our global operations. Being a home-grown organisation, we always wanted to provide opportunities to the local talent here and that’s when we started our Centre of Excellence in 2017 with 5 employees. Going forward, CoE will be the hub for all technology developments for our operations globally besides being the back-office capital for TVS SCS.”
Ravi Viswanathan, Managing Director, TVS SCS said, “The expansion of the CoE facility is a testimony to the value it drives to our operations both in India and globally and helps in being an agile and responsive partner to our customers globally. The CoE today boasts of deep domain depth combined with the latest technology capabilities serving our global customer clientele. Our expansion in Madurai is based on the underlying belief in the rich talent available in the region and be a key driver in realising our vision of being a global leader in the Supply Chain Solutions space.”
The new technology facility is an ISO 27001:2013 certified and has implemented required information systems, management systems, policies, and procedures to maintain industry standard best practices and applicable controls.
TVS SCS’ Centre of Excellence in Madurai, established in 2017, has now completed five years and employs over 300 strong workforce of supply chain experts and technology professionals.