 "Sundaram Clayton's Hosur plant")
Sundaram-Clayton Limited (SCL), a flagship company of the TVS Group and a manufacturer of aluminium cast products for automotive OEMs, plans to invest about Rs 750 crores to enhance its capabilities in India and the US. While it will spend Rs 400 crore over 3 years to expand its facilities in India, the company will invest additional Rs 350 crores to set up a greenfield production plant in the US – SCL’s first manufacturing facility outside India.
As per the plan, the investment in India will raise its capacity from 60,000 MT to 70,000 MT. The planned investment will enable SCL,
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