Get All Access for $5/mo

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

Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs

Hidden home costs pile on top of mortgage payments.

Business News

New Southwest Airlines Major Investor Wants to Force Out CEO, Slams Company's 'Stubborn Unwillingness to Evolve'

Elliot Investment Management announced a $1.9 billion stake in the Dallas-based Southwest Airlines on Monday and is urging shareholders to vote for new leadership.

Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.

Business News

Elon Musk Threatens to Ban Employees from Using Apple Products, Says Will Lock Devices in 'Cages'

The Tesla founder sounded off on X following Apple's 2024 Worldwide Developer Conference on Monday.

Business News

Apple's AI Has a Catch — And It Could Help Boost Sales

Not every iPhone owner will get to use the new Apple Intelligence.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.