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Shriram Group
Presented To: Presented By:
Avneet
Name
• 1974 – Chit fund business
• Applied for the name Lakshmi
• Unavailable
• Authorities offered Shriram
Reasons behind Startup
• R. Thyagarajan set up business
• Reason to help his friend
• A.V.S Raja wanted to leave railways
• Led to start of chit fund
Reasons behind Startup
• 1979 : Shriram Transport Finance ltd.
• To help L. Jayaraman(musician)
• Contribution by him and his friend
Founders
• Mr. R. Thyagarajan
• Mr. A.V.S Raja
• Mr. L Jayaraman
Three Musketeers who ventured into
these businesses
Vision and Mission
Structure
Timeline
Facts about the group
• “People First” is their mantra
• Unique Management Philosophy:
i. Total empowerment of employees
ii. Decentralized decision-making process
iii. Freedom of action
iv. Views employees as potential partners
Facts about the group
• Not into any business on its own
• Support people who are entrepreneurial
• Not much expenditure on uniforms
• Staff are taught to keep eye on cost
Products
Products offered by STFC
Organisational Structure of STFC
Organisational Structure
Growth
Ecosystem
News
IDFC-Shriram merger called off on
differences over swap ratio
News
Future Scenerio
• Strengthen not merely the financial
services business, but also sacrifice
some of its wealth to support non-
financial business particularly in
manufacturing and innovation.
• Allocate 25 per cent of group’s wealth in
building new businesses
THANK YOU!!!!!

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Shriram group