Sundram Fasteners to invest Rs 1,411 crore across its facilities in Tamil Nadu
时间:2024-06-26 12:48:26 阅读(143)
Sundram Fasteners, one of the largest suppliers to OEMs and automakers globally has signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu for a proposed investment of Rs 1,411 crore during the Tamil Nadu Global Investors Meet 2024, Chennai.
The investment is proposed to be made in Sundram Fasteners factories across Tamil Nadu situated at Padi; Mahindra World City, SEZ; Velappanchavadi; Gummidipoondi; Hosur; Aviyur, Madurai and Mittamandagapattu, Villupuram. The company says the investments made in Mahindra World City, SEZ fall under both the Industrial Policy and the EV Policy.
Arathi Krishna, MD, Sundram Fasteners said, “We have a supportive government that prioritises innovation and industrialisation, making Tamil Nadu an attractive destination for investors. With this strategic investment, we are proud to expand growth opportunities and reach new milestones. We are grateful to the government of Tamil Nadu for their unwavering support, which has played a crucial role in our success. As we move forward, we remain committed to producing and delivering high-quality products, creating a positive impact on our community, and contributing to the State’s overall economic prosperity.”
上一篇:Rupee slips 6 paise to close at 81
下一篇:Zomato share price plunges 14% intraday, hits new all-time low; check what’s fuelling the sell-off
猜你喜欢
- Rupee to appreciate further amid soft dollar, rise in risk appetite; dollar index may decline till 100
- Rupee opens 6 paise higher against US dollar, may trade range-bound amid mixed cues
- Rupee may hold steady on risk aversion in markets, gains in regional peers; USDINR to trade with positive bias
- Sebi’s new disclosure norms for listed companies to kick in from Saturday
- Dharmendra Pradhan and CM Yogi Adityanath launch 928 PM SHRI Schools in Lucknow
- Sensex, Nifty open in green on Monday; NDTV shares rise 5%, Tata Motors shares up over 1%
- Rupee rises 4 paise to close at 82
- Sebi tweaks SOP in case of defaults by trading, clearing members
- Sebi seeks more time to probe Adani