Quick Takeaways
- The joint venture strengthens Samvardhana Motherson’s clean mobility electronics footprint with advanced Korean power electronics expertise.
- The partnership targets high-value EV power electronics to support scalable manufacturing for global automotive and industrial markets.
On January 7, 2026, Samvardhana Motherson International Limited finalized the formation of its joint venture with South Korea–based Egtronics Co., Ltd. The partnership was executed through its wholly owned subsidiary, Motherson Egtronics Electronics Solutions Limited, following the joint venture agreement signed on June 19, 2025, and the subsidiary’s incorporation on August 22, 2025.
Samvardhana Motherson Egtronics Joint Venture Focus and Scope
The Samvardhana Motherson Egtronics joint venture has been created to design, develop, manufacture, and assemble vehicle electronics supporting clean mobility applications. The product portfolio spans critical power electronics used across automobiles and select industrial segments, including:
After completion of the transaction, the equity structure reflects majority ownership by Samvardhana Motherson International Limited at 51 percent, with Egtronics holding the remaining 49 percent, positioning the venture to combine global manufacturing scale with advanced electronics expertise.
Samvardhana Motherson Egtronics Joint Venture Focus and Scope
The Samvardhana Motherson Egtronics joint venture has been created to design, develop, manufacture, and assemble vehicle electronics supporting clean mobility applications. The product portfolio spans critical power electronics used across automobiles and select industrial segments, including:
- DC-DC converters
- Auxiliary inverters
- Traction inverters
- On-board chargers
- Power distribution units
After completion of the transaction, the equity structure reflects majority ownership by Samvardhana Motherson International Limited at 51 percent, with Egtronics holding the remaining 49 percent, positioning the venture to combine global manufacturing scale with advanced electronics expertise.
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