Credit rating agency – CRISIL has reaffirmed Motherson Sumi Systems’ Long Term rating at ‘AA+’ and outlook has been revised from ‘Negative’ to ‘Stable’. The rating agency also reaffirmed short term rating at ‘A1+’.
Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.
