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Systematix Analysis Report
Motherson Sumi Wiring India Ltd. is a pioneer in wiring harness service options, together with product improvement with full in-house design capabilities and engineering assist. The corporate started operations in 1986 with backing from Sumitomo Electrical, Japan (25% plus market share globally) and instructions a management place (50% plus share) in India.
Motherson Sumi Wiring India is the one working arm of Sumitomo in India, with entry to the latter’s state-of-the-art wiring harness applied sciences for the final three a long time.
Over the past 12 years, whereas the auto trade has seen a quantity compound annual progress fee of three%, the corporate has registered a income CAGR of 14%, highlighting a marked progress in content material per car.
Motherson Sumi Wiring India has already launched options for electrical automobiles/ hybrids as penetration of latest age applied sciences achieve tempo.
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