citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . september 2015 learn how and when to remove this template message motherson sumi systems limited type public bse 517334 nse mothersumi industry automotive founded january 1 1986 1986 01 01 1 founder mrs. s. l. sehgal 2 headquarters noida india number of locations 35 3 key people vivek chaand sehgal chairman vaaman sehgal vice chairman pankaj mital coo 2 products electrical distribution systems & polymer processing revenue 32 000 crore us 4.8 billion 4 net income 391 crore us 58 million 5 total assets 2 236 crore us 330 million 5 net fixed assets number of employees 28 000 5 parent samvardhana motherson group website official website motherson sumi systems established in 1986 is the flagship company of the samvardhana motherson group . motherson sumi systems is a joint venture between samvardhana motherson group and sumitomo wiring systems of japan . motherson sumi systems is a leading automotive mirror and wiring harness manufacturer for passenger cars . it also supplies plastic components and modules to the automotive industry . 1 motherson sumi systems has offices and manufacturing units in 24 international & 11 indian locations . 3 contents 1 history 2 stoneridge acquisition 3 previous acquisitions 4 references history edit first group company motherson was established in 1975 . however motherson sumi systems did not come into existence till 1986 when joint venture with sumitomo wiring systems of japan was formulated . following are the key timelines . 6 7 8 9 year events 1975 motherson founded 1977 first cable factory started 1983 technical agreement with sumitomo wiring systems japan for wiring harness 1986 jv with sumitomo wiring systems japan 1989 injection moulding commencement 1992 cutting tool manufacturing 1999 first overseas office established austria 2000 representative office at singapore 2002 established wiring harness manufacturing at sharjah and design centre at ireland 2003 offices in usa & uk established 2004 european headquarters established in germany 2005 established fabrication units in germany 2006 established fabrication units in uk 2007 established fabrication units in australia 2009 takeover of visiocorp 2011 takeover of peguform 2014 takeover of stoneridge wiring division 2014 new plant start in noida of injection moulding mae noida stoneridge acquisition edit auto1 component manufacturer motherson sumi systems ltd mssl has entered into an agreement to acquire stoneridge inc s wiring harness business for 65.7 million . 10 the acquisition is expected to close in the third quarter of 2014 and the acquired company has a turnover of nearly 300 million . this acquisition will further strengthen the company s presence in north america where it has in the recent past established wiring harness operations . this is by far the largest acquisition for the core business of wiring harnesses . previous acquisitions edit before this mssl has done 10 acquisitions the first being in wiring harness in 2002 and other noticeable being acquisition of mirror business from visiocorp now renamed as samvardhana motherson reflectec in 2009 and peguform now named samvardhana motherson peguform in 2011 which established motherson as a global tier 1 supplier to the major oems of the automotive industry . references edit a b profile . official website . retrieved jan 2012 . check date values in access date help a b management . official website . retrieved jan 2012 . check date values in access date help a b locations . official website . retrieved jan 2012 . check date values in access date help annual report 10 11 . bombay stock exchange . retrieved jan 2012 . check date values in access date help a b c annual report 10 11 pdf . bombay stock exchange . retrieved jan 2012 . check date values in access date help history . official website . retrieved jan 2012 . check date values in access date help motherson acquires peguform . economic times . retrieved jan 2012 . check date values in access date help motherson acquires visiocorp plc . dna . retrieved jan 2012 . check date values in access date help motherson acquires empire rubber . business line . retrieved jan 2012 . check date values in access date help motherson stoneridge deal . bloomberg tv india . india portal companies portal this article about an indian company is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title motherson sumi systems & oldid 744365931 categories companies of indiaauto parts suppliersautomotive body partsautomotive companies of indiacompanies based in noidacompanies established in 1986indian company stubshidden categories cs1 errors datesarticles needing additional references from september 2015all articles needing additional referencesall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 14 october 2016 at 19 12 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view