Dr. Lakshmi Venu takes over as Managing Director of Sundaram-Clayton Limited

Chennai, May 6, 2022: Dr. Lakshmi Venu has taken over as the Managing Director of
Sundaram-Clayton Limited (SCL), one of India’s leading auto components
manufacturer at the board meeting held today. Dr. Venu was the Joint Managing
Director of Sundaram Clayton.
Dr. Lakshmi Venu has been leading Sundaram Clayton from the forefront with aplomb
for over a decade now. She has been the lead architect of establishing Sundaram
Clayton’s global footprint. Her decision to set up a foundry in the US three years ago
in 2019 in Dorchester, South Carolina was almost prescient, as most US-based
customers were looking for on-shore foundry units to reduce supply chain risks and
curtail carbon footprint.
She managed the turnaround of Sundaram Clayton Ltd. to make it a competitive
foundry in the world, and has built deep customer relationships with Cummins,
Hyundai, Volvo, Paccar and Daimler.
Mr R Gopalan, Chairman, Sundaram-Clayton said, “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
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
said “The elevation of Lakshmi Venu as Managing Director in Sundaram Clayton is
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.”
Mr Venu Srinivasan, Chairman Emeritus, Sundaram-Clayton said, “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 has commenced activities
recently. We are confident that under her leadership, Sundaram-Clayton will see its
rise globally.”
Accepting the post of MD, Dr Lakshmi Venu, Managing Director, Sundaram-
Clayton said, “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. 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 Mr. Venu Srinivasan and Chairman R. Gopalan who
will always remain our beacon lights.”
About Sundaram-Clayton Limited
SCL is a leading manufacturer of machined aluminum die-castings, producing castings
for the passenger car, commercial vehicle and two-wheeler industries in India and
globally. SCL in India, currently has facilities in Padi, Oragadam and Mahindra World
City near Chennai, and one plant in Hosur. SCL also operates in US to cater to the
demands of its key customers. Rooted in our 100-year legacy of Trust, Value, and
Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable
processes. For more information, please visit www.sundaramclayton.com.