December 3, 2007

Sundram Fasteners - Updates

1. The Company has established a manufacturing facility with an initial investment of around Rs 30 crores in Pantnagar, Integrated Industrial Estate, Rudrapur, Dist Udam Singh Nagar, Uttarakhand, for the manufacture of high tensile fasteners, powder metal parts, water pumps and oil pumps. The commercial production has commenced from December 01, 2007.

2. Pantnagar unit will cater to the requirements of Tata Motors, Bajaj Auto, Mahindra & Mahindra and other customers located in the northern region besides servicing after-market requirements.

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