13-Jan-2026Today's Market Indicators


TVS Supply Chain Solutions jumps after bagging 3-year contract from Daimler India
(15:11, 13 Jan 2026)
Under the agreement, TVS SCS will manage end-to-end warehouse operations within DICV's manufacturing facility, ensuring seamless material flow, optimised inventory, and enhanced operational efficiency.

By leveraging advanced technologies including IoT-based tracking for real-time visibility, automation-led systems to reduce manual handling, predictive analytics for smarter planning, and digital dashboards for centralized performance monitoring. These capabilities will help strengthen DICV's production ecosystem and support its focus on efficiency and quality.

Sukumar K, CEO ' India & MEA, TVS Supply Chain Solutions, said We are pleased to extend our long-standing partnership with Daimler through this significant engagement. Our global experience with Daimler, combined with our expertise in in-plant logistics, automation-led operations, and real-time visibility solutions, positions us well to drive measurable efficiencies. We look forward to further strengthening their production ecosystem and supporting their commitment to world-class manufacturing.

C. Muthu Maruthachalam, President & Chief Operating Officer, Daimler India Commercial Vehicles, said, Efficient in-plant logistics is vital to our production success. Partnering with TVS Supply Chain Solutions allows us to leverage their proven expertise and technology-driven approach to enhance our operational performance.'

TVS Supply Chain Solutions (TVS SCS) is an India-based multinational company, who pioneered the development of the supply chain solutions market in India. The company's customers span across numerous industries such as automotive, industrial, consumer, tech and tech infra, rail and utilities, and healthcare.

On consolidated basis, the company's net profit jumped 67.6% to Rs 15.64 crore on 6% increase in net sales to Rs 2662.63 crore in Q2 FY26 over Q2 FY25.

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