Investment of *350 crore by Sundram Fasteners in advanced technology


As Sundram Fasteners Ltd. MD Arathi Krishna recently announced, the company has set aside approximately 350 crore over the next five years for the development of AAT components.

According to a statement from SFL, AAT components, such as powertrain sub-assemblies for electric vehicles (EVs) and select internal combustion engines (ICEs), were expected to cost more than 350 crore out of the planned capex of 2,000 crore over the next five years, according to a statement from SFL.

Components from the Chennai-based auto component major will be supplied by global original equipment manufacturers under their electric vehicle programs, it said in an announcement today.

A PLI Component Champion Incentive Scheme application submitted by SFL was accepted on Wednesday by the Ministry of Heavy Industries, according to a statement released by SFL that day.

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It is the goal of the PLI programme to build a strong supply chain for AAT components. A minimum investment of 250 crore over five years, with at least 100 crore in the first two years, is required to meet the eligibility criteria.

By increasing localization and making India an export hub in the global supply chain, the PLI scheme will have a positive impact on the industry, she said.

The SFL Powertrain Components division of General Motors has been named Supplier of the Year. For the ninth time in a row, SFL has been honoured with this prestigious award. SFL provides GM with a number of critical components, including transmission shafts and radiator caps.

Since our inception, we have made significant investments in new product development, R&D, and technology. The GM award truly reflects our journey. ” “This award motivates us to develop new technology-based products every year,” she said.

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Zaid Quraishi
My name is Zaid Quraishi. I pride myself on being a meticulous and organized individual who has done his Bachelors in Medical Technology and currently pursuing my Master's in the same course from Sher-e-Kashmir Institute of Medical Sciences. I belong to the beautiful valley of Kashmir, and my hometown is Srinagar. I am the elder sibling of my younger brother. As far as my strengths are concerned, I am effectively communicative, optimistic, reliable, a team player, and time-efficient. My weaknesses are that I am an honest person and I tend to be blunt, and sometimes, I like to work alone. I am passionate about content writing, online gaming, and learning new things, especially languages (currently German). I have written two papers for my University degree, which helped me immensely in learning how to write effectively. I am confident in my writing skills, and I can effectively pour my thoughts out in writing and express myself so that the reader relates to it and is intrigued by the content. I love to play with my pet cat, and she is a darling to me. The thing that I dislike the most is being distracted when you are in the zone. Currently, I am a content writer in a dynamic work environment at Shouzy, ready to improve readers' satisfaction and increase retention levels.


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