Samvardhana Motherson Faces Potential Impact from US Tariffs on Truck Imports

1 min read     Updated on 26 Sept 2025, 09:33 AM
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Overview

Samvardhana Motherson International Limited may face challenges due to a 25% tariff imposed by the US on truck imports. As a supplier to Daimler Trucks, the company could experience indirect consequences from this policy change. The tariffs may lead to increased costs for truck manufacturers, reduced demand for imported trucks, and potential pressure on suppliers. In a recent development, the company appointed Mr. Dinesh Kumar Khara as an Additional Director and Non-Executive Independent Director for a five-year term, subject to shareholder approval.

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*this image is generated using AI for illustrative purposes only.

Samvardhana Motherson International Limited , a key player in the automotive components industry, may face challenges as the United States imposes a 25% tariff on truck imports from other countries. This development is particularly significant for the company, which supplies parts to Daimler Trucks.

Tariff Impact

The newly imposed 25% tariff on truck imports by the USA could have ripple effects throughout the global automotive supply chain. Samvardhana Motherson, as a supplier to Daimler Trucks, might experience indirect consequences from this policy change. The tariffs could potentially lead to:

  • Increased costs for truck manufacturers importing to the US market
  • Possible reduction in demand for imported trucks
  • Potential pressure on suppliers to adjust pricing or production

Company Overview

Samvardhana Motherson International Limited, headquartered in Noida, India, is a diversified auto components manufacturer with a global presence. The company has established itself as a significant player in the automotive supply chain, with partnerships extending to major international vehicle manufacturers.

Recent Corporate Developments

In a recent corporate development, Samvardhana Motherson appointed Mr. Dinesh Kumar Khara as an Additional Director and Non-Executive Independent Director for a five-year term, subject to shareholder approval.

Mr. Khara brings extensive experience to the board, having served as the Chairman of State Bank of India. His background in banking and finance could provide valuable insights as the company navigates potential challenges in the global automotive market.

Looking Ahead

As the situation develops, stakeholders will be watching closely to see how Samvardhana Motherson adapts to the changing international trade landscape. The company's ability to navigate these challenges may depend on its strategic response and the overall impact of the tariffs on the global automotive industry.

Investors and industry observers are advised to monitor further announcements from Samvardhana Motherson and its key customers, particularly Daimler Trucks, for a clearer picture of how the US tariffs might affect the company's operations and financial performance in the coming months.

Historical Stock Returns for Samvardhana Motherson International

1 Day5 Days1 Month6 Months1 Year5 Years
+0.64%-2.41%+3.48%+32.07%-25.65%+148.21%
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Samvardhana Motherson Appoints Former SBI Chairman Dinesh Kumar Khara as Independent Director

1 min read     Updated on 25 Sept 2025, 04:52 PM
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Radhika SahaniScanX News Team
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Overview

Samvardhana Motherson International Limited has appointed Dinesh Kumar Khara as an Additional Director and Non-Executive Independent Director for a five-year term, subject to shareholder approval. Khara, former Chairman of State Bank of India, brings nearly four decades of banking experience to the board. His appointment was approved in a board meeting on September 25, 2025, based on the recommendation of the Nomination and Remuneration Committee.

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*this image is generated using AI for illustrative purposes only.

Samvardhana Motherson International Limited , a leading auto component manufacturer, has announced the appointment of Mr. Dinesh Kumar Khara as an Additional Director and Non-Executive Independent Director. This strategic move brings a wealth of banking experience to the company's board.

Board Approval and Appointment Details

The Board of Directors of Samvardhana Motherson, based on the recommendation of the Nomination and Remuneration Committee, approved Mr. Khara's appointment in a meeting held on September 25, 2025. The appointment is for a five-year term, commencing from September 25, 2025, to September 24, 2030, subject to shareholder approval.

Dinesh Kumar Khara's Impressive Banking Career

Mr. Khara brings nearly four decades of extensive experience in the banking sector to his new role. His illustrious career includes:

  • Serving as the Chairman of State Bank of India (SBI) from October 2020 to August 2024
  • Managing Director roles at SBI, overseeing Global Banking and Subsidiaries, and Associates and Subsidiaries
  • Managing Director and CEO of SBI Funds Management Private Limited from November 2013 to August 2016

During his tenure at SBI, Mr. Khara played a pivotal role in the successful merger of five Associate Banks and Bhartiya Mahila Bank with SBI. He also managed key functions such as Risk, Information Technology, and Compliance.

Educational Background and Expertise

Mr. Khara's educational qualifications include:

  • Master's in Business Administration from the Faculty of Management Studies, University of Delhi
  • Post Graduate degree in Commerce from the Delhi School of Economics
  • Fellow of the Indian Institute of Banking & Finance

His expertise lies in leveraging analytics and technology to drive innovation and enhance operational efficiency in corporate entities.

Compliance and Independence

The company has confirmed that Mr. Khara is not related to any existing directors of Samvardhana Motherson International Limited. Furthermore, he is not debarred from holding directorship positions by any regulatory authority.

Board Meeting Details

The board meeting that approved Mr. Khara's appointment commenced at 16:00 Hours (IST) and concluded at 16:25 Hours (IST) on September 25, 2025.

This appointment of Mr. Dinesh Kumar Khara is expected to bring valuable insights and expertise to Samvardhana Motherson International Limited, potentially strengthening its strategic decision-making capabilities in the evolving automotive component industry.

Historical Stock Returns for Samvardhana Motherson International

1 Day5 Days1 Month6 Months1 Year5 Years
+0.64%-2.41%+3.48%+32.07%-25.65%+148.21%
Samvardhana Motherson International
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