Motherson Sumi Systems (MSSL) reports that one of its subsidiaries, Motherson PKC Harness Systems, is building a new factory in the United Arab Emirates (UAE).
Per an online announcement by MarketLine, a ground-breaking ceremony at the Ras Al Khaimah Economic Zone (RAKEZ) was held recently for the launch of the project. "We are very glad to have taken this important step of setting up our manufacturing facility in the fast-growing emirate of Ras Al Khaimah mark the beginning of factory construction and operations are expected to commence in the second quarter of 2020," said MSSL Chairman Vivek Chaand Sehgal. "This provides us great opportunities for larger exposure to the global markets."
The story said that the factory is being built on a 21,000-sq-m parcel. In addition to wire harnesses, the plant will also produce rear view mirrors and have injection molding capacity.
MSSL was established as a joint venture partnership with Japan’s Sumitomo Wiring Systems. Its scope includes wiring harnesses, high tension cords, battery cables and high level assemblies. In 2017, it acquired Finland’s PKC Group Plc, a global tier 1 supplier of wiring harness and associated components to original equipment manufacturers (OEMs) in the heavy and medium duty commercial vehicles and locomotive segments across North America, Europe, Brazil and China.
RAKEZ, one of the 45 free economic zones in the Gulf nation, has 14,500 companies from 100 countries operating in 50 industries.