Sundram Fasteners Pivots Toward Non-Auto Growth and Export Recovery

Sundram Fasteners Pivots Toward Non-Auto Growth and Export Recovery

Chennai-based engineering giant Sundram Fasteners Limited (SFL) has announced a strategic shift aimed at long-term growth by prioritizing a recovery in export markets and a significant expansion into non-automotive sectors. The company, which serves global manufacturers, is looking to mitigate cyclical automotive demand by diversifying its revenue streams throughout the current fiscal year. Context of…

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RBI Governor Assesses Impact of Potential US Tariff Hikes on Indian Industry

RBI Governor Assesses Impact of Potential US Tariff Hikes on Indian Industry

Reserve Bank of India (RBI) Governor Shaktikanta Das announced this week that the Indian economy is well-positioned to withstand potential volatility stemming from proposed US tariff policies. Speaking at a banking summit in Mumbai, Das emphasized that while specific export-oriented sectors may face headwinds, the nation’s robust domestic growth trajectory and strong macroeconomic fundamentals provide…

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