Sundaram-Clayton inaugurates new foundry in Chennai
Deepthi | Myequity news | Date : 11-10-2018 17:00:00 IST
Sundaram-Clayton Ltd. (SCL), a member of the TVS Group, today inaugurated its new foundry at Oragadam, near Chennai, Tamil Nadu. The new facility was inaugurated by Mr. Young Key Koo, Managing Director and CEO of Hyundai Motor India Limited. The Oragadam plant has been set up with an investment of over Rs. 150 Crores. This major capacity expansion aims to meet the rapidly growing demand for its products from the automotive industry and will primarily serve Hyundai Motor India Limited. With a capacity of 8000 tonnes, the plant will produce machined castings ranging from 1.9 kgs to 7.2 kgs.
As a leading manufacturer of machined aluminium castings, SCL produces more than 50,000 tonnes of castings annually for the passenger car, commercial vehicle and two-wheeler segments, supplying to key customers like Hyundai Motor Company India Ltd., Cummins, Volvo, Daimler, PACCAR, BMW, Honda, Ford, HANON, WABCO, ZF and TVS Motor Company. SCL is known for its industry leading quality practices and its best practices in manufacturing, driven by Total Quality Management (TQM), Total Productive Maintenance (TPM) and lean manufacturing. About Sundaram Clayton Limited:
“At SCL we are committed to work as closely with the customer as possible,’’ said Dr. Lakshmi Venu, the Joint Managing Director of SCL. “This facility reinforces our drive to serve our customers by cutting down supply times because of the proximity to their factories and gives us a competitive edge. This is a critical advantage given the lean inventory management of our customers who want the supply chain to be agile.”
Sundaram-Clayton Ltd., (SCL) is a part of the conglomerate TVS Group, which was established in 1911 in India. The TVS Group operates in multiple geographies and in various sectors worldwide ranging from automotive components and two-wheelers to finance and logistics. SCL is a leading manufacturer of machined aluminum die-castings, producing over 50,000 tonnes of castings for the passenger car, commercial vehicle and two-wheeler industries in India and globally.