Motherson Sumi Wiring India is a leading and fast-growing full-system solutions provider to OEMs, in the wiring harness segment in India. Motherson Sumi Wiring India is a joint venture between Samvardhana Motherson International (SAMIL)[formerly Motherson Sumi Systems] and Sumitomo Wiring Systems (SWS).
The company reported a 59.8% rise in net profit to Rs 125.96 crore on a 49.8% increase in net sales to Rs 1661.68 crore in Q1 FY23 over Q1 FY22.