Get In Touch
Tmapril cpver 104x80.jpg
Current Issue

animation-neutral-tts-300x100' width='300' height='100' border='0

Motherson Sumi gets biggest ever order from Daimler

By Swati Sanyal Tarafdar,

Added 30 April 2015

To invest in two new plants to execute the Rs15,400 crore order that includes supply of interior and exterior systems for various new Mercedes-Benz vehicle generations

Samvardhana Motherson Group received the Daimler Supplier Award 2014 for 'Partnership'

The global automotive supplier Motherson Sumi Systems Ltd. (MSSL), through its subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRPBV), has received a significant set of orders for the supply of a range of exterior and interior systems for several future Mercedes-Benz vehicle generations.

MSSL estimates these orders to generate sales revenues of approximately Rs 15400 crores over its lifetime and expected to commence from calendar year 2018.

To support Daimler's expansion activities, MSSL will invest in 2 new plants, one each in the USA and Hungary which will enable SMRP BV to be closer to Daimler's vehicle assembly plants, along with capacity expansion in existing plants in Germany as well as new machines, tools and product development efforts.

All of the mentioned activities are concerning operations of SMRPBV‘s division SMP (Samvardhana Motherson Peguform), which was acquired in 2011. SMP is a technology and market leader for bumpers, door panels and cockpits with strong footprint in Europe, Mexico, Brasil and China. It is a major supplier to car manufacturers in Europe, especially the German car makers.

SMP's new plant in Hungary will be located close to Daimler's operations in Kecskemet. With the establishment of the new plant in the region around Tuscaloosa, close to Daimler's assembly plant, SMP enters an important strategic growth market - USA which had been a ‘white spot' for SMP so far.

Continued to next page

comments powered by Disqus