New Delhi, February 23 Auto component manufacturer Samvardhana Motherson International announced on Monday that it has commissioned a new manufacturing facility in Sanand, Gujarat, to produce exterior lighting systems for the automotive segment.
The plant, established as a joint venture with Marelli, is dedicated exclusively to producing state-of-the-art exterior lighting systems, further strengthening the group's capabilities in automotive component manufacturing.
"This strategic investment strengthens our ability to deliver advanced, future-ready lighting solutions while meeting the evolving needs of our customers," said Motherson Vice Chairman Laksh Vaaman Sehgal in a statement.
Together with Motherson, Marelli is uniting global innovation with strong local manufacturing capabilities to deliver cutting-edge solutions for the Indian market, stated Frank Huber, President of Marelli's Lighting business.
Shares of Samvardhana Motherson International closed 1.12 per cent up at Rs 130.80 apiece on the BSE on Monday.
