Sundaram Home Finance Expands South TN Presence

26 Mar 2026 CW Team

Sundaram Home Finance has expanded its Emerging Business (EB) segment footprint in South Tamil Nadu with new branches in Sankaran Koil and Ambasamudram.

The company plans to open five additional branches in the region over the next 12 months as part of its expansion strategy. The EB segment includes affordable housing finance and working capital loans.

Sundaram Home Finance is targeting disbursements of Rs 2 billion in South Tamil Nadu in the EB segment in the coming year.

Commenting on the expansion, D. Lakshminarayanan, Managing Director, Sundaram Home Finance, said, “We had diversified into the Emerging Business segment in October 2022 with a foray first into South Tamil Nadu setting up new branches in and around Madurai. In the last 3 ½ years, we have established a strong base in South TN with 15 Emerging Business branches. In the next phase of our expansion, we are looking to solidify and strengthen our presence in South TN penetrating deeper into Tier 4 and 5 towns in this region.”

The company currently operates over 100 Emerging Business branches across Tamil Nadu, Andhra Pradesh, Telangana and Karnataka.

For the nine months ended 31 December 2025, Sundaram Home Finance reported a net profit of Rs 2.12 billion on disbursements of Rs 49.11 billion.

Infrastructure Energy

15 Apr 2026

TEXMiN Signs MoUs, Announces Startup Funding at IInvenTiv 2026

TEXMiN IIT (ISM) Dhanbad has announced a series of strategic industry collaborations and startup incubation funding during IInvenTiv 2026, aimed at strengthening India’s mining and deep-tech innovation ecosystem. TEXMiN functions as the Technology Translation Research Park (TTRP) supported by the Department of Science and Technology (DST), Government of India.The announcements were made at the inaugural ceremony of IInvenTiv 2026, the Ministry of Education’s flagship R&D fair being hosted at IIT (ISM) Dhanbad. The event brought together academic institutions, startups, investors, indus..

IEEMA Launches ELECRAMA 2027, World’s Largest Electrical Show

Indian Electrical & Electronics Manufacturers’ Association (IEEMA) has officially announced the 17th edition of ELECRAMA, billed as the world’s largest electrical show. ELECRAMA 2027 will be held from February 20 to February 24, 2027 at India Expo Mart, Greater Noida, Delhi. The upcoming edition will be organised under the theme “Harnessing the power of ‘I’.”According to IEEMA, the theme highlights multiple dimensions including India’s growing global capabilities, intelligence-led innovation, industry impact, immersive stakeholder experiences, knowledge-driven insights throug..

Action TESA Launches OrnaMatte Range with Durable Matte Surface Finishes

Action TESA has introduced OrnaMatte, a new range of performance-driven matte finishes aimed at enhancing modern interior surfaces with a balance of aesthetics and durability. The company, known for engineered panel products including MDF, HDHMR, Boilo and particle boards, said the offering aligns with evolving consumer demand for contemporary yet long-lasting furniture and interior solutions.The company noted that in the Indian market, surface finish selection is often influenced by architects, interior designers and peer recommendations, rather than personal preference alone. Interior design..