M/S Sundaram Hydraulics Ltd (SHL) is a company promoted by M/S Wheels India Ltd and M/S Sundaram Finance Ltd. SHL is engaged in design, testing and manufacture of hydraulic cylinders for off-highway equipment and industrial applications. The hydraulic cylinder design and manufacturing technology is wholly indigenous. Manufacturing facility is setup in Sriperumbudur, Tamilnadu (40 km from Chennai). An investment of Rs 40 Cr planned for an installed capacity of 100,000 Hydraulic cylinders/ year.