Monday 19 February 2018

Motherson Sumi Systems Ltd. : Get Stock Price details, News, Financial Results, Stock Charts, Returns & more

MOTHERSON SUMI SYSTEMS LTD. (MOTHERSUMI) - COMPANY HISTORY

MSSS

Motherson Sumi Systems Stock Price : Motherson Sumi Systems Ltd is a world-class supplier of high performance components, modules and systems. The company is the largest supplier of EDS to the Indian automotive industry. They offer a range of products in the fields of electrical distribution systems, plastic molding, elastomers processing, tooling, metal machining, automotive rear view mirrors and integrated modules. They also provide a range of services from design to manufacturing, supplies to logistics to its customers in India and abroad.

The company as a supply partner provides complete solutions to their customers right from product design to mass supplies. They have developed a network of manufacturing bases, design centres, logistics centres, marketing support and sourcing hubs across a diversified geographical base. The company has their presence in 20 countries which include India (Noida, Gurgaon, Faridabad, Manesar, Pune, Lucknow, Bangalore, Chennai, Kandla, & Pondicherry), UAE, Sri Lanka, Singapore, China, Korea, Japan, Germany, UK, Czech Republic, Austria, Hungary, Italy, Spain, France, Ireland, USA, Mexico, Australia & Mauritius to provide timely and quality delivery to our customers worldwide.

Motherson Sumi Systems Ltd was incorporated in the year 1986 as a joint venture between Samvardhana Motherson Finance Limited (SMFL, Sumitomo Wiring Systems (SWS), Japan and Sojitz Corporation, Japan (formerly Nissho Iwai Corporation). The company was incorporated with the objective of manufacturing integrated wiring harnesses wires high tension cords and components for integrated wiring harnesses including plastic and metal parts.

In the year 1989, the company commenced manufacturing wiring harness components and plastic parts as a backward integration. In the year 1991, the company through their joint venture, Motherson Pudenz Wickmann Ltd commenced manufacturing fuses as a backward integration. In the year 1993, the company launched wire division, namely Motherson Sumi Electric Wires.

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