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Sundaram-Clayton Ltd sets up Rs 150 cr foundry at Oragadam

Press Trust of India  |  Chennai 

Sundaram-Clayton Ltd, a TVS Group company, has set up new foundry at an investment of Rs 150 crore in near here.

The plant, which would primarily serve auto Hyundai Motor India, would also meet the growing demand for automotive products, a company statement said.

and CEO, Young Key Koo formally inaugurated the facility recently.

Sundaram-Clayton Ltd, Joint Lakshmi Venu said "at SCL we are committed to work closely with customer as possible.

This facility reinforces our drive to serve our customers by cutting down supply times because of proximity to their factories."

The plant would have a capacity of 8,000 tonnes and would produce machine castings ranging from 1.9 kg to 7.2 kg.

The capacity expansion was part of the SCL's strategy to partner in the light-weight of customers' vehicles, both with research and development and also in supply chain solutions, the statement added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 12 2018. 18:05 IST