Samvardhana Motherson, India, and Egtronics, South Korea, JV forms new clean mobility electronics manufacturing subsidiary
On August 22, 2025, Samvardhana Motherson International Limited (SAMIL) incorporated Motherson Egtronics Electronics Solutions Limited (MEESL), a wholly owned subsidiary established as part of its joint venture agreement with South Korea’s Egtronics Co., Ltd. MEESL was formed with an initial paid-up equity capital of