Tamil Nadu Chief Minister M. K. Stalin on Saturday unveiled the ‘TVS Cheema Scholarship’ to mark the birth centenary of T.S. Srinivasan, the founder of TVS Motor Company.
T.S. Srinivasan, fondly known as Cheema, was the youngest son of T.V. Sundaram Iyengar, the founder of TVS Group. Cheema is credited with the transformation of the TVS Group from a service and trading company to a manufacturing giant in the 1960s. He developed the industrial estate that is now Padi.
With a corpus of ₹100 crore, the scholarship will support 500 students each year from Tamil Nadu to pursue professional degrees in engineering and particularly in mechanical engineering.