BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Research Report
Motherson Sumi Wiring India Ltd. is a pioneer in wiring harness service solutions, including product development with complete in-house design capabilities and engineering support. The company began operations in 1986 with backing from Sumitomo Electric, Japan (25% plus market share globally) and commands a leadership position (50% plus share) in India.
Motherson Sumi Wiring India is the only operating arm of Sumitomo in India, with access to the latter’s state-of-the-art wiring harness technologies for the last three decades.
Over the last 12 years, while the auto industry has seen a volume compound annual growth rate of 3%, the company has registered a revenue CAGR of 14%, highlighting a marked growth in content per vehicle.
Motherson Sumi Wiring India has already introduced solutions for electric vehicles/ hybrids as penetration of new age technologies gain pace.
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