Samvardhana Motherson International Limited (SMIL)
Samvardhana Motherson International Limited (SMIL) is the principal holding company of the Samvardhana Motherson Group, which is one of the world’s fastest growing specialized automotive component makers for original equipment manufacturers (OEMs). Major investments in the Group are held through Samvardhana Motherson International Limited (SMIL), the principal holding company of the Group.
The Company undertakes the provision of design and manufacturing solutions, mainly to the automotive industry, through subsidiaries and joint ventures with partners in the relevant fields. It acts as the central company that binds and manages the different ventures of the Group.
SMIL has investments in the Group companies including in the flagship company of the Group, Motherson Sumi Systems Limited (MSSL). SMIL provides central support, strategy and management direction to all the other Group companies.
SMIL’s growth is a combination of organic growth and acquisitions. The company has multinational business with manufacturing and design capabilities to cater to customer requirements. SMIL’s diversified product portfolio encompasses the entire range of the Samvardhana Motherson Group products.
The business portfolio includes: wiring harnesses, rearview mirrors, moulded plastic parts, injection moulding tools, assemblies and modules, vacuum formed products, elastomer products, cutting tools, thin film coating metals, sintered metal parts, IT services, engineering & design, cabins for off-highway vehicles, HVAC/ air conditioning systems for automobiles, lighting systems, air intake manifolds, air compressors, paint coating equipment, auxiliary equipment for injection moulding machines and automotive manufacturing engineering services.
SMIL has customers spread across multiple geographies. The company provides integrated full system solutions to its customers in all its product categories. The depth of backward integration coupled with its diversified product portfolio, provides SMIL with significant quality control and cost control advantages, lesser reliance on third party sources and shorter delivery and development lead times.
As the main vehicle for exploring new business areas and forming new joint ventures for the Group in diversified areas, it plays a pivotal role in the growth of Samvardhana Motherson Group and each of its members, building lasting global bonds through new alliances.
SMIL’s extensive JV portfolio is a key contributor in the Group being positioned as a full system solutions provider to a wide range of industries. SMIL has successfully forged partnerships with global technological leaders and has 24 JV partners.