Motherson Sumi Systems is reportedly eyeing substantial revenue from non-auto biz. Motherson Sumi Systems is confident of securing a fourth of its targeted $36 billion by 2025 from non-auto business segments even as its auto orders, including EV business, remain strong.
The company has set out a vision plan under which it aims to grow its revenues to $36 billion by FY25.
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.