TVS Supply Chain Solutions Share Price Surges 7%; Signs MoU with Japan’s Sankyu

TVS Supply Chain Solutions (TVS SCS) has signed a MoU with Japan-based Sankyu Inc. The two companies will work together in supply chain and engineering services, as per the exchange filings.  

As part of the agreement, Sankyu plans to buy a 0.5% stake in TVS Supply Chain Solutions. The stake purchase will need the required regulatory approvals before it can go ahead.  

What Will the 2 Companies Work On? 

TVS SCS and Sankyu will look for business opportunities in areas such as logistics, warehousing, transportation, engineering services, maintenance and industrial support. 

TVS SCS will bring its supply chain network and customer base, while Sankyu will bring its experience in engineering and logistics.  

Partnership Will First Focus on India 

The companies will first look at business opportunities in India. 

There are more than 1,400 Japanese companies operating in India, mainly across manufacturing and other industrial sectors. The two companies plan to offer their services to these businesses as well as other customers.  

Plans to Expand to Other Countries 

The partnership may later move beyond India. 

TVS SCS and Sankyu plan to look for opportunities across Asia, the Middle East and Africa. They may also work together in other countries where either company already has a presence.  

Joint Committee to Handle the Partnership 

Both companies will form a joint steering committee with members from TVS SCS and Sankyu. 

The committee will look for new business opportunities and handle the main work related to the partnership.  

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TVS Supply Chain Solutions Share Price Performance 

As of August 24, 2026, at 12:00 PM, TVS Supply Chain Solutions share price was trading at ₹130.34 per share, reflecting a surge of 7.33% from the previous trading session. 

Conclusion 

TVS Supply Chain Solutions has signed an MoU with Sankyu to work together in supply chain and engineering services. The partnership will start with India and could later expand to other markets, while Sankyu also plans to take a 0.5% stake in TVS SCS.  

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