1975-1983 Motherson's Foundation

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Motherson was founded in 1975 by our current Chairman, Vivek Chaand Sehgal and his late mother, Shrimati Swaran Lata Sehgal. ​
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">&ldquo;It was my father who suggested the name Motherson,&rdquo; explains Sehgal. &ldquo;I loved it immediately. It signifies trust, which is still the driving force behind our company after all these years.&rdquo;

Mother Son

The deep trust between a mother and child reflects Motherson's philosophy &mdash; trust is our foundation and the core of all our relationships.

Trust

It All Started with Silver
Motherson was founded as a silver trading company with an equity of INR 1000 (US$12) approximately.

1975 It all started with silver

1975

First Factory
Motherson Sehgal Cables was founded, with its first factory set up in Noida, India.

1977 Establishment Motherson Sehgal Cables 

1977

The First Automotive Component
T-Coupler: a small plastic connector produced overnight paved the way for Motherson&rsquo;s entry into the automotive sector.​

1983 T-Coupler

1983

1975-1983 Motherson's Foundation

1984-2000 Expansion in India

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">First Automotive Facility
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">The first wiring harness facility for the automotive business was set up in Noida, India.
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">For comparison
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Wiring Harness Division in 2025 Countries: 21 <span style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">Facilities: 116​

1984 1st facility for automotive business

1984

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Maruti Suzuki 800 Wiring Harness
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">The first vehicle wiring harness, developed for the Maruti Suzuki 800, weighed only 1.5 kg. In contrast, modern wiring harnesses are far more complex, weighing up to 20 kg.

1984 Maruti Suzuki wiring

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">From MSSL to SAMIL
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}"><span style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">Motherson Sumi Systems Ltd. (MSSL) was founded, which is today known as Samvardhana Motherson International Limited (SAMIL).​<span style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">​

1986 From MSSL to SAMIL

1986

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Entry into Polymer Business
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">The polymer business began with the establishment of an injection moulding facility in Noida, India.​
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">​
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">For&nbsp;comparison
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Modules and Polymer Products Division in 2025 Countries: 26 Facilities: 134

1989 Start of Polymer business

1989

Motherson Triplex Tools Established
The cutting tools trading business was established in Delhi, India, under the name Motherson Triplex Tools Pvt. Ltd.

For comparison
Precision Metals and Modules Division in 2025 Countires: 9 Facilities: 31

1992 Motherson Triplex Tools Established

1992

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Publicly Listed Company
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Motherson became a publicly listed company with its listing on Indian stock exchanges.​

1993 Publicly Listed Company

1993

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Services Division Established
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Our Services Division began operations in India, offering travel and hospitality solutions.
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">For comparison
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Services Division in 2025 Countires: 8 Facilities: 15

1994 Services Division Established

1994

Global OEM Customer
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Began cockpit assembly for Mercedes-Benz in India, establishing a plant in just 39 days and marking the beginning of a strong partnership.

1995 Global OEM customer

1995

Our first plan was about growth in India, through vertical integration and joint ventures for product additions. The target was to achieve a turnover of 1 billion INR in 5 years, which was ambitious for a small company at that time.
Targets set in 1995: Consolidated net sales: INR 1 billion* Sales from outside India: 1% *28.7 Million USD based on the exchange rate for 30th November 1995
Achieved in 2000: Consolidated net sales: INR 1.53 billion** Sales from outside India: 0.1% *35.1 Million USD based on the exchange rate for 31st March 2000

1995-2000 First Five Year Plan

Introducing the Rearview Mirror
The rearview mirror business was established in India as a joint venture with Britax.

For comparison
Vision Systems Division in 2025 Countries: 17 Facilities: 38

1996 Established Rearview mirror business in India as JV with Britax

1996

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Launch of Our Vision Statement​
This vision continues to guide our thinking, actions, and behaviour, shaping both the present and the future: &ldquo;To be a globally preferred solutions provider.&rdquo;

1997 To be a globally preferred solutions provider

1997

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">One of the Hardest Materials in the World
Successfully launched manufacturing of advanced polycrystalline diamond (PCD) cutting tools. As pioneers in ultra-hard materials, Motherson was the first in India to produce both CBN and PCD cutting tools.

1997 One of the Hardest Materials in the World

1997 

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">First Presence Outside India ​
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">The journey beyond India began with the establishment of a representative office in Austria, laying the foundation for global expansion.​

1999 First presence ​outside India 

1999

1984-2000 Expansion in India

2000-2005 Arriving in Europe

Motherson entered this five-year period in 2000 with: Facilities: 9​ Countries: 2 ​ Revenues:&nbsp;INR 1.53 billion (approx. US$18 million) The plan focused on expanding the global footprint through targeted acquisitions and joint ventures, aiming for tenfold growth while reducing dependence on specific geographies and customers. Ambitious yet clear financial targets were set, including a Return on Capital Employed (ROCE) of 40% and a dividend payout of 40%, benchmarks that have continued in every plan since.
Targets set in 2000: Consolidated net sales: INR 10 billion* Sales from outside India: 30% Largest customer contribution: &lt;25% ROCE: 40% Dividend payout ratio: 40% *USD 229 million based on exchange rate as of 31st March 2000
Achievements by 2005: Consolidated net sales: INR 10.29 billion**# Sales from outside India: 29% Largest customer contribution: 27% ROCE: 39% <span style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">Dividend payout ratio: 43% **USD 235 million based on exchange rate as of 31st March 2005 #Including full turnover of joint ventures

2000-2005 Second Five Year Plan

Technology Services Launched
The company MothersonSumi Infotech &amp; Designs Ltd. (MIND) was established, now known as Motherson Technology Services Ltd. (MTSL).
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">For comparison
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Technology and Industrial Solutions Division in 2025​ Countries: 8​ Facilities: 15

2000 MTSL

2000

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">First Acquisition​
Motherson acquired Wexford Electronics in Ireland, establishing operations in Sharjah (UAE). In just 10 weeks, over 500 tons of equipment were relocated to Sharjah.<span style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">​

2002 First acquisition

2002

Chairman&rsquo;s Office in Germany
European headquarters opened in Germany (first Chairman's office outside India).

2004 European headquarters opened in Germany

2004

Moulded Rubber JV&nbsp;
A joint venture was established in India to manufacture moulded rubber products.
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">For comparison
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Elastomers Division​ in 2025​ Countries: 2​ Facilities: 5​

2004 Elastomers

2000-2005 Arriving in Europe

2005-2010 Evolving to a Global Enterprise

<p data-ccp-props="{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Motherson entered this five-year period in 2005 with:​ Facilities: 61​ Countries: 10​ Revenues: INR 10.29 billion​ (approx. US$120 million)
Moving towards modules and developing a global support structure through midsize acquisitions. The target was to make MSSL a billion dollar company and further reduce dependence on any single customer.
Targets set in 2005: Consolidated net sales: USD 1 billion Sales from outside India: 60% Largest customer &lt;20% ROCE: 40% Dividend Payout Ratio: 40%
Achievements by 2010: Consolidated net sales: USD 1.5 billion Sales from outside India: 70% Largest customer: 15% ROCE: 22%* and 37%** Dividend Payout Ratio:32%* and 44%** *On consolidated basis **On standalone basis

2005-2010 Third Five Year Plan

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Suzuki Swift Rear Lamp
Introduced as the company&rsquo;s first high-volume lighting product, featuring overlay moulding technology.

2005 Suzuki Swift Rear Lamp

2005

Lighting and Electronics Division Established
The Lighting and Electronics Division was established through a joint venture with Magneti Marelli.
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">For comparison
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Lighting and Electronics<span style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">​ Division in 2025<span style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">​ Countries: 1​ Facilities: 17

2008 Lighting and Electronics Division Established

2008

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Grommets and Seals​
Grommets and seals were introduced for in-house use in the wiring harness division and later extended to other applications.

2009 Grommets and Seals

2009

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Acquisition of Visiocorp​
By acquiring Visiocorp (now SMR), Motherson skyrocketed to double its size and gained a worldwide presence, cementing its place as a true global player.

2009 Acquisition of Visiocorp

Blind Spot Detection System
The world&rsquo;s first and best-performing camera-based system for object detection in blind spots. Designed to identify vehicles approaching or present in lateral blind spot zones next to cars, it helps drivers avoid collisions. The system was originally launched by Visiocorp for Volvo in 2005 (prior to the Visiocorp acquisition).

2009 Blind Spot Detection System

Acquisitions between 2005 and 2010
<ul style="font-weight: 400;">
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="1" data-aria-level="1">Reiner Precision &ndash; Germany​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="2" data-aria-level="1">G&amp;S Kunststofftechnik &ndash; Germany​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="3" data-aria-level="1">ASL Systems &ndash; United Kingdom​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="4" data-aria-level="1">HUON Corporation &ndash; Australia​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="5" data-aria-level="1">F.P. Formagrau &ndash; Czech Republic​​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="7" data-aria-level="1">Empire Rubber &ndash; Australia​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="8" data-aria-level="1">Visiocorp &ndash; United Kingdom</li>
</ul>

Acquisitions between 2005 and 2010

Expanding the Family

2005-2010 Evolving to a Global Enterprise

2010-2015 Going Global with Footprint Expansion

<p data-ccp-props="{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Motherson entered this five-year period in 2010 with:​ Facilities: 90​ Countries: 21​ Revenues: USD 1.5 billion
Providing full system solutions and expanding globally through large size acquisitions at the request of customers. Making MSSL a 5 billion dollar company, with presence in 26 countries, major targets were surpassed, making Motherson a truly global entity.
Targets set in 2010: Consolidated net sales: USD 5 billion Sales from outside India: 70% Geographical presence: 26-27 countries ROCE*: 40% Dividend Payout Ratio*: 40% *On consolidated basis
Achievements by 2015: Consolidated net sales: USD 5.5 billion Sales from outside India: 85% Geographical presence: 25 countries ROCE: 26%* and 41%** Dividend Payout Ratio*: 37%* and 62%** *On consolidated basis **On standalone basis

2010-2015 Fourth Five Year Plan

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Acquisition of Peguform​
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}"><span class="EOP SCXP3051430 BCX8" style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">The integration of Peguform (now SMP) marked the globalisation of the Modules &amp; Polymer Products Division and doubled the size of Motherson at the time.​<span style="background-color: transparent; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; letter-spacing: 0px;">​

2011 Acquisition of Peguform

2011 

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Technology Excellence​
With R&amp;D centres at the core of Europe&rsquo;s automotive industry, Peguform brought significant expertise and strengthened the Motherson portfolio.

2011 Technology Excellence

2011

Audi A6 Bi-Colour Slush Skin
Following the acquisition of Peguform, the Modules &amp; Polymer Products Division gained access to advanced design capabilities and manufacturing processes. Using two colours moulded in a single tool, premium instrument panels with leather-like surfaces and contrasting tones can be produced &mdash; without the need for two separate components for the two different colours.

2011 Audi A6 Bi-Colour Slush Skin

BMW Spring Pads
This milestone marked a breakthrough for the Elastomer Division, with Motherson&rsquo;s global collaboration with BMW expanding and diversifying its supply offerings.

2012 BMW Spring Pads

2012

Metal Sintering Technology in India
Diversifying its capabilities, Motherson began manufacturing sintered powder metal parts in Puducherry.

2014 Metal Sintering Technology in India

2014

Acquisition of Stoneridge Wiring Harness
With this acquisition, the Wiring Harness Division expanded into the U.S. commercial vehicle segment. The entity is now known as MWSI.

2014 Acquisition of Stoneridge

<p data-ccp-props="{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">​Acquisitions between 2010 and 2015
<ul style="font-weight: 400;">
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="1" data-aria-level="1">Peguform &ndash; Germany​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="2" data-aria-level="1">Vacuform 2000 &ndash; South Africa​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="3" data-aria-level="1">Sintermetal &ndash; Spain​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="4" data-aria-level="1">Scherer &amp; Trier &ndash; Germany​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="5" data-aria-level="1">Minda Schenk &ndash; Germany​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="6" data-aria-level="1">Stoneridge Wiring Harness &ndash; United States​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="7" data-aria-level="1">Magneti Marelli Shock Absorbers &ndash; India</li>
</ul>

​Acquisitions between 2010 and 2015

2010-2015 Going Global with Footprint Expansion

2015-2020 Consolidating our Position: Product and Market Expansion

<p data-ccp-props="{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Motherson entered this five-year period in 2015 with:​ Facilities: 170 Countries: 25​ Revenues: USD 5.5 billion
<p data-ccp-props="{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Consolidating our position as a globally preferred solutions provider, by strengthening our global product offering. Focused approach to product and market expansion helped Motherson move forward and achieve USD 8.9 billion consolidated net sales in FY 2019-20. The company expanded to 16 new countries and stayed true to its business philosophy of 3CX15. The largest customer contribution was 14% in 2020.
Targets set in 2015: Consolidated net sales: USD 18 billion Diversification: 3CX15 ROCE*: 40% Dividend Payout Ratio*: 40% *On consolidated basis
Achievements by 2020: Consolidated net sales: USD 8.9 billion# Diversification Largest Customer 13.9%, Contributing Country 21.9%, Component 25.3% ROCE: 10%*, 24%**, 31%*** Dividend Payout Ratio: 49%* #including revenues netted on implementation of Ind AS 115 wef 1.4.2018 *On consolidated basis **On consolidated basis (excluding greenfield and acquisition) ***On Standalone basis

2015-2020 Fifth Five Year Plan​

Swarn Lata Motherson Trust
Established in honour of the Motherson co-founder, Shrimati Swaran Lata Sehgal, the Trust focuses on sustainable development and creating a positive social impact in communities across India.

2016 Swarn Lata Motherson Trust

2016

Acquisition of PKC Group
With this acquisition, Motherson became a leading manufacturer of wiring harnesses for commercial vehicles across Europe, North America, and India.

2017 Acquisition of PKC Group

2017

PKC High-Voltage Cables
This milestone established Motherson as a specialist in electric vehicle high-voltage solutions.

2017 PKC High-Voltage Cables

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Daimler Truck Electric Vehicle Distribution Module ​
<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">A new product segment for Motherson&rsquo;s Wire Harness Division, offering high-value content enabled by broadened in-house capabilities. Motherson combines its expertise in India, Mexico and USA to create this unique product.​

2018 Daimler Truck Electric Vehicle Distribution Module 

2018

Digital Wiring Board
Transforming wire harness production by replacing hundreds of paper templates on wooden boards with digital screens.

2018 Digital wiring board

Acquisition of Reydel Automotive
With this acquisition, Motherson became one of Europe&rsquo;s leading experts in automotive interiors. The company is now known as SMRC.

2018 Acquisition of Reydel Automotive 

AiA Concept
An innovative vehicle architecture using advanced polymer materials and modern manufacturing techniques, including large-scale 3D printing and recycled &ldquo;second-life&rdquo; substrates.

2018 AiA concept

<p data-ccp-props="{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Empathic Cockpit Concept
Developed through collaboration between Motherson R&amp;D experts and partners, coordinated by Motherson Innovations and MARCOM. Unveiled at CES 2018, the cockpit continuously adapts to the needs of drivers and passengers.

2018 Empathic Cockpit concept

Diversification into Rolling Stock
Motherson expanded into the rolling stock segment by acquiring Bombardier UK&rsquo;s business, supplying electrical components and systems for trains and trams.

2019 Diversification into rolling stock segment

2019

Logistics Division Established
The Logistics Division was launched with the creation of SMGCL &amp; SAMRX, a joint venture with Hamakyorex (Japan), delivering advanced transportation solutions in India.

For comparison
Logistics Division in 2025 Countries: 8 Facilities: 19

2019 Logistic Division Established

<p data-ccp-props="{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:0.8,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}">Acquisitions between 2015 and 2020
<ul style="font-weight: 400;">
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="1" data-aria-level="1">Abraham and Co. Ltd.&nbsp; &ndash; Hungary​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="2" data-aria-level="1">Kobek Siebdruck &ndash; Germany​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="3" data-aria-level="1">PKC Group &ndash; Finland​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="4" data-aria-level="1">MS Global &ndash; India​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="5" data-aria-level="1">Reydel Automotive &ndash; Netherlands​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="6" data-aria-level="1">Bombardier &ndash; United Kingdom​</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="7" data-aria-level="1">Wisetime &ndash; Finland</li>
<li data-charcodes="8226" data-font="Arial,Sans-Serif" data-buautonum="8" data-margin="47" data-aria-posinset="7" data-aria-level="1">Re-time Pty Ltd. &ndash; Australia</li>
</ul>

2015-2020Consolidating our Position: Product and Market Expansion.

2015-2020
Consolidating our Position: Product and Market Expansion.