Racing ahead of the industry, MSWIL posts double-digit Q1 growth, with its sights set on expanding its electric vehicle footprint in India’s automotive sector.
Motherson Sumi Wiring India Limited (MSWIL) has reported revenues of ₹23.38 billion for the first quarter of the 2025–26 financial year, which ended on June 30, 2025. This marks a 14% increase compared with the same period last year, outpacing the industry’s 3% growth.
The company stated that it continues to operate without debt while pursuing strategic expansion plans.
Notably, the electric vehicle (EV) segment contributed 5.4% of MSWIL’s total revenue for the quarter. Profitability remained stable when excluding the impact of investments in Greenfield projects.
According to Motherson, one of the company’s new Greenfield facilities commenced production during the quarter and is expected to ramp up output over the coming months.
The company said these expansions are designed to meet the evolving requirements of original equipment manufacturers (OEMs) and to enhance margins as production scales.
“This reflects our competitiveness and strong relationship with customers, which has enabled us to be present in their key existing and new model launches,” mentioned Vivek Chaand Sehgal, Chairman, MSWIL, commenting on the matter.
He further said, “While the ramp-up at a specific Greenfield project is growing at a slower-than-expected rate due to market dynamics, we remain on track with our strategic expansion plans to support future requirements of OEMs.”
MSWIL is a joint venture between Samvardhana Motherson International Limited (SAMIL) and Sumitomo Wiring Systems, Ltd. (SWS). The company provides full-system wiring harness solutions for automotive OEMs in India, serving sectors that are benefiting from increasing vehicle electrification and premiumisation trends.
