Sundaram-Clayton Ltd. (SCL), a
member of the TVS Group, inaugurated its new foundry at Oragadam, near Chennai,
in Tamil Nadu. The new facility was inaugurated by 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 crore.
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.
“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,” she added.
SCL is confident that the
Indian automotive market will continue to see robust growth. With
fuel-efficiency improvements being important to the Indian market, aluminium
components will play a key role in supporting OEMs to meet their consumers’
expectations. This capacity expansion is a part of SCL’s strategy to partner in
the light-weighting of their customers’ vehicles, both with R&D capability
and a responsive supply chain.
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