Samvardhana Motherson inks MoU with Valeo for lighting solutions

24 Feb 2022 CW Team

On Tuesday, Samvardhana Motherson Automotive Systems Group BV, a part of Motherson Group, told the media that it signed an Memorandum of Understanding (MoU) with Paris-based Valeo for lighting solutions.

As part of the MoU, Valeo’s innovative lighting systems will be merged with Motherson’s new cabin interior modules and surfaces.

Instrument panels, door panels, centre consoles and other interior trims will be redesigned completely utilising these new technologies.

Motherson Group Chairman Vivek Chaand Sehgal told the media that the partnership integrates the firm's modules and polymer products expertise with Valeo’s extensive technology experience to provide class-leading interior integrated lighting solutions to the consumers.

Maurizio Martinelli, President of Visibility Systems Business Group, Valeo Group, told the media that their association with Motherson is a concrete illustration of Valeo’s DNA: developing innovations that make mobility smarter and safer, to render both drivers and passengers a state-of-the-art travelling experience.

As of December 31, 2020, Valeo owned 20 research centres, 187 plants, 43 development centres and 15 distribution platforms and employed 1,10,300 individuals in 33 nations worldwide.

Image Source

Also read: Motherson Sumi net profit drops 80% to Rs 226 cr in Q3

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..