Motherson ready to launch PKC's wire harness technology for buses and trucks in India

Noida / Finland - Motherson Sumi Systems Ltd (MSSL) of Noida, which acquired a 93% stake at wiring harness specialist, PKC Group Plc in March 2017 with view to strengthening its own presence in the North American and European markets, has announced that it is also to start supplying wiring harnesses manufactured in India using by PKC technology for the commercial vehicle markets in India.

Vivek Chand Seghal, chairman, Motherson Sumi Group, said, “With help of PKC, which we acquired this year, will bringing electric technology for commercial vehicles soon.”

Motherson Sumi Systems Ltd (MSSL) was established in 1986 as a partnership between the Samvardhana Motherson Group and Sumitomo Wiring Systems (Japan). With a diverse global customer base comprising of almost all leading automobile manufacturers globally, the company has a presence in 26 countries across six continents. MSSL is currently the largest automotive ancillary in India and among the Fab 50 companies of India by Forbes magazine. MSSL is the flagship company of the Samvardhana Motherson Group (SMG).

PKC of Helsinki, Finland designs, manufactures and integrates tailored electrical distribution systems and related architecture components, vehicle electronics, wires and cables especially for trucks and buses, light and recreational vehicles, construction equipment and agricultural and forestry equipment. PKC has a market leading presence in wiring harnesses for commercial vehicles in the North America and European markets. Apart from these geographies, PKC has a significant presence in Brazil and, a growing presence in China. It was reported to have a turnover of EUR846m during calendar year 2016 and an adjusted EBIDTA of EUR64m.