Samvardhana Motherson International Limited (SAMIL), a global auto component manufacturer, has announced a strategic expansion into the North African market through its indirect wholly-owned subsidiary, PKC Wiring Systems Oy (Finland).

New Subsidiary in Morocco

PKC Wiring Systems has established a new wholly-owned subsidiary named Motherson PKC WH Systems Morocco SAS (MPKC) in Morocco. This move represents a significant step in the company's geographic diversification strategy, marking its entry into the North African automotive market.

Key Details of the New Entity

Business Focus

MPKC will primarily engage in two key areas of manufacturing:

1. Production of strings, cables, ropes, and twine
2. Manufacture of electrical distribution and control equipment

This expansion aligns with Samvardhana Motherson's core competencies in automotive wiring systems and electrical components.

Strategic Implications

The establishment of MPKC in Morocco is expected to:

• Strengthen Samvardhana Motherson's global manufacturing footprint
• Tap into the growing automotive industry in North Africa
• Potentially serve European markets more efficiently due to Morocco's strategic location

Regulatory Compliance

The company has duly informed the National Stock Exchange of India Limited and BSE Limited about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This expansion into Morocco underscores Samvardhana Motherson International's commitment to global growth and its strategy to be closer to its customers in diverse markets. As the automotive industry continues to evolve, such strategic moves could position the company to capitalize on new opportunities in the African continent and beyond.

Samvardhana Motherson International Limited (SAMIL) has announced a significant expansion into the North African market through its subsidiary, PKC Wiring Systems. The company has established a new wholly-owned subsidiary in Morocco, marking a strategic move to diversify its geographical presence.

New Subsidiary Details

The newly incorporated entity, named Motherson PKC WH Systems Morocco SAS (MPKC), was established on July 28, 2025. This subsidiary falls under PKC Wiring Systems Oy (Finland), which is an indirect wholly-owned subsidiary of SAMIL.

Business Focus

MPKC will primarily engage in the manufacturing sector, with a specific focus on:

• Production of strings, cables, ropes, and twine
• Manufacture of electrical distribution and control equipment

This expansion aligns with SAMIL's core competencies in the automotive and industrial sectors, potentially strengthening its global supply chain and manufacturing capabilities.

Financial Details

The initial investment in MPKC amounts to EUR 100,000.00, representing the entire share capital of the new entity. As a newly incorporated company, MPKC does not have any historical turnover data to report.

Strategic Implications

This move into Morocco represents a significant step for Samvardhana Motherson International:

1. Geographic Diversification: The expansion into North Africa opens up new market opportunities and potentially provides access to a different labor market and resource base.

2. Supply Chain Optimization: Establishing a presence in Morocco could help optimize SAMIL's global supply chain, potentially reducing costs and improving efficiency.

3. Market Access: This new subsidiary could serve as a gateway to both African and European markets, given Morocco's strategic location.

Regulatory Compliance

SAMIL has duly informed the National Stock Exchange of India Limited and BSE Limited about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The establishment of MPKC in Morocco marks an important milestone in Samvardhana Motherson International's global expansion strategy, potentially enhancing its competitive position in the automotive and industrial manufacturing sectors.