Samvardhana Motherson Group

Company Profile

■URL

http://www.motherson.com

■Address

Plot No.1, Sector-127, Noida-Greater Noida, Expressway, Noida 201301, U.P., India

Business Overview

-The Company designs, produces, and sells components, systems and modules for the automotive and commercial vehicle industries.

-The Company focuses on innovative technologies and systems that contribute to the reduction of CO2 emissions, improve vehicle performance, and support the development of intuitive driving.

-The Company has operations in 41 countries across North America, South America, Europe, South Africa, Middle East, Asia Pacific and Australia. Its broad range of products are manufactured in more than 270 facilities.


-The Company is made up of three Business Groups:

Business Group % of Group Sales
1 Modules, bumpers, door trims and plastic parts 55%
2 Wiring harnesses 25%
3 Rear view mirrors 19%

 
-The following are the automotive-related companies that are a part of the Group.

Company Name Location Products
Frigel Intelligent Cooling Systems India Ltd. (FICS) Group company, JV of Matsui Technologies India Ltd. (MTIL) and Frigel, Italy India Plastic moulding and extrusion, beverage preparation and filling, metal processing, oil and gas.
Motherson Innovations SMG’s cross-divisional team UK New and innovative technologies
Motherson Invenzen XLAB (MI-XLAB) Group company India Telematics, IoT & Other electronics hardware and other related Cloud based services and Applications.
MS Global India Group company India Sheet metal component for Passenger cars and commercial vehicles.
Samvardhana Motherson Reydel Companies (SMRC) Group company France Cockpit modules, Instrument panels, Door panels, Console modules, Decorative parts and Customized solutions

-MSSL launches its sixth five-year plan. Vision 2025 contains four key objectives, namely to achieve:

  • USD 36 billion revenues in 2024-25 with 40% ROCE (consolidated)
  • 3CX10: No country, customer or component should contribute more than 10% to our revenue
  • 75% of revenues from automotive industry, 25% from new divisions
  • 40% of consolidated profit as dividend

-Interview with Chairman Vivek Chaand Sehgal at Tokyo Motor Show 2015 (English audio track)

<Summary>

  • "Motherson is a completely committed to automotive for the last 35 years. We are supplying to almost all the OEMs in the world, and it's a real honour to do that."
  • "(By owning 100% German subsidiaries) We do a lot of German car interiors, exteriors and other such parts."
  • "We have learnt from Japanese car makers. They always have a lot of time for component manufacturers."
  • "Basically (many hardships are) not challenges; these are the expectations of the customers."

Shareholders

-The Company is listed on the Bombay Stock Exchange and the National Stock Exchange of India.

Motherson Sumi Systems Ltd. (Flagship company)

 (As of Mar. 31, 2020)

Shareholding Category

Shareholding Ratio (%)

Samvardhana Motherson International Limited

33.4

Sumitomo Wiring System

25.1

Others

41.5

Products

Product Manufacturing Company
Wiring Harnesses Wires
Terminals
Connectors
Caps and sleeves
Grommets
Clamps and binders
Junction boxes
Fuse boxes
Protectors
Relay boxes
Wire seals
High tension cords
Battery cables
Mechanical assemblies in house production of mechanical parts
Kyungshin Industrial Motherson Pvt. Ltd. (KIML)
Motherson Electric Wires Lanka Pvt. Ltd. (MWL)
Motherson Sumi Auxiliary Products (MSAP)
Motherson Sumi Electric Wires (MSEW)
Motherson Sumi Systems Ltd. (MSSL)
MSSL (GB) Ltd. (MSSL GB)
MSSL Ireland Pvt. Ltd.
MSSL Mideast FZE (MSSL ME)
MSSL Wiring System Inc. (MWSI)
PKC Group Ltd.
Vision Systems

Exterior Mirrors
Reflector glass units
High gloss moulding
Advanced surfaces
Glass actuators
Power fold mechanisms
Telescopic actuation solutions
Led turn signal lamps
Ground illumination lamps
Logo projection lamps
Blind spot warning lamp
Rearview monitoring cameras
Surround-view cameras
Image processing units
BUS control electronics
Wiring harnesses

Interior Mirrors

Camera monitoring systems
Rearview monitoring systems for cars and trucks
Maneuvering aid cameras for cars, commercial vehicles and trucks
Vehicle exterior-mounted modules with integrated cameras, actuation, high-class surfaces and light features
Vehicle interior integrated display solutions

SMR - Samvardhana Motherson Reflectec
Plastic Moulding

Interior products
Cockpits
Instrument panels
Door panels
Centre and floor consoles
Decorative interior panels and trim parts
Airbag boxes
Glove boxes
Air louvers
Grab handles
Leather and textile panels
Soft-touch panels
Decorative trim
Trunk liners
A/B/C pillar covers
Tread plates (also illuminated)
Window belt lines
Small plastic parts
Interior light modules
Pedal box assemblies

Exterior products
Bumpers
Front end modules
Front grills
Spoilers
Front-end carriers
Convertible roof components
Rocker panels
Decorative trim
High-gloss pillar covers
Window sealing strips
Water deflectors
Air inlets and air ducts
Door handles
Hybrid tailgates
Plastic body parts and panels
Roof rails
Antenna hoods
Headlamps and rear lamps

Under-bonnet products
Air intake manifolds (plastic)
Engine covers
Small parts and assemblies

Elastomers
Door Grommets
Pads & Bushes
Gaskets & O-Rings
NVH Components
Vibration Mounts
Suspension Bushes
Rubber To Metal Bonded Parts
Large Engine Gaskets
Rubber To Plastic Bonded Parts
Reinforced Hoses
Drain Tubes
Fuel Hoses
Engine Cooling Hoses
Extruded rubber profiles
Weather strips
Glass run
Boot and hood seals
Calendared Sheets

Lighting Systems
Headlamps
Rear lamps
Fog lamps
Auxiliary lamps

Samvardhana Motherson Peguform (SMP)
Samvardhana Motherson Reydel Companies (SMRC)
Samvardhana Motherson Innovative Autosystems (SMIA)
Motherson Automotive Technologies & Engineering (MATE)
MSSL Advanced Polymers s.r.o (MSP CZE)
MSSL Global RSA Module Engineering Ltd. (MSSL Global RSA)
Vacuform 2000 (Pty) Limited
Motherson Polymer Solutions (MPS)
Marelli Motherson Automotive Lighting India Pvt. Ltd.
MSSL Tooling (FZE) (MTL)
SMIIEL (a unit of Motherson Sumi Systems Ltd.)
CTM India Ltd. (CTMIL)
Motherson Molds and Die Casting Ltd. (MMDL)
AES (India) Engineering Ltd. (AES)
Motherson Automotive Elastomers Technology (MAE)
Motherson Elastomer Pty. Ltd. (MEPL)
Metal Products

Cutting Tools

Metal Parts
powder metal sintered parts
aluminium die-casted parts
high precision turned parts

Sheet Metal Parts
Cabin-in-white
frames for chassis
floor upper body
closure assemblies
skin panels

HVAC systems

Shock Absorbers

Clutch for car AC compressors

Thin film coating metals

Motherson Techno Tools Limited (MTTL)
Motherson Advanced Tooling Solutions Limited (MATS)
Motherson Sintermetal Products S.A. (MSTL)
Motherson Sintermetal Products S.A (MSPS)
Motherson Techno Precision Germany (MTPG)
Motherson Techno Precision Mexico (MTPMEX)
Motherson Innovative Engineering Solutions (MINES)
Samvardhana Motherson Auto Component (SMAC)
Youngshin Motherson Auto Tech Ltd. (YMAT)
Calsonic Kansei Motherson Auto Products Private Limited (CKM)
Motherson Bergstrom HVAC Solutions Pvt. Ltd (MBSL)
Valeo Motherson Thermal Commercial Vehicles India Ltd. (VMTI)
Marelli Motherson Auto Suspension Parts Pvt. Ltd.
Fritzmeier Motherson Cabin Engineering Pvt. Ltd. (FMCEL)
Nissin Advanced Coating Indo Co. Private Limited (NACIL)
MS Global India (MSGI)

History

1975 Motherson Group was founded
1977 First cable factory started
1983 Technical agreement with Tokai Electric Co. (Now Sumitomo Wiring Systems-Japan) Wiring Harness
1986 Establishment of Motherson Sumi Systems Limited (MSSL),  in joint venture with Sumitomo Wiring Systems, Ltd., Japan
1999 First Overseas Office established (Austria)
2000 JV for IT, Engineering & Design company in India
Representative Office at Singapore
2002 Acquisition of assets of Wexford electronics for manufacturing of wiring harnesses for material handling and earthmoving equipment
Design Centre at Ireland
2003 Offices in USA & UK established
2004 Established European headquarter at Germany
2005 JVs for  Metal Machining in Germany,  Environment Management Systems and  Automotive Manufacturing Engineering
Acquisition of Plastic Injection Moulding and machining business in Germany
2006 Wiring Harness Manufacturing in UK through acquisition of assets
Acquisition of Plastic Injection Moulding company in Czech Republic
Acquisition of Door Trim Business, Australia
JVs for  Bus Air-conditioning Systems, Auxiliary Equipment for Injection moulding machines
2007 Acquisition of rubber moulding business in Australia
JVs for o HVAC systems for passenger cars,  Bimetal band saw blades, and Thin film coating metals
2008 JV for Lighting Systems, Pedal Box Assembly & Air Intake manifolds, and precision machined metal components
2009 Acquisition of rearview mirror business of Visiocorp. The new company is now known as Samvardhana Motherson Reflectec (SMR)
2010 JV for HVAC Systems for commercial vehicles & Off highway vehicles
2011 Acquisition of Peguform, it is known as Samvardhana Motherson Peguform (SMP)
Acquisition of Vacuform 2000 (Pty) Limited
2012 Acquisition of Sintermetal S.A., Spain
2013 JV with Nippon Pigment(s) Pte. Ltd., Singapore and Toyota Tsusho Corporation, Japan
JV with Eissmann Automotive , Slovakia
2014 Acquisition of wiring harness business of Stoneridge Inc.
Acquired 50% stake to form a JV with Magnetti Marelli Shock Absorbers India Pvt. Ltd
2015 Acquisition of assets of Scherer & Trier
Acquisition of the assets of Esslingen (Germany) plant of Minda Schenk Plastic Solutions GmbH
2016 Acquisition of automotive business Unit of Abraham es Tarsa Kft. (Abraham and Co. Ltd) Hungary
2017 Acquisition of Kobek Siebdruck GmbH & Co. KG, Germany
Acquisition of PKC Group PLC, Finland
2018 Acquisition of MS Global India Pvt. Ltd.
Joint Venture with Ossia Inc. to bring Real Wireless Power technology
2019 Joint Venture with Hamakyorex Co., Ltd.
2020 Motherson Group reorganization plan approved which entails demerger of ”Domestic Wiring Harness” (DWH) business from MSSL into a new company which is in the process of being incorporated as a wholly owned subsidiary of MSSL and subsequent merger of SAMIL into MSSL to consolidate 100% shareholding in Samvardhana Motherson Automotive Systems Group BV (SMRP BV).

Supplemental Information 1