The spare parts manufactured through this agreement will be used in various electric vehicle models including MHEV/PHEV/BEV, medium-sized trucks, SUVs and sedans. It is planning to introduce these new aftermarket vehicles in North America in 2024.
Sundram Fasteners Limited
Sundaram Fasteners estimates that the company’s annual sales will peak at Rs 428.84 crore (52 million) by 2026 by manufacturing and supplying 15 lakh spare parts per annum.
