Sundram Fasteners Powers Up Growth with ₹400 Crore Capex Push

Sundram Fasteners (SFL) is investing ₹400 crore in capital expenditure this financial year to boost manufacturing capacity across its automotive and industrial sectors. To capture rising demand across ICE, PHEV, and EV segments, SFL will allocate ₹250 crore to expand its fasteners division—focusing on high-growth wind energy, space, and aerospace applications—and ₹100 crore to scale high-value precision-engineered components in its cast and machined assemblies business. This strategic expansion strengthens SFL’s technological edge and product diversity while leveraging strong customer footprints in the US, Europe, and India to drive long-term global growth.

News by Rahul Yelligetti.