TVS Motor vs VinFast: Founders, CEOs and History
TVS Motor was founded in 1978 by T. V. Sundram Iyengar, Venu Srinivasan and is led by K. N. Radhakrishnan. VinFast was founded in 2017 by Pham Nhat Vuong and is led by Pham Nhat Quan Anh.
Company facts
Founders
TVS Motor
T. V. Sundram Iyengar
T. V. Sundram Iyengar (1877-1955) was a lawyer-turned-entrepreneur from Tamil Nadu who founded T.V. Sundram Iyengar & Sons in Madurai in 1911.
Venu Srinivasan
Venu Srinivasan, grandson of T. V. Sundram Iyengar, led the TVS two-wheeler business for decades.
VinFast
Pham Nhat Vuong
Pham Nhat Vuong is the founder and chairman of Vingroup and is ranked by Forbes as Vietnam's richest person.
CEOs and their tenures
TVS Motor
- K.N. Radhakrishnan2008–present
Director & Chief Executive Officer (CEO)
Ensured consistent double-digit operating EBITDA margins through disciplined procurement, driving the commercial execution behind the Jupiter, Apache, and iQube sales surges.
Source - Sudarshan Venu2022–present
Chairman & Managing Director
Under his leadership TVS sold a record 5.89 million vehicles in FY2026 and grew consolidated revenue to ~$6.5 billion (₹56,028 crore).
Source
VinFast
- Le Thi Thu Thuy2021–2026
Global CEO; later Chairwoman
As Global CEO, she acts as the absolute driving operational force attempting to brutally pivot the Vietnamese conglomerate into a massive global electric vehicle powerhouse against intense Western skepticism.
Source - Pham Nhat Vuong2024–2026
Founder; Global Chief Executive Officer
Founded VinFast in 2017 as Vingroup chairman and took the CEO role himself in January 2024, leading the VF 3 launch and the opening of plants in Ha Tinh, India and Indonesia before handing the post to his son in September 2026.
Source - Pham Nhat Quan Anh2026–present
Global Chief Executive Officer
Appointed chairman of VinFast's board effective May 23, 2026, replacing Le Thi Thu Thuy, then named global CEO in September 2026, succeeding his father, founder Pham Nhat Vuong. He also became chairman and CEO of VinFast Vietnam.
Source
Timeline: TVS Motor and VinFast side by side
1911TVS Motor
T.V. Sundaram Iyengar Founds TVS Group: Thirukurungudi Vengaram Sundaram Iyengar founds T.V.
1978TVS Motor
Establishment of TVS Motor Plant in Hosur: TVS establishes its two-wheeler manufacturing plant in Hosur, Tamil Nadu, producing the well-known TVS 50 2-stroke moped, mobilizing millions of Indian rural…
1980TVS Motor
TVS 50 Moped Launched
The TVS 50, a two-seater moped, was launched in 1980.
1982TVS Motor
TVS Suzuki Joint Venture Established: Partners with Japan's Suzuki Motor Corporation to manufacture modern 100cc Japanese motorcycles in India (TVS-Suzuki AX100 and Samurai).
2001TVS Motor
Amicable Separation from Suzuki & TVS Victor Launch: TVS and Suzuki amicably buy out joint venture shares; TVS launches the 100% indigenously developed TVS Victor 110cc commuter motorcycle, which beco…
2002TVS Motor
World's First Two-Wheeler Maker to Win the Deming Prize: TVS Motor Company is awarded the Deming Application Prize by the Union of Japanese Scientists and Engineers (JUSE) for total quality management…
2006TVS Motor
Launch of the TVS Apache Series: Introduces the TVS Apache performance motorcycle, originating from TVS Racing's factory track lineage, which grows into a 5-million-rider global sports franchise.
2013TVS Motor
BMW Motorrad Strategic Partnership: Signs long-term cooperation agreement with BMW Motorrad to co-develop and manufacture sub-500cc motorcycles (BMW G 310 R, GS, and TVS Apache RR 310) in Hosur.
2013TVS Motor
Jupiter Scooter Launched
TVS launched the Jupiter scooter in 2013.
2017VinFast
VinFast founded
Broke ground on the Hai Phong car plant in September 2017.
2018VinFast
Paris Motor Show debut
Showed the Pininfarina-styled Lux A2.0 and Lux SA2.0.
2018VinFast
Acquired General Motors Vietnam
VinFast acquired General Motors Vietnam.
2019VinFast
Hai Phong plant opens
Began customer deliveries in Vietnam.
2020TVS Motor
Acquisition of Norton Motorcycles (UK): Acquires historic British luxury superbike brand Norton Motorcycles for 16 million, building a modern factory in Solihull, England.
2020VinFast
Acquired Lang Lang Proving Ground (Australia)
VinFast acquired Lang Lang Proving Ground (Australia).
2021VinFast
First Electric Car Delivered
VinFast began delivering its first electric car, the VF e34, in Vietnam in December 2021.
2022TVS Motor
Sudarshan Venu becomes managing director
Sudarshan Venu became managing director of TVS Motor in 2022. Under his leadership TVS sold a record 5.89 million vehicles in FY2026 and grew consolidated revenue to ~$6.5 billion (₹56,028 crore).
2022VinFast
EVs only
Ended petrol car production and shipped its first VF 8s to the US.
2023VinFast
Nasdaq listing (VFS)
Listed on August 15, 2023, after merging with Black Spade Acquisition Co.
2023VinFast
North Carolina Plant Groundbreaking
VinFast broke ground on a factory in Chatham County, North Carolina, in July 2023.
2024TVS Motor
Surpassing 300,000 TVS iQube EV Deliveries: TVS iQube crosses 300,000 cumulative electric scooter sales, establishing TVS as India's top 2 electric two-wheeler manufacturer alongside Ola Electric.
2024VinFast
Founder named CEO
Pham Nhat Vuong became CEO in January; the VF 3 launched and North Carolina production was pushed to 2028.
2025VinFast
Revenue reaches ~$3.47 billion (VND 90.2 trillion)
Revenue of ~$3.47 billion (VND 90.2 trillion) on 196,919 EV deliveries; plants opened in Ha Tinh, India and Indonesia.
2026VinFast
Pham Nhat Quan Anh becomes CEO
Became chairman in May and global CEO in September; North Carolina sued over the delayed plant in May.
Acquisitions
TVS Motor
- Engines Engineering2025Undisclosed
- DriveX2024Undisclosed
- Swiss E-Mobility Group (SEMG) & EGO Movement2022Undisclosed
- Swiss E-Mobility Group2022Undisclosed
- EGO Movement2021Undisclosed
- Norton Motorcycles (UK) Limited2020Undisclosed
VinFast
- Ngoc Hoi2026Undisclosed
- Future Investment Research and Development JSC2026Undisclosed
- VinES Energy Solutions2023Undisclosed
- Black Spade Acquisition Co.2023Undisclosed
- Lang Lang Proving Ground (Australia)2020Undisclosed
- General Motors Vietnam2018Undisclosed
Questions about TVS Motor vs VinFast
Who is the CEO of TVS Motor Company and VinFast?
TVS Motor Company is led by K. N. Radhakrishnan and VinFast is led by Pham Nhat Quan Anh. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was TVS Motor Company founded vs VinFast?
TVS Motor Company was founded in 1978 — 39 years before VinFast, which was founded in 2017. TVS Motor Company's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger VinFast.
How many employees does TVS Motor Company have compared to VinFast?
TVS Motor Company employs approximately 5,500 people. A verified employee count for VinFast is not currently available.
Where are TVS Motor Company and VinFast headquartered?
TVS Motor Company is headquartered in India and VinFast is headquartered in Vietnam. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded TVS Motor Company and VinFast?
TVS Motor Company was founded by T. V. Sundram Iyengar, Venu Srinivasan. VinFast was founded by Pham Nhat Vuong.
Which company has a longer operating history — TVS Motor Company or VinFast?
TVS Motor Company has been operating for approximately 48 years, making it the more established of the two companies. VinFast has been in operation for around 9 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the TVS Motor vs VinFast overview