Brief: Sundaram Clayton to set up manufacturing facility in US

TVS Holdings

09/02/2017 13:00

Feb 9 (Reuters) - Sundaram Clayton Ltd  SUND.NS  
    * Says to invest INR 4 billion in India 
    * Says co's facility in US in South Carolina's Dorchester 
county 
    * Says to set up manufacturing facility in US 
    * Says plans to increase facilty to 70,000 MT 
    * Says serial production in US facility set to start by end 
of 2018 
    * Says to invest $50 million to create 10000 MT capacity 
over 5 years 
 
Source text - (http://bit.ly/2kWsk8y) 
Further company coverage:  SUND.NS  
 
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