T.S. Mahalingam and Sons was started in 1935 to cater to the second hand car market in the city of Madras.
Today, after seven decades and three generations, TSM has grown and diversified, and is a 250 crore business employing more than 200 people in four cities across South India.
However, the second hand car market is still the core of the organisation and TSM is a name to reckon with and almost the only credible name in South India in the business of used cars.
TSM has been a pioneer in the market through constant innovations in all its fields of activity.
A commitment to honesty, integrity and transparency has given it an impeccable image among its customers. With more than 70,000 customers and 70,000 used cars sold, TSM embodies its commitment to the philosophy - Our Word is as Good as a Guarantee.
In addition to the second hand car business, TSM has allied itself with Citibank and has been their single largest retail partner in the country for the last ten years. In this context, it has evolved new lines of business.
TSM is involved in the distribution of various financial products from Citibank.
It operates franchises of Citibank like Autoline and Shelters across four cities in South India
Loans worth approximately 20 crores a month are sourced across locations.
Telemarketing, sales tracking and monitoring systems are effectively used to enhance productivity
A large database is generated
Operating under the brand name Indiahome, real estate agency services are provided. This works in synergy with the home loan sales generated by Shelters.
Property finding services
Rental management.
Valuation and legal services. |