Video interview of Vivek Chaand Sehgal
Motherson is now the 1st Indian employer in France - Mr. Sehgal, Chairman of Samvardhana Motherson Group talking about his success story in France.
Auto component maker Motherson Sumi Systems has acquired an additional French company, last year, the manufacturer Reydel Automotive Group (Reydel) for USD 201 million (over Rs 1,300 crore).
Motherson Sumi Systems (MSSL), flagship company of the Samvardhana Motherson Group (SMG), said this acquisition through its step-down subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRP BV) will bolster its offerings in the automotive interiors space.
Reydel’s interiors product portfolio includes instrument panels, door panels, console modules, decorative parts and cockpit modules. The company’s global presence spans 20 plants and 16 countries and is supported by a workforce of around 5,500 associates.
Samvardhana Motherson Group is now the largest Indian employer in France with 2,300 employees.