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Sundram Fasteners signs MoU with Tamil Nadu govt for Rs 1,411 cr investment

The planned investment spans up to 2027–2028 and will be used for capacity expansion of existing products, including components for electric vehicles.Read more

Cyclone Michaung paralyzes Chennai: Major industries. IT hubs grapple with floods

The production at six prominent auto component units, including Lucas TVS, Wheels India, Sundram Fasteners, Sundaram Clayton, and Brakes India, faced disruptions for the third consecutive day.Read more

Tesla's Cybertruck launch sparks optimism for Indian auto component market

Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more

Sundram Fasteners shows Rs 500 Cr profit in audited financial results for FY23

The board of directors of Sundram Fasteners Limited announced the audited financial results for the year ended March 31, 2023. It showed the twin milestones of crossing consolidated revenues of Rs 5,000 crores and net profit of Rs 500 crores by the company.Read more

General Motors honours Sundram Fasteners with Supplier of the Year award

Sundram Fasteners Limited (SFL) receives the recognition for the 10th time as ‘Supplier of the Year’ from General Motors (GM). SFL supplies key products to GM, including transmission shafts, radiator caps, pumps & assemblies and others. Read more

Sundram Fasteners bags $ 250 mn contract from global EV maker

SFL plans to invest Rs 200 crore to support the new orders under the six-year long purchase package involving the supply of input & stator shaft sub-assemblies and drive gear sub-assemblies.Read more

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