Dr Lakshmi Venu has been elevated because the Managing Director of Sundaram-Clayton Limited. She performed a vital position in organising a foundry within the US three years in the past in 2019 in Dorchester.
Dr Lakshmi Venu has taken over because the Managing Director of Sundaram-Clayton Limited (SCL), considered one of India’s main auto elements producers, on the board assembly held at the moment. Dr Venu was the Joint Managing Director of Sundaram-Clayton.
Dr Lakshmi Venu has been the lead architect in establishing Sundaram-Clayton’s world footprint. Her determination to arrange a foundry within the US three years in the past in 2019 in Dorchester, South Carolina, was virtually prescient, as most US-based prospects have been searching for on-shore foundry models to scale back provide chain dangers and curtail carbon footprint.
She managed the turnaround of Sundaram-Clayton Ltd. to make it a aggressive foundry on the planet and has constructed deep buyer relationships with Cummins, Hyundai, Volvo, Paccar, and Daimler.
R Gopalan, Chairman, Sundaram-Clayton stated, “Lakshmi brings deep customer understanding and has developed strong relationships with global customers. She has successfully chartered a strategy to have a global footprint to build a competitive advantage. I am confident that she will continue to transform Sundaram-Clayton into a world-class auto component manufacturer.”
Admiral P J Jacob (Retd.), Chairman, Audit Committee, Sundaram-Clayton stated, “The elevation of Lakshmi Venu as Managing Director in Sundaram-Clayton is a fitting recognition of the enormous contribution she has made to the growth of the Company, particularly during very difficult times. She has earned this elevation the hard way, from the shop floor to the Apex of the Company. I wish her all the very best in taking the Company to even greater heights.”
Venu Srinivasan, Chairman Emeritus, Sundaram-Clayton stated, “Lakshmi’s focus and dedicated efforts over the last ten years have seen the Company do a turnaround in quality, profitability, and building relationship with OEMs. She has spearheaded the establishment of our US operations which have commenced activities recently. We are confident that under her leadership, Sundaram-Clayton will see its rise globally.”
Accepting the put up of MD, Dr Lakshmi Venu, Managing Director, Sundaram-Clayton stated, “It is indeed an honour to lead Sundaram-Clayton to its next phase of growth. The world is changing very rapidly and disruptions in the automotive industry are becoming de rigueur. The future promises to be exciting, challenging and presents new opportunities.”
She added, “We have an excellent team and together we look forward to strengthening Sundaram-Clayton both in India and globally. I hope to live up to the faith the shareholders, the board of directors, the employees and the management of the company have bestowed upon me. I am grateful for the mentorship that I have received from Chairman Emeritus Venu Srinivasan and Chairman R. Gopalan, who will always remain our beacon lights.”
Source: www.financialexpress.com”