TVS Mobility, the company that oversees the businesses managed by the T S Rajam family, has announced today the signing of an MoU with Mitsubishi Corporation, a globally integrated business enterprise with a network of approximately 1,700 group companies, for the launch of the TVS Mobility Mitsubishi Employee Exchange Program (TMMEEP).
Under this agreement, Mitsubishi Corporation Japan and/or its affiliates will host employees from TVS Mobility, providing them with training and skill development in the automotive and mobility sector, including expertise in inspections in auctions and service mechanics.
Conversely, TVS Mobility India will welcome employees from Mitsubishi Corporation, offering them insights into the digital deployment in the Aftermarket business and extending support for the growth of the Independent Aftermarket.
Employees under the age of 45 with a minimum of 3 years of service with TVS Mobility Group and Mitsubishi Corporation are eligible for participation in this exchange program.
This exchange program, a first-of-its-kind initiative, is designed to foster mutual growth and innovation, facilitate seamless cross-learning, enhance skills and domain knowledge, and share business management expertise. It is also designed to train the next generation of leaders within the two organizations.
R. Dinesh, Director, TVS Mobility group said, “We are excited to embark on this journey with Mitsubishi Corporation as there is a huge scope to address skill gaps and share best practices between the two organisations. Further, this platform will enable us to leverage our synergies and identify mutually beneficial projects and initiatives, which could be explored through this two-way cooperation. I am sure this program, through cross-learning, will propel both companies to achieve greater heights and collaborative success.”
Wakabayashi, Executive Vice President & Mobility Group CEO, Mitsubishi Corporation said“We are pleased to expand mobility business in the Indian market together with the TVS Mobility Group, who has a long history, a proven track record, and is trusted by customers. Since we began collaborating with TVS Mobility in 2018 on the TASL/Ki (Automotive spare parts distribution and after-sales service) business, we have strengthened, expanded, and deepened our relationship, including our recent announcement to join hands with TVS VMS for multibrand dealership business.”
Scope of the program:
The start of this program is very important not only to deepen the partnership and engagement between TVS Mobility group companies and Mitsubishi Corporation, but also, to pave the way for increasing the mobility of Indian talent and skilled workers to Japan for which requirement there is a huge opportunity as there is a shortage of skilled manpower in Japan.
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