Samvardhana Motherson International Ltd. (SAMIL) has announced the incorporation of its wholly-owned subsidiary, Global Tech Machinery FZ LLC, in the United Arab Emirates. This strategic move strengthens SAMIL's global footprint and enhances its capabilities in providing cutting-edge solutions to the automotive and industrial sectors.
Key Highlights:
• Subsidiary Name: Global Tech Machinery FZ LLC.
• Location: Abu Dhabi Global Market (ADGM), UAE.
• Objective: To offer advanced machinery and technology solutions, supporting SAMIL's vision of innovation and excellence.
• Strategic Impact: Reinforces SAMIL's position as a global leader in specialized automotive components and industrial solutions.
This development underscores SAMIL's commitment to expanding its reach and delivering world-class services to its clients worldwide.
Sources: Business Standard, Motherson Group.