Stocks

Sundaram-Clayton’s US auto-parts unit starts ops

| Updated on May 17, 2019 Published on May 17, 2019

 

Sundaram-Clayton, a TVS Group company, on Friday said its first overseas auto-component manufacturing facility in the United States has commenced operations. The facility, set up at a project cost of ₹630 crore, would make Sundaram-Clayton Ltd (SCL) a global player. It would produce 1,000 tonnes of castings in the first year which could be scaled up to 10,000 tonnes in five years. SCL would manufacture a range of high-pressure die-cast and gravity die-cast parts at the unit.

Published on May 17, 2019
This article is closed for comments.
Please Email the Editor