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TVS Upasana Ltd, a wholly owned subsidiary of Sundram Fasteners, has commenced a new division at its plant in Vallam Vadagal, Sriperumbudur, with an investment of Rs 17 crore to be spent over three years. The division will manufacture radiator cap covers and filter element parts.
TVS Upasana, a wholly owned arm of Sundram Fasteners, has commenced a new division to make radiator cap covers and filter element parts, with a planned investment of ₹17 crore over three years.
Sundram Fasteners Ltd. has forayed into aerospace and defence sectors to reduce dependence on the auto industry. The company has incorporated Sunfast TVS Ltd. and TVS Engineering Ltd. as wholly owned units for components, with a budget of ₹100 crore.
| Site | Largest | Latest |
|---|---|---|
| Vallam Vadagal, India | $230K | 2020-11-05 |
| India | $2.30M | 2020-11-04 |