Motherson unveils bold 2030 growth vision, targets $108bn revenue

Motherson Sumi Wiring India Limited (MSWIL) hosted its institutional investor meet, outlining its Vision 2030 strategy and reflecting on the accomplishments of Vision 2025. The company announced a record 23 acquisitions over the last five years, growing 2.5 times and increasing ROCE from 10% to 18.5%. It also reported a 3x growth in EBIT and approximately 5x growth in PAT, while reducing red units by almost 80%. MSWIL now operates over 160 facilities in India, employing more than 100,000 people.

The company aims to achieve a gross revenue target of $108bn by 2030, maintaining a 40% ROCE for the group. Diversification remains a key focus, with no single country, customer, or component to exceed 10% of revenues. Motherson plans to pay out up to 40% of its consolidated profit as dividends. Strategic initiatives include expanding into non-automotive sectors, particularly aerospace and consumer electronics, and achieving energy independence for its Chennai facility by 2030, transitioning to 100% green power.

Motherson has invested significantly in technology, with 35 engineering centers and over 3,000 patents. The company's IT organization, with approximately 3,000 engineers, has facilitated the integration of new acquisitions and aims to automate 30% of incremental workloads using AI and bots. Motherson has also successfully established a logistics vertical, reducing 3PL logistics costs by 12%, and entered the sustainable packaging solutions market through a joint venture.