Ending Soon! Save 33% on All Access

Lakshmi Venu Appointed MD Of Sundaram Clayton Prior to taking up the new role, she was the joint managing director of Sundaram Clayton

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company website

Lakshmi Venu, daughter of industry veteran Venu Srinivasan, has taken over as the managing director of Sundaram-Clayton (SCL), a TVS Group company.

Prior to taking up the new role, she was the joint managing director of Sundaram Clayton.

She managed the turnaround of Sundaram-Clayton making it as a competitive foundry and has built customer relationships with Cummins, Hyundai, and Volvo among others, said a report

"Lakshmi's focus and dedicated efforts over the last ten years have seen the company do a turnaround in quality, profitability, and building relationships 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," said Venu Srinivasan, chairman emeritus, Sundaram-Clayton.

"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 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," said Lakshmi Venu on her new role.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

Apple iPhone 7 Users May Be Owed a Slice of a $35 Million Settlement — Here's How to Claim Your Share

Previous (and current, no judgment) iPhone 7 users may be entitled to up to $349. The deadline to file a claim is June 3.

Business News

Did OpenAI steal Scarlett Johansson's voice? 5 Critical Lessons for Entrepreneurs in The AI Era

Did OpenAI steal Scarlett Johansson's voice? OpenAI has since paused the "Sky" voice feature, but Johansson argues that this is no coincidence. In response, Johansson delivers a masterclass for entrepreneurs on navigating the AI era successfully.

News and Trends

Gurugram-based Wealth Management Firm Finvolve Closes Maiden INR 100 Cr Fund, Launches Two New Funds

Finvolve also announced the launch of two new funds, pre-seed Accelerator Fund and Scale Fund, including a GIFT city, with an investment capacity of around INR 500 crore to widen its investment spectrum: Accelerator, Seed, and Scale.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Marketing

Want to Elevate Your SEO Strategy? Here Are 4 Emerging Link-Building Trends You Need to Know About.

In the ever-evolving landscape of SEO, mastering link building is paramount for staying ahead. Explore the emerging trends shaping SEO strategies in 2024.