Samvardhana Motherson International Limited (SAMIL) has received a major boost to its long-term growth plans after its subsidiary, Motherson Electronic Components Private Limited (MECPL), was approved for incentives under the Government of India’s Production Linked Incentive (PLI) framework. The approval comes as part of the Electronics Components Manufacturing Scheme (ECMS), which focuses on strengthening India’s electronics supply chain and encouraging large-scale domestic manufacturing.
Under this approval, MECPL will be eligible for government incentives over a six-year period from FY 2026 to FY 2031. During this time, the company plans to invest around ₹1,900 crore to expand its manufacturing capabilities, particularly in the production of enclosures used in consumer electronics. This move highlights Motherson’s increasing focus on high-value electronics manufacturing alongside its established presence in automotive and aerospace segments.
A key highlight of this expansion is its impact on employment. The company expects to create more than 5,000 new jobs at its manufacturing facility in Kanchipuram, Tamil Nadu over the incentive period. These opportunities are likely to support local economic development while also helping build a skilled workforce aligned with India’s manufacturing ambitions.
Motherson’s participation in the ECMS reflects its strong execution capability and readiness to scale operations in emerging sectors. As a global design, engineering, manufacturing and assembly specialist, the group continues to deepen its role in building a resilient and self-reliant industrial ecosystem in India, fully aligned with the vision of Make in India.
With government support, planned investments, and job creation all coming together, this development positions Motherson for sustained growth in the coming years and has drawn attention from both industry observers and market participants.
Samvardhana Motherson International Ltd – Stock Snapshot
(Indicative market data; prices may vary during trading hours)
- Current Market Price: Around ₹123 per share
- 52-Week High: Approximately ₹125 per share
- 52-Week Low: Approximately ₹71 per share
These levels reflect a strong recovery over the past year, supported by improving business outlook, policy support, and expansion into new manufacturing segments.
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