|SMIL is an integrated design and manufacturing company providing full system solutions to diverse industries. The principal focus of the company is the automotive industry globally and in India. SMIL provides an end-to-end range of design and manufacturing solutions to the automotive customers, including product concept and product design, engineering, manufacturing, sub-assembly and the production of integrated modules. The company continues to leverage its experience and the capabilities gained from extensive operations in the automotive components sector to pursue potentially high growth opportunities in various non-automotive sectors.
SMIL operates its businesses through a number of Subsidiaries, Joint Ventures and Other Consolidated Entities. The principal businesses in the automotive sector are held through Motherson Sumi Systems Limited (“MSSL”) and Samvardhana Motherson Reflectec Group Holdings Limited (“SMR”). The Company holds 36.3% of the equity share capital of MSSL, a company listed on the Indian stock exchanges, which is engaged in, among other things, the manufacture of wiring harnesses, polymer processing and tool manufacturing and elastomer production. SMIL, along with MSSL, holds an equity interest in SMR, which is engaged in the manufacture of exterior and interior rear view vision systems.