Sundram Fasteners bags GM’s supplier of the year award

01 Apr 2022 CW Team

General Motors (GM) has announced Sundram Fasteners Ltd (SFL) powertrain's components division as supplier of the year in its 30th Annual Supplier of the Year awards.

This is the ninth time the Chennai-based auto component manufacturer has received the prestigious award, demonstrating its consistent quality and ability to meet global engineering benchmarks. Sundram Fasteners provides GM with critical products such as transmission shafts, radiator caps, and other components that can be found in prestigious GM brands such as Cadillac, GMC, and Chevrolet. This comes on the heels of the Ministry of Heavy Industries (MHA) approving the Company's application under the PLI Scheme's Component Champion Incentive Scheme.

The PLI Scheme aims to create a dependable supply chain for Advanced Automotive Technology (AAT) components. A minimum investment of Rs 250 crore over five years, with at least Rs 100 crore in the first two years, is required to meet the eligibility criteria.

The company has a projected investment of over Rs 350 crores for manufacturing Advanced Automotive Technology (AAT) components like powertrain sub-assemblies for Electric Vehicles (EV) and select Internal Combustion Engine (ICE) vehicles out of capital expenditure of Rs 2,000 crores planned over the next five years.

The PLI scheme, according to Arathi Krishna, Managing Director, will benefit the sector in a variety of ways by increasing localization and making India an export hub in the global auto supply chain.

Image Source

Also read: LG Energy Solution plans to increase sales by 8% in 2022

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..