We will continue with China operations, says JMD, Sundram Fasteners

The China facility is running profitably and manufactured fasteners, bearing housings and castings, and the company had invested adequately for the current level of operations there, Krishna said

Sundram Fasteners, part of the $8.5 billion TVS Group, said that it's Chinese venture continued to be profitable and the company did not foresee any impact on its China operations.

"We have been in China for the past 15 years. We have understood the China market. Local Chinese customers now recognise 'Sundram' as a reliable supplier. We have seen an 8% CAGR in the last two years," says Arundathi Krishna, JMD, Sundram Fasteners.

Saying that the facility was running profitably and manufactured fasteners, bearing housings and castings, she added that the company had invested adequately for the current level of