Samvardhana Motherson International Limited (Motherson) has outlined its Vision 2030, targeting gross revenues of USD 108 billion by 2029–30, with a focus on both organic growth and acquisitions. The company plans to sustain a group return on capital employed of 40 percent while maintaining its diversification framework of limiting revenue exposure from any single country, customer, or component to below 10 percent.
During its previous five-year plan ending FY25, Motherson completed 23 acquisitions, adding more than 100 facilities worldwide, and expanded through 37 greenfield projects, 36 of which were in emerging markets. This expansion included 23 new facilities in India, along with additional plants across Europe, China, the Americas, and Africa.
For Vision 2030, Motherson has confirmed that its growth strategy will continue to combine organic expansion, joint ventures, and acquisitions. The group has highlighted its robust M&A evaluation framework, guided by customer-driven acquisitions, strategic relevance to achieving its 40 percent ROCE target, and long-term employee integration. It indicated that future deals would continue to be pursued where they enable multi-fold growth and align with its diversification goals.
In addition to expansion and acquisitions, Motherson has identified operational improvements and digitalisation across its 425 facilities as part of its long-term plan. The company is also targeting increased participation in non-automotive industries, including aerospace, consumer electronics, and semiconductors.
Founded in 1975, Motherson is a diversified manufacturing group serving automotive and non-automotive industries. The company operates more than 425 facilities worldwide, with business divisions spanning wiring harnesses, vision systems, polymer products, integrated assemblies, precision metals, aerospace, logistics, health, and medical solutions.