Motherson sumi, Joint venture

Specialised automotive component maker Motherson Sumi Systems Ltd (MSSL) said on Wednesday that more than 80 out of its 152 manufacturing facilities across the world are now operational.While 30 per cent of them are now running at more than 80 per cent capacities, rest of them are at up to 50 per cent capacities, and slowly and steadily gearing up.The company said that it has obtained necessary approvals from the concerned authorities in respective regions in relation to plant operations."Rest of the plants are being prepared to be in a ready state as per post-COVID requirements and once the permissions are obtained, these plants too will start operating," it said in a statement.Motherson Sumi said all necessary precautions are being taken by the teams in adherence with post-COVID 19 guidelines issued by various governments."Our teams across the globe are working closely with the governments and local administrations to ensure smooth functioning of the facilities," it said.MSSL is one of the world's leading specialised automotive component manufacturing compes for original equipment manufacturers. It was established in 1986 as a joint venture with Sumitomo Wiring Systems.With a diverse global customer base of nearly all leading automobile manufacturers globally, the company has a presence in 41 countries across five continents.( With inputs from ANI )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Motherson SumiFOLLOW

Motherson sumi, Latest News

International :Motherson Sumi eyes acquisitions, 'in talks with potential takeover cos'

Mumbai, Aug 29 Auto components maker Motherson Sumi Systems is looking for more acquisitions and is in talks ... ...

Business :Motherson Sumi subsidiary acquires majority stake in Turkey's Plast Met Group

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) on Monday announced the acquisition of a majority stake in two Turkey-based makers of moulded parts, sub-assemblies for mirrors and lighting systems. ...

Business :Motherson Sumi upsizes NCD issue to Rs 2,130 cr due to huge demand

Specialised automotive component manufacturing company Motherson Sumi Systems has announced the successful pricing of its maiden unsecured three-year non-convertible debenture (NCD) issue. ...

International :Agreement for hydroelectric project in Bhutan signed in presence of EAM Jaishankar

External Affairs Minister S Jaishankar on Monday attended via video conference the signing ceremony of Concession Agreement for 600 MW Kholongchhu JV-Hydroelectric Project in Bhutan. ...

Business :Auto component maker Motherson Sumi re-opens most plants globally

Specialised automotive component maker Motherson Sumi Systems Ltd (MSSL) said on Wednesday that more than 80 out of its 152 manufacturing facilities across the world are now operational.Motherson Sumi said all necessary precautions are being taken by ...