LG Balakrishnan & Bros Limited, a prominent player in the automotive components industry, has taken a significant step towards expanding its presence in Tamil Nadu. The company recently announced the signing of a non-binding Memorandum of Understanding (MOU) with the Government of Tamil Nadu (GoTN), through its Nodal Agency Guidance.

Key Points of the MOU

• Purpose: To secure infrastructural support and regulatory facilitation for LG Balakrishnan & Bros Limited's operations in Tamil Nadu.
• Support Areas:
  • Necessary infrastructural support
  • Regulatory facilitation
• Scope: The MOU will assist the company in obtaining various essential approvals and incentives from relevant government authorities in the state.

Implications for LG Balakrishnan & Bros

1. Streamlined Processes: The agreement is expected to simplify the process of obtaining:

   • Necessary permissions
   • Regulatory approvals
   • Clearances
   • Incentives

2. Investment Commitment: This MOU reaffirms LG Balakrishnan & Bros Limited's commitment to invest in Tamil Nadu, potentially leading to expanded operations and increased economic activity in the region.

3. Government Support: The involvement of the Tamil Nadu government's Nodal Agency Guidance suggests a collaborative approach to facilitating business growth in the state.

Outlook

While the MOU is non-binding, it represents a positive step towards fostering a conducive business environment for LG Balakrishnan & Bros Limited in Tamil Nadu. The company's proactive engagement with state authorities could pave the way for smoother expansion and operational efficiency in the future.

Investors and stakeholders will likely keep a close watch on how this MOU translates into tangible benefits for the company in terms of expedited approvals, potential cost savings, and overall ease of doing business in Tamil Nadu.

LG Balakrishnan & Bros Limited, a prominent player in the automotive components sector, has announced a significant addition to its leadership team. The company has appointed Mr. Suresh Sivalingam as Vice President (Strategic Business Development - Metal Forming Division), effective from November 20, 2025.

Key Appointment Details

Professional Background

Mr. Sivalingam brings a wealth of experience from his tenure at global organizations, including:

• Daimler
• Toyota
• Mahindra Renault
• Caterpillar

His most recent roles include:

• Head of Procurement at Daimler India Commercial Vehicles
• Head of Procurement, Supply Chain, and R&D at Mercedes-Benz Indonesia
• Leadership in ePowertrain and Mechanical Systems

Strategic Implications

This appointment may strengthen LG Balakrishnan & Bros Limited's strategic business development capabilities, particularly in the Metal Forming Division. Mr. Sivalingam's extensive experience in procurement and supply chain management across various global automotive and industrial giants is expected to bring valuable insights and strategies to the company.

The company's decision to bring on board a professional with such diverse international experience signals its intent to enhance its competitive edge in the automotive components market. This move could potentially lead to improved operational efficiencies, stronger supplier relationships, and innovative approaches to business development in the metal forming sector.

As the automotive industry continues to evolve, particularly with the rise of electric vehicles and changing supply chain dynamics, Mr. Sivalingam's expertise may prove crucial in navigating these shifts and capitalizing on new opportunities.

Stakeholders will be keen to observe how this strategic appointment translates into tangible business outcomes for LG Balakrishnan & Bros Limited in the coming years.