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Motherson Sumi Systems eyeing substantial revenue from non-auto biz: Report

26 Aug 2021 Evaluate

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.

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Company Name CMP
SamvardhanaMotherson 159.00
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