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 | 24 December 1936 Madurai, Madras Presidency, India |
| Education | Bachelor of Science (chemistry) M.A., Literature |
| Alma mater | Madras Christian College, India University of Wisconsin, U.S. University of Munich, Germany |
| Occupation | Industrialist |
| Title | Chairman |
| Spouse | Usha Krishna |
| Children | 3 |
| Parent |
|
| Relatives | TVS family T 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" |
| Website | www |
Suresh Krishna is the grandson of the founder of TVS Group, late Sri T V Sundram Iyengar, and the eldest son of the 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.
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.[3]
Under his leadership, SFL became the first Indian Engineering company to acquire ISO 9000 certification.[4] It is also the first engineering company in India to achieve Total Productive Maintenance (TPM) Excellence Award.[5]
Net worth
Forbes lists his net worth as of April 2022 at $1.1 billion USD.[6]
Recognition
Suresh Krishna served as the President of the Automotive Component Manufacturers Association of India from 1982 to 1984[7] and as the President of the Confederation of Indian Industry from 1987 to 1988.[8]
He has been board director of several TVS Group companies, as well as for the Industrial Credit & Investment Corporation of India, Tata Steel,[9] Videsh Sanchar Nigam Ltd, Institute for Financial Management & Research, etc.
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 |
| National Honour | |
| 2006 | The Government of India conferred the "Padma Shri" Award on Suresh Krishna for his contribution to Industry[11] |
| 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"[12] for being a role model for Quality Leadership for Corporate India |
| 1998 | Suresh Krishna was awarded the "Juran Quality Medal"[13] 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.[14] |
| 2000 | The All India Management Association gave the prestigious "JRD Tata Corporate Leadership Award"[15] to Suresh Krishna |
| 2001 | Krishna was the recipient of the "Entrepreneur of the Year" Award from Ernst & Young[16] |
| 2017 | Life Time Achievement Award by the Nanayam Vikatan for his contribution to Industry[17] |
| 2019 | Life Time Achievement Award - The Economic Times Awards - Tamil Nadu by Times Group |
| 2019 |  |