TVS Supply Chain soars on securing a 3-year contract from DICV

Shares of TVS Supply Chain Solutions closed 2.43% higher on Tuesday despite broader weakness in the market after the company secured a three-year contract to manage in-plant warehouse operations.

TVS Supply Chain Solutions (TVS SCS) has secured a three-year contract from Daimler India Commercial Vehicles (DICV) to manage its in-plant warehouse operations at its manufacturing facility in Chennai.

The partnership reinforces TVS SCS’s commitment to delivering efficient, technology-driven supply chain solutions to global automotive leaders. Approximately 700 employees from TVS SCS will be deployed for this engagement.

Under the agreement, TVS SCS will manage end-to-end warehouse operations within DICV’s manufacturing facility, ensuring seamless material flow, optimised inventory, and enhanced operational efficiency.

By leveraging advanced technologies, including IoT-based tracking for real-time visibility, automation-led systems to reduce manual handling, predictive analytics for smarter planning, and digital dashboards for centralised performance monitoring. These capabilities will help strengthen DICV’s production ecosystem and support its focus on efficiency and quality.

Earlier in December, the company received approval to make further investment up to ₹100 crore in FIT 3PL Warehousing, a wholly owned subsidiary of the company, to facilitate business expansion. The funding shall be an aggregate of up to ₹100 crore by way of equity and equity-like instruments in one or more tranches. The Board of Directors of the company, in its meeting held on December 09, 2025, has approved the same.

TVS Supply Chain Solutions is an Indian supply chain logistics solution provider that has global capabilities and a network across the value chain with cross-deployment abilities.