TVSL has also structured its end-toend solutions into a bouquet of services, taking into account the industry reality.
This model has helped TVSL to open up new clients and then expand the services by delivering value for money.
Expansion via JVs While most other industry players have opened offices in various countries and outsourced the operations there, TVSL has taken the route of JVs and acquisitions for overseas expansion.
TVSL, on the other hand, has been on a fast-paced growth aided by a JV/acquisition blitzkrieg.
The uniqueness of TVSL lies in its ability to scale up rapidly and garner large businesses without having to employ large capital.
The Path Ahead Whether TVSL should continue its focus on the auto vertical and expand further overseas or diversify its services for other industries in India was a dilemma that had been occupying the minds of the TVSL brass for many months.