Sundram Fasteners Limited
The Government aims to double its exports of Auto Components to US$ 30 billion by 2026.
Started in 1966, Sundram Fasteners Limited has grown into a global leader, manufacturing critical, high precision components for the automotive, infrastructure, windmill, and aviation sectors. The company’s varied range of products encompass fasteners, powertrain components, sintered metal parts, iron powder, cold extruded parts, radiator caps and wind energy components.
- Global leader in manufacturing critical and high precision components.
- Consolidated total income of Rs. 1,403.03 crore (US$ 169.28 million) in third quarter FY23.
- Major auto component exporter with 32% revenue from exports.
Sundram Fasteners Limited bolted by trust, transparency, and communication
| Year | Milestone |
|---|---|
| 2023 |
In April 2023, Sundram Fasteners (SFL's) Powertrain Components Division has received the prestigious Supplier of the Year award from General Motors (GM) at its 31st Annual Supplier of the Year awards for the tenth time. In January 2023, Sundram Fasteners Limited bagged a Rs. 2,043.25 crore (US$ 250 million) contract by a leading global automobile manufacturer for the supply of sub-assemblies for its electric vehicle (EV) platform. This deal is one of the largest bagged by a supplier in India for this range of products for an electric vehicle platform. |
| 2020 |
A new SEZ unit at Sri City, Andhra Pradesh, was set with an initial investment of Rs. 100 crore (US$ 14.31 million) |
| 2018 |
Surpasses the milestone of net profit of Rs. 100 crore (US$ 14.92 million) the first time |
| 2017 |
Board of Directors approve amalgamation of Sundram Precision Components Limited (SPCL) with Sundram Fasteners |
| 2015 |
Acquires 49.16% equity stake in TVS Infotech Limited |
| 2007 |
Commences production of hubs and shafts for automotive gear boxes from its facility in Special Economic Zone Mahindra World City near Chennai |
| 2006 |
Receives honour for excellence in export from ACMA |
| 2004 |
Inaugurates its first offshore facility in Haiyan county of China |
| 2000 |
Receives Automotive Components Manufacturers Association (ACMA) Export Trophy for 1999-2000 for excellence in export performance |
| 1999 |
Bestowed `Supplier of the Year' award from General Motors Corporation (US) for the third successive year |
| 1997 |
Signed an agreement with General Motors USA for supplying their entire requirement of radiator caps |
| 1992 |
Established an Export Oriented Unit (EOU) for production of radiator caps oil filler caps and petrol filler caps for General Motors USA |
| 1982 |
Introduced new products in technical collaboration with Neumeyer Germany |
| 1965 |
Name of the company changed to Sundram Fasteners (P) Ltd |
| 1962 |
Incorporated under the name Kasjax Engineering Ancillaries |
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