Led by GenNext, Sundram Fasteners eyes buyouts in defence, EV segments

GenNext women at the helm of Sundram Fasteners Ltd (SFL), a leading auto parts company of the TVS Group, are not only boldly venturing into newer business areas, but also pursuing inorganic growth opportunities for scale and future growth.

Over the years, Suresh Krishna, a doyen of the auto component industry and Chairman of SFL, has built the company into a globally-reputed and well-managed auto parts firm in India.

Building up on the momentum, the company’s Managing Director Arathi Krishna (second daughter of Suresh Krishna), has been aggressively pursuing growth in segments such as aerospace and defence and electric vehicle. Suresh Krishna’s third daughter Arundathi Krishna is the Joint Managing Director, while the eldest daughter Preethi Krishna is on the Board of the company.

SFL is looking to acquire companies in aerospace, defence and electric vehicle segments, which are…

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