# Sundram Fasteners plans ₹150 crore capacity expansion

Sundram Fasteners has earmarked about ₹150 crore for capacity expansion of existing lines of business, with facilities in Andhra Pradesh, Tamil Nadu and Puducherry.

- Type: Expansion
- Announced: 2020-11-04
- Where: Andhra Pradesh, Tamil Nadu, Puducherry, India
- Value: $20.3M (150.0M INR)
- Status: announced
- Products: fasteners
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sundram Fasteners](https://endata.com/companies/9284.md)

## Sources

- [thehindu.com](https://www.thehindu.com/business/sundram-fasteners-diversifies-into-aerospace-defence/article33024817.ece), 2020-11-04: "For the current fiscal, SFL had earmarked about ₹150 crore for capacity expansion of existing lines of business."
- [siliconindia.com](https://www.siliconindia.com/news/general/sundram-fasteners-to-venture-into-aerospace-defence-sectors-nid-214509-cid-1.html), 2020-11-05: "Sundram Fasteners said it proposes to spend about Rs 150 crore towards capacity expansion, and a sum of Rs 63 crore has already spent during the first half of the year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.