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Sundaram Clayton, TVS Motor to invest Rs 800 crore in three years

09 Sep 2015 Evaluate

Sundaram Clayton and TVS Motor Company are together planning to invest around Rs 800 crore over the next three years in Tamil Nadu. This will be increasing the two-wheeler capacity from 2 million to 2.5 million in Tamil Nadu. The investment will be on castings, plastic and aluminium casting and also on the BMW project.

Sundaram Clayton is one of the largest suppliers of aluminium die castings in the country. The company exports its products to international Original Equipment Manufacturers.

Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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