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Samvardhana Motherson International incorporates indirect wholly owned subsidiary

10 Oct 2023 Evaluate

Samvardhana Motherson International has incorporated indirect wholly owned subsidiary namely ‘Motherson Group Investments USA Inc., Delaware (USA)’. The newly incorporated company will acquire, invest and hold movable and immovable assets of group.

Samvardhana Motherson International is one of the world’s leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.

Peers
Company Name CMP
SamvardhanaMotherson 162.50
Tube Investments 2601.80
Bosch 47982.85
UNO Minda 1204.00
Bombay Burmah Trdg. 1398.00
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