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edited by Asif Farooqui
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10 10  * The company successfully completes the acquisition of Bombardier’s Electrical Wiring Interconnection Systems (EWIS) business in Huehuetoca, Mexico.
11 11  
12 12  
13 +[[image:MOTHERSUMI0.png]]
14 +
15 +
13 13  = Company Overview =
14 14  
15 15  
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19 19  The Company has a presence in 41 countries and has over 220 facilities across 5 continents. The Company’s business in India consists of designing, manufacturing and supplying wiring harness systems to domestic customers in India across segments viz. passenger cars, commercial vehicles, motorcycles/two-wheeler segments etc. The Company also exports harnesses to OEMs in Japan, Europe as well as Tier 1 OEM Suppliers (including Company’s subsidiaries for mirrors business). Also, included in the portfolio is designing, development, manufacturing and supplying of interior and exterior modules as well as plastic components to OEMs in India. Rubber and metal parts are also manufactured and supplied to customers in India and exported to Europe.
20 20  
21 21  
25 +== Milestones ==
22 22  
27 +(% style="width:787px" %)
28 +|1975|(% style="width:690px" %)Motherson founded in Delhi, India
29 +|1977|(% style="width:690px" %)First cable factory launches a new direction for the family firm
30 +|1983|(% style="width:690px" %)First automotive component (wiring harness) produced in India ~| Maruti Suzuki
31 +|1986|(% style="width:690px" %)Motherson Sumi Systems Ltd. established in joint venture with Sumitomo Wiring Systems
32 +|1991|(% style="width:690px" %)First wiring harnesses for commercial vehicles ~| Tata
33 +|1993|(% style="width:690px" %)The flagship company of the Group, Motherson Sumi Systems Ltd. (MSSL) listed on Indian stock exchanges
34 +|1995|(% style="width:690px" %)First partnership with a luxury automotive brand ~| Mercedes
35 +|1997|(% style="width:690px" %)First parts for models exported from India ~| Hyundai
36 +|1997|(% style="width:690px" %)First collaboration with a US automaker ~| Ford
37 +|1999|(% style="width:690px" %)First overseas office in Graz, Austria
38 +|2000|(% style="width:690px" %)5-year plan announced publicly for the first time
39 +|2001|(% style="width:690px" %)First partnership in the off-road segment ~| Caterpillar
40 +|2002|(% style="width:690px" %)First acquisition by Motherson Group I Wexford Electronics
41 +|2002|(% style="width:690px" %)First overseas plant in Sharjah, UAE
42 +|2003|(% style="width:690px" %)First Motherson operation in Europe ~| Ford
43 +|2004|(% style="width:690px" %)European headquarters opened in Germany
44 +|2009|(% style="width:690px" %)Acquisition of Visiocorp(rearview mirror business), SMR established
45 +|2011|(% style="width:690px" %)Peguform acquisition, SMP established
46 +|2014|(% style="width:690px" %)Acquisition of wiring harness division of Stoneridge Inc, entering CV segment in USA
47 +|2017|(% style="width:690px" %)PKC acquisition, leadership position in Amercian, European and Chinese CV market
48 +|2018|(% style="width:690px" %)Reydel acquisition, closer relations with French OEMs
49 +|2019|(% style="width:690px" %)Acquisition of Bombardier’s UK rolling stock electrical component business
23 23  
24 -== Business Segments ==
25 25  
52 +
53 +== Global Presence ==
54 +
55 +
56 +(% style="width:524px" %)
57 +|(% style="width:165px" %)Argentina|(% style="width:203px" %)Netherlands|(% style="width:153px" %)Japan
58 +|(% style="width:165px" %)Brazil|(% style="width:203px" %)Germany|(% style="width:153px" %)South Korea
59 +|(% style="width:165px" %)Mexico|(% style="width:203px" %)Czech Republic|(% style="width:153px" %)Hong Kong
60 +|(% style="width:165px" %)USA|(% style="width:203px" %)Poland|(% style="width:153px" %)Thailand
61 +|(% style="width:165px" %)Macedonia|(% style="width:203px" %)Slovakia|(% style="width:153px" %)Philippines
62 +|(% style="width:165px" %)Italy|(% style="width:203px" %)Finland|(% style="width:153px" %)Singapore
63 +|(% style="width:165px" %)Morocco|(% style="width:203px" %)Estonia|(% style="width:153px" %)Indonesia
64 +|(% style="width:165px" %)Spain|(% style="width:203px" %)Lithuania|(% style="width:153px" %)Australia
65 +|(% style="width:165px" %)Portugal|(% style="width:203px" %)Hungary|(% style="width:153px" %)Sri Lanka
66 +|(% style="width:165px" %)France|(% style="width:203px" %)Serbia|(% style="width:153px" %)UAE
67 +|(% style="width:165px" %)Jersey|(% style="width:203px" %)Croatia|(% style="width:153px" %)Mauritius
68 +|(% style="width:165px" %)Ireland|(% style="width:203px" %)Russia|(% style="width:153px" %)Cyprus
69 +|(% style="width:165px" %)UK|(% style="width:203px" %)India|(% style="width:153px" %)South Africa
70 +|(% style="width:165px" %)Luxembourg|(% style="width:203px" %)China|(% style="width:153px" %)
71 +
72 +
73 +[[image:MOTHERSUMI2.png]]
74 +
75 +[[image:MOTHERSUMI3.png]]
76 +
77 +
78 +
79 += Business Segments =
80 +
26 26  Motherson Group serves its customers with multiple products and services through its ten business divisions. {{footnote}}https://www.motherson.com/company/business-divisions{{/footnote}}
27 27  
28 28  
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68 68  Number of countries: 24
69 69  
70 70  
126 +[[image:MOTHERSUMI5.jpg]]
127 +
128 +
71 71  == Precision Metals & Modules ==
72 72  
73 73  The businesses and competencies covered under this division together address nearly the entire range of automotive components in metal spacing. The division has successfully established all the required technologies for any metal processing, including the integration of higher-level assembly.
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151 151  The group has a joint venture partnership with Sojitz Corporation, Japan for developing the industrial park in Chennai, India. There is also a collaboration with T-NET JAPAN Co., Ltd., Japan for providing automotive engineering and consulting services for automotive and non-automotive industries.
152 152  
153 153  
212 +[[image:MOTHERSUMI4.jpg]]
213 +
214 +
154 154  = Financial Highlights =
155 155  
156 156  
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173 173  * Quarterly PAT of Rs. 714 crores, up by 290%.
174 174  * Quarterly EBITDA, up by 44%
175 175  
176 -
177 177  Consolidated revenues in Q4FY21 more than pre-COVID levels as industrial activity picked up globally.
178 178  
179 179  Despite multiple headwinds such as chip shortage, higher commodity costs etc. the company sustained profitability
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203 203  Samvardhana Motherson Automotive Systems Group BV (SMRPBV) is a Motherson Group Company. SMRPBV is a joint venture between Motherson Sumi Systems Limited (MSSL) and Samvardhana Motherson International Limited (SAMIL). SMRPBV is present in all major global automotive production regions, with 70 production facilities spread across 24 countries.
204 204  
205 205  
266 +[[image:MOTHERSUMI1.jpeg]]
267 +
268 +
206 206  **Motherson Sumi Systems Ltd. successfully completes the acquisition of Bombardier’s Electrical Wiring Interconnection Systems (EWIS) business in Huehuetoca, Mexico. **{{footnote}}https://www.motherson.com/storage/Corporate%20Announcements/FY%202021-22/Press-Release-3rd-may.pdf{{/footnote}}
207 207  
208 208  **03 May 2021**; Motherson Sumi Systems Limited (MSSL), via its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has successfully completed the acquisition of assets and activities of Electrical Wiring Interconnection Systems (EWIS) performed at Bombardier Transportation’s manufacturing site in Huehuetoca, Mexico (BT Ensambles México). MRS is part of the Motherson Rolling Stock Division which designs and manufactures electrical cabinets, power packs and electrical distribution systems for leading rolling stock manufacturers.
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