Commenting on this development, Mr. Vivek Chaand Sehgal, Chairman Motherson, said,  “We are proud to be recognised as a Tier 1 supplier to Airbus commercial aircraft, and I would like to express my heartfelt gratitude to Airbus for their trust in Motherson. This significant achievement highlights Motherson’s manufacturing capabilities, high-quality standards, and commitment to timely delivery. Our team is committed to delivering the highest quality components and assemblies. We look forward to strengthening our partnership.”

Mr. Kunal Bajaj, President, of Motherson’s Aerospace Business Division, said, This Tier 1 status with Airbus Commercial is expected to drive significant growth in our business with them. This new status reflects our ongoing investments in advanced manufacturing technologies and quality systems to serve our global aerospace customers and their growing production needs. The recent recognition underscores our commitment to excellence and strategic role in the aerospace supply chain.”

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Sanko, founded in 1951, is Japan’s No.1 manufacturer of plastic material handling products and a leading company in sustainable packaging solution business. It serves its customers across a diverse range of industries. Sanko has strong engineering capabilities and an in-house technical centre to develop products that are structurally and technically engineered for durability, reusability and full recyclability.

The joint venture will contribute to greater efficiencies in material handling with cost reduction in overall logistics spending. By combining Sanko’s engineering expertise and decades of innovation with Motherson’s extensive presence across India C Europe, we aim to provide innovative, sustainable solutions for both automotive and non-automotive industries.

Commenting on this development, Mr. Vivek Chaand Sehgal, Chairman Motherson, said, “We are excited to announce that this partnership with Sanko is a strategic, synergistic diversification for our Group. We believe that reimagining packaging as an engineered solution versus a simple commodity can bring immense logistics, cost, and value efficiencies to supply chains. More importantly, we see this collaboration as another way to support our customers in achieving their sustainability goals.”

Commenting on this development, Mr. Toshihiko Goto, President Sanko, said, “We are delighted to create a strategic partnership with Motherson, which can contribute to our expanding business globally. We believe we can contribute more to Motherson’s and our valuable customers by combining Motherson’s strong global presence and our long experience and rich expertise in the sustainable packaging solution business.”

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Commenting on this development, Mr. Vivek Chaand Sehgal, Chairman, Motherson, said,

“This achievement reflects the collective effort of everyone involved with Motherson. This ranking serves as a testament to our holistic approach to business, which focuses on financial performance and our responsibilities towards our employees, the environment, and society as a whole.  Being featured in this select group of top-performing companies amplifies our credibility and reflects the trust and support of our valued customers, investors, employees, and other stakeholders. I extend my sincere gratitude to them. This recognition further motivates us to continue striving for excellence in all that we do, and we remain committed to upholding the values that have brought us to this significant milestone.”

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Mumbai (India), 20^th October 2023: Samvardhana Motherson International Limited (Motherson) announced a series of acquisitions to strengthen its non-automotive businesses further. These acquisitions are spread across the aerospace, health and medical businesses of the company and provide impetus for future growth.

The aerospace division of Motherson is building its capabilities in a phased and strategic manner, enabling it to offer a much wider range of services to aerospace OEMs. Motherson has completed four acquisitions in the Aerospace business segment, from AD Industries, Cirma, and SMAST in 2023 to CIM Tools in 2022. Each of these acquisitions brings a unique set of capabilities. AD Industries manufactures a wide range of components and sub-assemblies and has diverse capabilities across four key divisions (sheet metal, hydraulics, mechanical assemblies, and composites). Its ability to work with hard metals, soft metals, and composites simultaneously positions it uniquely in the aerospace ecosystem. CIM tools bring world-class machining and metal treatment capabilities (detailed parts for aerostructures), while Cirma and SMAST provide wiring harness solutions (EWIS) and advance system solutions. The suite of strategically acquired and organically developed competencies complement each other with limited overlap, which will help it offer a much wider range of services to aerospace OEMs globally.  With 8 facilities in France, the group gets a strategic footprint in the heart of the European aerospace industry and together with 9 facilities in best-cost locations across India and Africa, the division is fully equipped to provide high-quality solutions to the aerospace supply chain. The division will also benefit from an impending increase in build rates. With booked business of US$ 1.3 bn+, the division has strong support from its customers, and the necessary competence to cater to the increased demand of the aerospace sector.

The health and medical business division is leveraging the capabilities of Motherson with a focus on diagnostic equipment, patient aid equipment, IT solutions and services. The greenfield plant in Chennai (India) is near SOP and certification audits are underway. The recent acquisitions of AD Industry and Irillic Private Limited are the first two for this division. AD Industry brings valuable capabilities in reinforced carbon composites, which are essential elements for radiology products like patient tables, X-ray detector housing, and more. This capability is highly scalable and can be utilised to cater to emerging applications prosthetics, orthopaedic equipment etc in addition to other applications in radiology. Irillic has strong capabilities in R&D and engineering, having secured two patents in India and the USA. Irillic has developed imaging systems (Fluorescence Imaging and 4K Laparoscopy) that provide real-time visualisations for a wide range of medical procedures. The division intends to continue developing solutions in-house, via acquisitions as well as through collaborations with universities, hospital systems, and research centres. With the manufacturing expertise of SAMIL, these recent acquisitions will propel significant growth for the division.

About SAMIL (Formerly Motherson Sumi Systems Limited.) and SMRPBV

Samvardhana Motherson International Limited (SAMIL) is a diversified global manufacturing specialist and one of the world’s largest and fastest-growing automotive suppliers for OEMs. Motherson supports its customers from more than 350 facilities across 41 countries, with a team of over 180,000 dedicated professionals. The company recorded revenues of USD 12.7 Bn for FY23 and is among the top 25 largest automotive suppliers worldwide.

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