Tag: Sundaram-Clayton business divestment
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India: Sundaram-Clayton to sell aluminium die-casting operations at Hosur plant
Sundaram-Clayton, a leading automotive components manufacturer, has announced the sale of high-pressure and low-pressure aluminium die-casting operations at its Hosur plant. The decision, approved by the Board on 19 Feb’25, will involve third-party buyers. Key details of the sale, including the buyer and consideration, are as yet undisclosed and will depend on regulatory approvals and…