SFL is Now a Broad-based Engineering Firm

Is Sundram Fasteners Ltd. (SFL) a mere fastener maker? No longer, says Suresh Krishna, its Chairman and Managing Director.“It is a ‘misnomer’ to call SFL, a fastener company, as it is a well diversified engineering firm that also produces fasteners.”

SFL’s SEZ-Mahindra World City factory supplies auto transmission parts to General Motors, Ford and others. Puducherry unit produces fasteners, hot forged parts and parts for wind energy.

“So, if a customer wants, we can make it. It does not have to be only fasteners, castings or forgings. Ours is a broad-based engineering company. We mostly export our products to the U.S. market,” he said.

SFL is the first Indian company to have set up base in China. It started commercial operations during May 2004. Since then, Sundram Fasteners (Zhejiang) Ltd. manufactures and sell high-tensile fasteners and other automobile parts to the Chinese automobile industry.

“We are present both in India and China. Compared to India, China is already a big market. Products manufactured in Zhejiang cater to the Chinese market. We will expand our presence there and make inroads into Chinese market, but the big thing in China is to have sustainability,” he said.