TVS Supply Chain Solutions Overhauls Global Operations: Project One Targets 4% PBT Margin by FY27

Overview

TVS Supply Chain Solutions is undertaking 'Project One' to restructure its overseas operations, consolidating businesses in Europe and the US and shifting back-end work to India. This strategic move aims to save ₹120 crore annually and lift its profit before tax margin to 4% by FY27, addressing investor concerns following a significant post-IPO stock decline.