Sundaram-Clayton to launch its first overseas plant at a cost of Rs 630 cr

The unit is coming up in the United States and will serve the North American market; operations start in September 2019

Sundaram-Clayton Limited (SCL), the holding company of TVS Motor, inaugurated its first overseas facility the United States, through its subsidiaries. The company plans to serve its customers in North America, its biggest export market. It has invested Rs 630 crore in the plant.

This expansion will establish SCL as a global player from India. The operations will commence by September 2019, said the company.

The US market currently represents about 60 per cent of the company’s exports and 40 per cent of its revenues. 

An on-shore presence will enable SCL to sharply reduce delivery lead times, giving it a competitive