TVS Mobility, the holding company for businesses managed by the T S Rajam family members, has signed an MoU with Mitsubishi Corporation (MC), a globally integrated business enterprise with a network of around 1,700 group companies, to launch TVS Mobility Mitsubishi Employee Exchange Programme (TMMEEP).
To start this agreement, MC Japan will host employees from TVS Mobility, offering skill development and training in the automotive and mobility sectors, covering inspection in auctions, service mechanics, etc. On the other hand, TVS Mobility India will host employees from MC, providing them insights into digital deployment in the aftermarket business and supporting the growth of the independent aftermarket. Employees under 45 years of age with over three years of service with TVS Mobility Group and Mitsubishi Corporation are eligible for this exchange programme.
This exchange programme, 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, besides training the next generation of leaders within the two organisations.
Commenting on this initiative, R. Dinesh, Director of 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 explored through this two-way cooperation. I am sure this programme, through cross-learning, will propel both companies to greater heights and collaborative success."
Commenting on this initiative, 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, which has a long history, a proven track record, and 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 a multi-brand dealership business. With this mutual personnel exchange programme, we hope that employees of both companies will not only acquire skills, know-how, and expertise but also gain a deeper understanding of each other's cultures, and contribute to the development of both companies and the development of Japan-India relations over the long term."
Scope of the program:
The launch of this programme will be crucial in strengthening the partnership and collaboration between TVS Mobility Group companies and Mitsubishi Corporation. It will pave the way for increased mobility of Indian talent and skilled workers to Japan. This is a significant opportunity, as there is an acute shortage of skilled manpower in Japan. The involvement of Japanese talent in India will further speed up cultural integration and give people mobility in the best manner possible.
The partnership between TVS Mobility and Mitsubishi Corporation will launch with two key activities. The collaboration will create various opportunities for mutual learning and cultural integration in areas such as operations and workflow improvements, supply chain visibility and technology deployment, as well as large-scale digital transformation. This collaboration allows flexibility for movement within TVS Mobility companies, such as TVS Supply Chain Solutions, TVS Vehicle Mobility Solutions, ki Mobility, and other manufacturing companies. On the Mitsubishi side, there will be rotations between the automotive and mobility group functions, which have a diverse portfolio.