Samvardhana Motherson International Ltd: From Delhi Start-Up to Global Auto Giantng for homes.

The name “Motherson” was suggested by Sehgal’s father. “It stood for trust,” he says. “And even today, it reminds us of our roots.”

By 1977, the family business had moved into manufacturing. They set up their first cable factory, making electrical wiring. That quiet shift in direction set the course for what was to come.

The 1980s: Wiring India’s First Revolution

In the early 1980s, the launch of the Maruti 800 changed everything!

When Sehgal found out the wiring harnesses were being made in Japan, he flew to Tokyo. He pitched for the business, got rejected, brought back samples, and built them himself.

And when Maruti’s plant was inaugurated, Motherson’s wiring harnesses were proudly among the first few Indian-made components in the car. Their journey into the automotive world had officially begun.

In 1986, Motherson Sumi Systems Ltd. (widely known as Motherson Sumi or MSUMI) was established through a joint venture with Sumitomo Wiring Systems of Japan. It was one of the earliest signs that this company had global ambitions.

The 1990s: Trust at Home, Vision Abroad

In 1994, Mercedes entered India. Two years later, they opened a local plant. Motherson built a new facility for them in just 39 days. They didn’t just supply wiring harnesses. They gained trust.

By 1993, Motherson Sumi Systems Ltd. was listed on Indian stock exchanges. The Motherson share price began reflecting the growing confidence in the company’s vision. Soon, they were exporting to Hyundai and Ford. Their quality was now reaching global roads.

1999 to 2007: First Steps Abroad

In 1999, they opened an office in Austria. Their first major international test came in 2002. A European customer needed help with a struggling supplier. Motherson couldn’t save the company, so they bought the plant, shipped 500 tons of equipment from Ireland to Sharjah in ten weeks, and ensured the customer’s supply lines never stopped.

That was their first acquisition: Wexford Electronics, Ireland.

By 2007, they had expanded into ten countries. They were no longer just an Indian supplier. They were Samvardhana Motherson International, a group with global reach and a deeper vision.

2008 to 2020: Scaling with Strategy

Growth took on a new scale after 2008. Motherson stuck to a clear three-pronged approach: organic growth, collaborations, and strategic acquisitions.

In 2009, they acquired Visiocorp, which became SMR, their rearview mirror business. It was a turning point. 

Then came SMP, a global leader in polymer modules. These two acquisitions doubled the size of the group and made Samvardhana Motherson products a part of every major OEM’s supply chain.

From wiring harnesses to mirrors to entire dashboard modules, the company kept expanding its capabilities. Over time, 21 more companies joined the group. And with each step, the Samvardhana Motherson revenue scaled up across continents.

2021 and Beyond: A Clearer, Sharper Structure

In 2021, Samvardhana Motherson International restructured itself to simplify operations and unlock value. The result was a sharper structure with two listed entities:

• Samvardhana Motherson International Limited (SAMIL)
• Motherson Sumi Wiring India Limited (MSWIL)
  

This reorganisation allowed investors to track each business independently. From 2021 to 2024, Motherson brought in players from Japan, Germany, the US, Brazil, France, India, and Australia. Their new businesses spanned light therapy devices, ERP systems, aerospace components, hydraulics, and vehicle cabin engineering.

Some recent highlights include:

• CIM Tools, India (aerospace components)
• Ichikoh, Japan (rearview mirror business)
• Bolta, USA (chrome-plated plastic parts)
• Dr Schneider Group, Germany (interior modules)
• Prysm, USA (display technology)
• Atsumitec Co., Japan (precision components)
• Baldi Industria, Brazil (automotive systems)
  

A Global Legacy, Rooted in Family

Today, Samvardhana Motherson International is one of the world’s largest auto component suppliers, present in over 40 countries.

About Samvardhana Motherson International Ltd

Motherson is one of India’s most respected global manufacturing groups. As of June 26, 2025, it’s ranked as the 7th largest company in the Nifty Auto index by market capitalisation, valued at ₹1,08,605.03 crore.

The group began in 1975 as a small trading outfit in Delhi, founded by Vivek Chaand Sehgal and his mother, Shrimati Swaran Lata Sehgal. 

Motherson is best known for its expertise in:

• Wiring harnesses
• Vision systems (mirrors, cameras)
• Modules and polymer products (interiors, dashboards)

These three businesses now drive over 95% of the total Samvardhana Motherson revenue.

Here are a few important things that you must know!

Motherson Sumi was the group’s earlier flagship entity, now restructured into Samvardhana Motherson International Ltd and MSWIL. The stock symbol MSUMI was used for Motherson Sumi before the 2021 corporate reorganisation.
Samvardhana Motherson International is the group’s listed holding company, known for global auto, aerospace, and industrial solutions.
As of June 26, 2025, the Motherson share price is ₹154 on NSE under the symbol MOTHERSON.

However, the Samvardhana Motherson share price has ranged between ₹107 and ₹217 in the past year, reflecting steady global growth.

What Does Motherson Really Do? A Look Inside the Machine

Do you know what they actually do?

Behind the Samvardhana Motherson high share price is a massive global machine. With 425+ facilities and 2,00,000+ employees, the group designs and builds core components for the world’s top vehicles. 

Twelve sharp, distinct divisions, each solving a different piece of the global manufacturing puzzle. And while the group has expanded far and wide, three divisions alone now drive over 95% of its revenue.

1. Wiring Harness
This was Motherson’s original strength, and it still is. 

2. Vision Systems
It is about rear-view mirrors, cameras, and advanced detection systems. 

3. Modules & Polymer Products
This is their biggest line of business.

4. Integrated Assemblies
These are ready to be installed, plug and play. 

5. Elastomers
Rubber parts may sound small, but they’re everywhere, in cars, homes, and even medical devices. Motherson’s elastomers business builds custom compounds and supplies across sectors.

6. Lighting & Electronics
From headlights to HVAC systems, body control modules to shock absorbers, this division makes the electronic guts of vehicles. It also sells B2B through direct channels.

7. Precision Metals & Modules
When you need high-precision machining or fully integrated metal cabins for off-road vehicles, this division delivers.

8. Technology & Industrial Solutions
This division is quietly powering Motherson’s global backbone, from digital infrastructure to smart manufacturing. It’s also branching into healthcare tech and telematics.

9. Logistics Solutions
Not just trucks and warehouses. This unit handles vehicle logistics across the entire automotive supply chain, both inside the group and for outside clients.

10. Aerospace
Motherson took its wiring and polymer expertise and extended it to the skies. Now, they’re building integrated solutions for aerospace players and developing new products for future flight.

11. Health & Medical
This is Motherson with a heart. The division builds products and solutions aimed at improving access to affordable, high-quality care.

12. Services
From engineering support to industrial parks and machine tool trading, this division stitches the entire ecosystem together and keeps the wheels turning.

Beyond Business: How Motherson Is Contributing Towards CSR

In their own words, the goal is to build a company “we can hand over from generation to generation” one that contributes not just to profits, but to the planet and people.

At its core, Motherson’s sustainability vision is built on three pillars:

• Environment
• Social Inclusion
• Governance
  

Motherson has publicly committed to becoming Carbon Net Zero by 2040 across all global operations.

In 2023, Samvardhana Motherson International Limited was featured for the third time in the Dow Jones Sustainability Index (DJSI) – Emerging Markets list. 

Built in India, Backed by the World

When Motherson started in Delhi in 1975, the idea of being a global manufacturer wasn’t even on the table. But today, that’s exactly what they are.

Motherson now supports its customers through 425+ facilities in 44 countries, spread across every major region: North America, South America, Europe, Africa, the Middle East, Asia Pacific, and Australia.

Here’s how they’ve divided the world:

• Americas
• Europe and North Africa
• China
• Japan
• South Asia, Middle East and Mauritius
• South East Asia, Australia, South Africa and South Korea
  

Samvardhana Motherson History- FAQs

Source: Screener.in

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