Samvardhana Motherson International Ltd.

Samvardhana Motherson International (SAMIL) has received approval from Board of Directors to execute a Joint Venture agreement with Egtronics Co, a company listed on KOSDAQ South Korea.

The Strategic partnership will enable SAMIL via its Wiring Harness Division to provide innovative solutions of vehicle power electronics for clean mobility (i.e EV and Hydrogen) to customers in the commercial vehicle segment thereby enhancing the technological capabilities of the division with the addition of patented product portfolio. The strategic relationship will have its manufacturing operations established in India with global sales (excluding South Korea). 

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.