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Motherson Sumi Systems Limited

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Motherson Sumi Systems Limited

  • Operations in 41 countries
  • Consolidated total income of Rs 63,767.54 crore (US$ 9.05 billion) in FY20

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group, was established in 1986 in partnership with Sumitomo Wiring Systems, Japan.
MSSL, including its subsidiaries and JVs, is one of the leading manufacturers of automotive wiring harnesses and mirrors for passenger cars, and is also a leading supplier of plastic components and modules to the automotive industry.
Its broad business portfolio includes wiring harnesses, mirrors for passenger car, injection moulded products, modules including dashboards, door trims, bumpers, blow moulded components, liquid silicone rubber moulded components, injection moulding tools, extruded rubber products, precision machined metal components, and waste recycling systems.
Over the years, MSSL has successfully collaborated with global technology leaders to further enhance its competency to create technologically sound products in its state-of-the-art facilities and infrastructure to ensure superior efficiencies & total customer satisfaction.

 

Company Website: www.motherson.com/motherson-sumi-systems-limited.html

Motherson Sumi Systems Limited – Believe you can and you are halfway there

2020 Motherson Sumi Systems Limited announced the signing of a sale and purchase agreement to acquire the Electrical Wiring Interconnection Systems business of Canadian firm, Bombardier Transportation in Mexico
2019 Acquisition of Bombardier’s UK rolling stock electrical component and systems business
2018 Acquisition of Reydel Automotive Group for interior components which includes instrument panels, door panels, console modules, decorative parts and cockpit modules
Acquisition of Bombardier’s UK rolling stock electrical component and systems business
2017 Joint Venture with Youngshin Components Co. Ltd. (YMAT) for manufacturing of electro-magnetic clutch for car air-conditioner compressor.
Acquisition of PKC Group PLC, Finland, wiring harness business for heavy duty commercial vehicles
2016 Acquired the automotive business unit of Hungarian auto component manufacturer Abraham es Tarsa Kft (Abraham and Co Ltd)
2015 Secured a supply order worth Rs 15,400 crore (US$ 2.52 billion) from German auto major Daimler
2014 Acquired 50 per cent stake to form a Joint Venture (JV) with Magnetti Marelli Shock Absorbers India Pvt Ltd
2009 Completed acquisition of rear-view mirror business of Visiocorp
2004 Joint Venture with Japan-based Miyazu Seisakusho Company Ltd, one of the largest car body die manufacturers in the world, for design, sale and eventual manufacture of car body dies in India
1998 Sets up plant for manufacturing of Blow Moulded Auto Components and Door Panels
1993 Listed on stock exchanges in India
1987 Acquired Noida Steel Fabrics Ltd and commenced production of plastic and steel components used in the integrated wiring harness
1986 Establishment of Motherson Sumi Systems Limited (MSSL) as a Joint Venture (JV) between Samvardhana Motherson Group and Sumitomo Wiring Systems Ltd, Japan

 

Auto Components
India’s export of auto components increased at a CAGR of 7.6% during FY16-FY20 as the value increased from US$ 10.83 billion in FY16 to US$ 14.5 billion in FY20.