Motherson Sumi Systems (MSSL), a flagship of Sumi Motherson Group, is a joint venture between Sumitomo Wiring Systems (Japan), Sojitz Corporation (Japan) and the Motherson Group. The group has four divisions namely the wiring harness group, polymer group, tooling group and the strategic business group (manufacturer of automotive mirrors, machined metal components and assemblies). Of these, the wiring harness group is the market leader in India with a 65% market share of passenger car wiring and also contributes 70% to the company`s sales.
The company`s automotive segment is a supplier of wiring harness, high-tension cords, wire plastic & rubber components whereas the non automotive segment manufactures cooling parts for computers and other assemblies. The company follows an effective vertical and backward integration model evident from its various group companies, subsidiaries and JV. For instance, Kyungshin Industrial Motherson (KIML) between Kyungshin Industrial Company (South Korea) and MSSL specializes in manufacturing customer specific wire harnesses.
For its strategic business division it has a JV with Schefenacker AG (Germany) for black box designing and manufacturing of rear-vision systems. The company plans inorganic growth in the future as well and follows the strategy of increasing content per car. It also plans a capital expenditure of Rs 1250 million to increase capacities and upgrade technologies at its various manufacturing facilities.
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