(L-R) Suresh Ramanujam, Founder & Managing Director, Metis Family Office; C K Ranganathan, Chairman, Cavinkare Group; S Ramesh, Managing Director, Pothys; Hemalatha Annamalai, Founder, Ampere Vehicles & Chairperson, Green Collar Agritech; Seetharaman Sankaranarayanan, Chairman, Super Auto Forge; Gopal Srinivasan, Chairman, TVS Capital Funds and C K Kumaravel, Co-Founder & & Managing Director, Naturals Salon, revealing a book on household services
Today’s vibrant world and generational spaces makes running household companies harder and professionalising the organisation is the essential to its sustainability, household company owner and other specialists stated at an occasion here on Saturday. Handling household wealth expertly and thoroughly is similarly crucial to generating income, they stated.
Speaking at the 15thanniversary event of Chennai-based Metis, a household organization advisory, leading market titans of Tamil Nadu’s close-knit organizations shared their views on the present landscape of household business.
A constrained design of running business and professionalising it really early on has actually been amongst the crucial factors to the success of the TVS Group of business, stated Gopal Srinivasan, Chairman and Managing Director, TVS Capital Funds. “The worths are extremely clear and no compromises are made on that,” he included.
Providing his essential note address, C K Ranganathan, chairman and MD, CavinKare Group, stated that household organizations need to go from being person-driven to process driven entities and for this to occur, the push ought to begin with the top. He highlighted the numerous methods CavinKare Group has actually welcomed AI tools and accomplished performance gains and expense performances.
The occasion saw 2 panel conversations throughout the subjects of professionalism in household company and next-generation function in close family-run business. It likewise saw the launch of a book ‘Debunking 7 Myths of Family Businesses’ composed by Suresh Ramanujam, Founder & & MD, Metis Family Office. Metis has actually dealt with over 150 household companies and counts net worth under management of over 1,00,000 crore.
Ramanujam, in his address, kept in mind that expert management of wealth through household workplaces is far more typical in the West of India however still a growing principle in the South. Supervisors of household services must constantly do things “right for business than what is right for households,” he included.
Vikram Mohan, MD, Pricol Group, who took control of in 2010 and scripted a turn-around, stated that managements in such business need to not get too mentally connected to company choices.
The speakers highlighted that just about 13-14 percent household organizations be successful in the third-generation, and stated there was a requirement to make sure that the next-generation do not feel entitled about the business, however embrace a function of custodians of business.
When it pertains to scaling up, Ranjit Pendurthi, MD of publicly-listed entity Archean Group, stated that like all services, household services too require to provide exits to financiers and the choice to choose an IPO must be taken just if they require to.
Ravishankar Seetharaman, MD, Super Auto Forge, kept in mind that playing to one’s strengths and altering with the times are essential methods for close-knit companies to grow.
Rajkumar Ramasamy, MD, Best Corporation, Sharmila Kumbhat, Director, K-lite Industries, Latha Pandiarajan, Co-Founder, Ma Foi Group, Gautam Saraogi, Co-Founder & & CEO, Go Colors, and others were likewise speakers at the occasion.
Businessline is the main media partner of the occasion.
Released on August 10, 2025
