Suresh Krishna (Industrialist)

Suresh Krishna, an Indian industrialist, is the Chairman of Sundram Fasteners Limited (SFL),[1] and the Chairman of the holding company, T V Sundram Iyengar & Sons Pvt Ltd.[2]

Suresh Krishna
Born (1936-12-24) 24 December 1936
Madurai, Madras Presidency, India
NationalityIndian
EducationBachelor of Science, Chemistry
M.A., Literature
Alma materMadras Christian College, India.
University of Wisconsin, U.S.A.
University of Munich, Germany
OccupationIndustrialist
OrganizationSundram Fasteners Limited - a flagship company of US $ 7.2 billion TVS Group
TitleChairman
Spouse(s)Usha Krishna
ChildrenPreethi, Arathi, Arundathi
Parent(s)T.S. Krishna (father) Smt. Ambujam Krishna (mother)
RelativesT V Sundram Iyengar (Grandfather)
Awards"Sir Jehangir Ghandy Medal for Industrial Peace", "Businessman of the Year 1995", JRD Tata Corporate Leadership Award, "Padma Shri in 2006"
Websitehttp://www.sundram.com

Suresh Krishna is the grandson of the founder of TVS Group, late Sri T V Sundram Iyengar, and the eldest son of late Sri T S Krishna.

Education

Suresh Krishna received his Bachelor of Science degree from Madras Christian College in the year 1955. He received his M.A. in Literature from the University of Wisconsin in 1959 and did his post-graduate work in Literature in the University of Munich, Germany.

Career

Suresh Krishna started his career with TVS and Sons, Madurai. In 1962, he was given the responsibility of starting Sundram Fasteners to manufacture high tensile bolts and nuts. Under his leadership, the company, which started its operations as a small industrial unit in Ambattur Industrial Estate, soon moved to its present location in Padi, Chennai. It then gradually expanded its operations to Hosur and Madurai in Tamil Nadu.[3]

Post liberalization in 1991, Suresh Krishna has transformed the company into a multi-location, multi-product technology leader, propelling fast growth through acquisitions in India and abroad and setting up the first ever manufacturing plant in China by an Indian engineering company. Currently SFL has 27 factories including one each in China and the United Kingdom. SFL manufactures a variety of automotive products such as high tensile fasteners, cold extruded parts, sintered metal parts, power train components, radiator caps, wind energy components, hot forged parts, foundry parts, water pumps and oil pumps.[4]

A firm believer in communication, Suresh Krishna ensures that the employees are kept informed, at least three times in a year, every year, of the business environment and the company's performance vis-a-vis its goals. This has enabled him to win the trust of his work force, making SFL a unique organization. Ever since its inception 52 years ago, SFL has not lost a single working hour due to labour unrest.

Under his leadership, SFL became the first Indian Engineering company to acquire ISO 9000 certification.[5] It is also the first engineering company in India to achieve Total Productive Maintenance (TPM) Excellence Award.[6]

Suresh Krishna sharing his thoughts with employees.

Recognition

Suresh Krishna took active interest in representing the voice of the industry. He served as the President of the Automotive Component Manufacturers Association of India during 1982-84[7] and as the President of the Confederation of Indian Industry for the year 1987–88.[8]

Suresh Krishna's counsel was sought after by many organizations by way of appointing him as a Director on their Governing Boards. Besides being a Director on the Board of several TVS Group companies, he has also been a Director on the Boards of the Industrial Credit & Investment Corporation of India, Tata Steel,[9] Videsh Sanchar Nigam Ltd, Institute for Financial Management & Research, etc.

Both the Central and State Governments have recognized him by having him as a member of several public bodies and committees from time to time. He was appointed as a Director on the Central Board of the Reserve Bank of India.[10] He was one of the members of the Advisory Council to the Prime Minister formed to advise the Prime Minister on matters relating to trade and industry.

Awards and Honours

The Government, Business and Industry bodies have recognized Suresh Krishna's contributions.

Year State Government Recognition
1992-93 Appointed as Sheriff of Madras[11]
National Honour
2006 The Government of India conferred the "Padma Shri" Award on Suresh Krishna for his contribution to Industry[12]
Suresh Krishna receiving Padma Shri from President APJ Abdul Kalam at Rashtrapathi Bhavan on 29.3.2006

Industry Honours
1991 Suresh Krishna was awarded the "Sir Jehangir Ghandy Medal for Industrial Peace"

by XLRI.

1995 The Business India Magazine selected him as the "Businessman of the Year"
1997 He was awarded the "Qimpro Platinum Standard"[13] for being a role model for Quality Leadership

for Corporate India

1998 Suresh Krishna was awarded the "Juran Quality Medal"[14] by the Indian Merchants Chamber, Mumbai
2000 The Asian Productivity Organization, Japan conferred the Nation Award (for India) on Suresh Krishna

for his outstanding contribution towards productivity improvement in the country during the last five years.[15]

2000 The All India Management Association gave the prestigious "JRD Tata Corporate Leadership Award"[16] to Suresh Krishna
2001 Krishna was the recipient of the "Entrepreneur of the Year" Award from Ernst & Young[17]
2017 Life Time Achievement Award by the Nanayam Vikatan for his contribution to Industry[18]
2019 Life Time Achievement Award - The Economic Times Awards - Tamil Nadu by Times Group
2019
Suresh Krishna receiving India's First Quality Ratna Award
India's First "Quality Ratna" Award conferred by Confederation of Indian Industry (CII)[19]

Miscellaneous

Suresh Krishna is interested in Photography, Reading and Indian and Western Classical Music.

gollark: Not understanding your emotions when doing what?
gollark: This is a strange analogy.
gollark: They're heuristics, because humans don't (or didn't, possibly?) have the time/processing power to work through everything manually.
gollark: No, J&J is.
gollark: Who's been jailed then?

References
  1. "Investor | Sundram Fasteners". www.sundram.com. Retrieved 28 February 2019.
  2. "Motor India - TVS Chairman". Motor India Online.
  3. "Tamil Nadu", Wikipedia, 2 March 2019, retrieved 4 March 2019
  4. "About Us | Part of the Legendary TVS Group of Companies Started in 1911". www.sundram.com. Retrieved 1 March 2019.
  5. Ravindranath, Sushila (12 January 2000). "Quality matters for success". The Hindu. Retrieved 2 March 2019.
  6. "All India JIPM TPM Award Winners". www.tpmclubindia.org. Retrieved 1 March 2019.
  7. "Past Presidents". www.acma.in. Retrieved 4 March 2019.
  8. "CII". www.cii.in. Retrieved 4 March 2019.
  9. "Tata Steel | 102nd Annual Report 2008 - 2009". www.tatasteel.com. Retrieved 4 March 2019.
  10. "The Hindu : RBI board reconstituted". www.thehindu.com. Retrieved 4 March 2019.
  11. "Sheriff of Madras", Wikipedia, 16 January 2019, retrieved 4 March 2019
  12. "Padma Awards | Interactive Dashboard". www.dashboard-padmaawards.gov.in. Retrieved 4 March 2019.
  13. "Qimpro - Qimpro Awards - Business". www.qimpro.com. Retrieved 4 March 2019.
  14. "IMC RBNQA". imcrbnqa.com. Retrieved 4 March 2019.
  15. "The Hindu : Quality matters for success". www.thehindu.com. Retrieved 4 March 2019.
  16. "Awards AIMA Jrd Tata Corporate Leadership Award | AIMA". www.aima.in. Retrieved 4 March 2019.
  17. "E&Y Award".
  18. Team, Naanayam Vikatan (22 December 2017). "#LiveUpdates தமிழகத்தில் சிறந்த தொழில்முனைவோர்களை கெளரவிக்கும் நாணயம் விகடன் பிசினஸ் ஸ்டார் அவார்ட்ஸ் - 2017 #NanayamAwards2017 | Nanayam Vikatan Business Star Awards 2017" (in Tamil). Retrieved 4 March 2019.
  19. "Sundram Fasteners' Suresh Krishna conferred CII's 'Quality Ratna' award". https://www.autocarpro.in. Retrieved 26 November 2019. External link in |website= (help)
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