TVS Staff unveils Rs 100crore corpus investmrent for engineering scholarships | Chennai Information

CHENNAI: TVS Staff on Saturday unveiled a Rs 100crore corpus scholarship for Tamil Nadu’s engineering scholars to mark the centenary celebrations of T S Srinivasan, probably the most key founders of the crowd.
The ‘TVS Cheema Scholarship’ used to be unveiled by means of Tamil Nadu CM MK Stalin at the side of Venu Srinivasan, chairman emeritus, TVS Motor. It’s designed to trade in monetary help to 500 deserving engineering scholars each and every day, in particular in mechanical engineering.
It’s going to secure complete tuition and boarding charge, but even so learn about fabrics throughout the engineering route. The corporate mentioned it intends to paintings with premier tutorial establishments, together with IITs, NITs and others in order this scholarship to deserving applicants.
“The TVS Group is an integral part of Tamil Nadu’s industrial development. The TVS 50 moped uplifted the lives of the poor and revolutionised the two-wheeler industry, especially in rural areas,” CM Stalin mentioned on the match.
“My father laid the foundation of the values and principles of the group. All of us have grown up believing that TVS stands for Trust , Values, Service,” Venu Srinivasan, chairman emeritus, TVS Motor, mentioned. “He was a pioneer of industrialisation in the state and a great visionary of the automotive sector,” he added.
TS Srinivasan, fondly referred to as Cheema, used to be the youngest son of TVS Staff founder TV Sundaram Iyengar. He reworked TVS Staff from a buying and selling/products and services endeavor to a producing immense within the 60s. A self-taught engineer, he helped form the enduring TVS 50 moped.
On the match, TVS Motor additionally absolved ‘The Painted Stork’, a retain chronicling the crowd’s conservation go in Chennai.

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