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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Samvardhana Motherson opens wiring harness facility in Ras Al Khaimah · Endata

◂ Announcements

Sep 7, 2023NEW FACILITYRas Al Khaimah Economic Zone, Ras Al Khaimah, United Arab Emirates

Samvardhana Motherson opens wiring harness facility in Ras Al Khaimah

Samvardhana Motherson International Ltd inaugurated a new wiring harness facility in Ras Al Khaimah Economic Zone, UAE. The 11,000 sqm plant employs 500 people and was built with an initial investment of €10 million, producing wiring harnesses for commercial vehicles and exporting to Europe.

Value

$10.7M (10.0M EUR)

Jobs

500

Starts operating

7 Sep 2023

Status

Completed

Productswiring harnesses for commercial vehicles

CompaniesSamvardhana Motherson International Limited

Sectors#Automotive Components

“UAE Supreme Council Member Sheikh Saud bin Saqr Al Qasimi inaugurated the company's wiring harness facility in the Ras Al Khaimah (RAK).”cnbctv18.com

1 source
cnbctv18.comAuto parts maker Samvardhana Motherson expands operations in UAE with new unit in Ras Al Khaimah - CNBC TV18Jomy Jos PullokaranSep 7, 2023

Summarized from public sources; check the original articles before acting on it.

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Oct 20, 2023ACQUISITIONFrance, Morocco, Tunisia, France$37.0M
Samvardhana Motherson acquires ADI Group for EUR 35 million
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Jul 24, 2023ACQUISITIONKronach, Germany$130.0M
Samvardhana Motherson to acquire Dr Schneider Group for €118.3 million
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Jul 7, 2023ACQUISITIONBengaluru, India, India$12.5M
Samvardhana Motherson to acquire Rollon Hydraulics for Rs 103 crore
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