Motherson is one of the world’s largest manufacturers of components for the automotive and transport industries. The company name itself signifies a relationship of deep trust- that of a mother and child. Trust is sacrosanct in all relationships at Motherson while working towards its vision of being a globally preferred solutions provider.
A vision shared
Motherson’s target industry is highly engineered and constantly evolving. To embrace rapid change, the company has taken a long view. Five-year plans allow Motherson to align with customers’ strategies for long-term growth.
Building a future from the ground up
The company’s operations are strategically located to supply to its customers.
Earning the industry’s confidence
Becoming a preferred partner takes time and trust. Every day the company works hard to earn that trust. Long-term customers look to Motherson for solutions when other suppliers are in trouble. That’s how it made its biggest acquisition to date.
The company’s 5-year plan to 2025 is to strengthen its foundation and apply existing competencies to serve customers in new industries. The targets set are USD 36 billion revenues with 40% ROCE. 25% of revenues to come from new divisions that Motherson has entered. The company has realigned its diversification strategy to 3CX10 meaning that exposure to any country, component or customer should not be more than 10% of total turnover by 2025.
Contact: SK Mathur
Email: [email protected]