Mumbai, Feb. 26 -- The development comes after board approved the resignation of Vivek S Joshi as CEO with effect from 31st march 2026, due to personal reasons.

R Venkatesh graduated with a B.E., (Hons.) in mechanical engineering and M.Sc., (Hons.) in economics from BITS, Pilani and M.Sc., in manufacturing systems engineering from the University of Warwick, United Kingdom.

Having more than 26 years of rich experience in auto component industry, R Venkatesh has worked in multiple group companies of TVS - Sundaram Clayton group such as (i) the brakes division of TVS Holdings (formerly known as Sundaram - Clayton) which was later transferred to ZF Commercial Vehicle Systems India (five years); (ii) the die-casting division of Sundaram Clay...