BSE
Your Result on : Company News Details
Samvardhana Motherson International Ltd Industry :  Auto Ancillaries
BSE Code
517334
ISIN Demat
INE775A01035
Book Value (Rs)
36.2344235
NSE Symbol
MOTHERSON
Divident Yield %
0.48
Market Cap
(Rs In Cr.)
124,279
P/E (TTM)
63.31
EPS (TTM)
1.86
Face Value
(Rs)
1
Back
Motherson Electronic Components secures incentives under Govt's PLI scheme
05-Jan-26   Hrs IST

Motherson Electronic Components (MECPL), a subsidiary of Samvardhana Motherson International (SAMIL), has successfully secured incentives under the Government of India's Production Linked Incentive (PLI) Scheme.

Under the latest approvals, MECPL has been included among the beneficiaries of the Electronics Components Manufacturing Scheme (ECMS) announced by the Ministry of Electronics and Information Technology (MeitY), Government of India, for the production of enclosures for the consumer electronics industry. This development reaffirms Motherson's commitment to strengthening domestic manufacturing and contributing to “Make in India”.

These incentives are for six years, i.e., from FY 26 to FY 31, with an expected cumulative investment of Rs. 1,900 crore over the investment period. MECPL is looking to create over 5,000 employment opportunities at its plant in Kanchipuram, Tamil Nadu, during the course of these incentives.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, Developed and Maintained by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)