TSF Group Targets Business Doubling by 2031 with ₹2,500 Crore Capex Plan.

The TSF Group, formerly part of the TVS Group and recently rebranded from the TS Santhanam family companies, has unveiled an ambitious growth roadmap to more than double its business by 2030–31.

The group, which includes entities such as Sundaram Finance, Wheels India, and Brakes India, plans to invest ₹2,500 crore in capital expenditure to scale up its manufacturing business. The goal is to increase manufacturing revenue from the current ₹16,000 crore to ₹32,000 crore over the next five years.

In the financial services segment, the group aims to significantly expand the Sundaram Finance Group’s assets under management (AUM) from ₹1.5 lakh crore to ₹4 lakh crore by FY31. The financial arm includes Sundaram Finance, Sundaram Home Finance, Royal Sundaram General Insurance, Sundaram Asset Management Company, and Sundaram Alternate Assets.

The growth plan signals TSF Group’s intent to become a major diversified player in both manufacturing and financial services, leveraging its legacy and newly consolidated identity.