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Motherson Sumi FY22 Capex Steady at Rs 2000 Crore; Scaling Up of EV Business

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Group company Samvardhana Motherson Automotive Systems Group BV (SMRPBV) saw its order book increase to EUR 15.6 billion as of March 31, 2021 from EUR 13.1 billion as of September 30, 2020. The share of pure electric vehicle programs in the order book jumped to 25 percent by the end......
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Motherson Sumi Systems Gets Shareholders’ Nod for Proposed Group Restructuring

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Motherson Sumi Wiring India Ltd (MSWIL) will be the largest listed automotive wiring harness player in India with a nationwide manufacturing footprint. April 30, 2021 Auto components major Motherson Sumi Systems Ltd (MSSL) has announced that its public shareholders have voted in favour of its proposed group restructuring under which......
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Motherson Sumi Systems Establishes New Manufacturing Unit at RAKEZ

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The company’s operations are expected to officially commence on the 2nd quarter of 2020. September 7, 2019 Ras Al Khaimah Economic Zone (RAKEZ) has added another giant Indian conglomerate to its client portfolio – Motherson Sumi Systems Ltd (MSSL), one of the global leaders in the field of automotive wiring......
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