Fastest Growing Companies 2015

Wheel of fortune

Softening raw material cost, a strong dealer network and rural growth have led to TVS Srichakra rolling in the green

RA Chandroo

To use a slightly worn-out but entirely true turn of phrase, TVS Srichakra, the tyre manufacturing arm of the $6.5-billion TVS Group, has been on a roll. The company, which is the market leader in the two-wheeler and three-wheeler domestic OEM tyre market, has seen its revenue grow by 25% and net profit rise by 27% over a five-year period, helped in part by falling rubber prices, better inventory management and lower debt.