Sundram Fasteners Limited (SFL), part of the $8.5 billion TVS group, recently announced its Q2 results for FY 2020. The net profit of SFL (standalone) for the Quarter ended 30th September 2019 was at Rs 71.07 crore, as against Rs 110.66 crore during the same period in the previous year. Revenue from the operations of Sundram Fasteners Limited for the[Read More…]
T Murrali With rising competition coupled with ever increasing operating cost the challenge for any component manufacturer to stay afloat is to contain the cost of manufacturing. This is gaining significance since these issues directly hit the bottom line and may even pave the way for organisations to exit the business. However, options to contain variable costs are falling due[Read More…]
Martin Koers, President, Verband Der Automobilindustrie (VDA) draws attention to the need of taking green energy sources seriously by Auto components manufacturers from a long term perspective. He speaks to ACI correspondent, Deven Lad about similarities between the Indian and German auto industry and the changes that the stakeholders of the respective nations can look forward to. Q. How stable[Read More…]
