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Staying ahead of the curve: Motherson Sumi's success mantra

Acquisitions enabled MSSL to expand its core business of wiring harnesses abroad

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Business Standard is republishing an excerpt from a 2015 story  which chalks out the grand journey of Motherson Sumi

When it started in the mid-1970s, automobile component manufacturer Motherson Sumi Systems Ltd (MSSL) was a trading company. It was only when Maruti Suzuki was formed in the early 1980s that Chairman Vivek Chaand Sehgal floated the automotive initiative. Sehgal, now a veteran in this space with experience spanning more than three decades, recalls that there were around 600 vendors vying for Maruti Udyog's wiring harness business. What turned the game in favour of his company was speed. "I