“Creator of Prosperity”
Shree Jayendra Saraswathy Vidyalaya Educational and Charitable Trust.
It is a private family-owned trust instituted in the year 1980. It is managed by a board of Trustees. The first chairman of the Trust was the late Shri. D. Balasundaram popularly known as Textool Balasundaram.
This title was conferred on him by the Coimbatore Chamber of Commerce. Shri. D. Balasundaram played a seminal role in the development of the industry in the Coimbatore region. The Indian Chamber of Commerce and Industry, Coimbatore honoured him with “Creator of Prosperity” award. It was awarded by President APJ Abdul Kalam for paving a way for the development of industry in the Coimbatore region. Through his pioneering concept of sub-contract and ancillarisation, he encouraged many of his employees and associates to start their own ventures to produce components.