Our new 5 year plan Annual Report 2014 - 2015.

1 AnnualReport2014 - yearOur newMSSL AR 125/06/15 7:28 Corporate information Samvardhana Motherson Group Samvardhana Motherson International Limited 04 Sumitomo Wiring Systems: Our principal partner Group business portfolio Letter from the Chairman Vision Mission and shareholder structure Achieving our 2015 vision A history of long-term thinking Our Vision 2020: The fifth 5-year plan MSSL business lines overview Awards and recognition Management discussion and analysis Directors Report Report on corporate governance Auditor s Report Balance sheet 18 Statement of profit and loss 19 Cash flow statement Consolidated financial statements AR 227/06/15 12:03 PMAnnualReport2014 - yearOur new2 Motherson Sumi Systems LimitedDisclaimerIn this Annual Report , we have disclosed forward-looking information to enable investors to comprehend our prospects and take informed investment decisions.

2 This Report and other statements written and oral that we periodically make contain forward-looking statements that set out anticipated results based on the management s plans and assumptions. We have tried, wherever possible, to identify such statements by using words such as anticipate , estimate , expects , projects , intends , plans , believes , and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realized, although we believe we have been prudent in our assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected.

3 Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or Annual Report 2014 - 2015 (Late) Smt. SehgalFounder Chairperson(Late) Sh. SehgalChairman Emeritus BOARD OF DIRECTORSMr. Vivek Chaand SehgalChairmanMaj. Gen. Amarjit Singh (Retd)DirectorMr. Sushil Chandra Tripathi, IAS (Retd.)DirectorMr. Toshimi ShirakawaDirectorMr. Arjun PuriDirectorMr. Gautam MukherjeeDirectorMs. Geeta MathurDirectorMr. Laksh Vaaman SehgalDirectorMs. Noriyo NakamuraDirectorMr. Pankaj MitalWhole-time Director /Chief Operating Off icerRegistered Off ice2nd Floor, F-7, Block B-1,Mohan Cooperative Industrial Estate, Mathura Road, New Delhi-110 044, IndiaInvestor CellMr.

4 Gauba(Company Secretary &Chief Financial Off Computershare Pvt. Selenium Tower B Plot number 31 & 32, Financial District Nanakramguda , Serilingampally Mandal, Hyderabad 500032, Waterhouse Chartered Accountants 8, 7th & 8th Floor, DLF Cyber City, Gurgaon 122 002, Haryana, IndiaBankers State Bank of India Axis Bank Ltd. Citibank DBS Bank Ltd., HDFC Bank Ltd. ICICI Bank Ltd. Japan Bank for InternationalCooperation The Bank of Tokyo MitsubishiUFJ Ltd. The Hongkong and ShanghaiBanking Corporation Ltd., 01 Motherson Sumi Systems Limited4 Chapter 02 Soumya Sathyan is a wiring harness maker in SamvardhanaMotherson Group (SMG),today one of the world sfastest growing automotivecomponent makers, had itshumble beginnings in years on, SMG is proud to bepart of the world s mostadmired automotive Group supplies specialisedauto parts to original equipmentmanufacturers (OEMs) across25 countries through over170 facilities in five Report 2014 - 2015 Motherson Sumi Systems Limited6 Chapter 02 The Group had a turnover of USD during the fiscal year 2014 15, and continues to grow quickly and sustainably through its wide-ranging business portfolio, with support from its 25 joint venture partners.)

5 Being one of the most diversified groups in the automotive industry, SMG harnesses competencies across its business divisions to provide innovative and cost eff ective, vertically integrated full system solutions to its designs and manufactures wiring harnesses, automotive mirrors, polymer components and integrated modules such as bumpers, dashboards and door trim modules, HVAC systems, lighting and air intake systems, pedal boxes, cabins for off highway vehicles, shock absorbers and metal parts. These products are delivered directly to the assembly plants of the customers, based on In-line and In-sequence principles. For a supplier, this entails being present at a location near the customer and being able to supply exactly what the OEM wants.

6 Hence, our expansion into new geographies and product categories has been mostly customer-led, as we believe in facilitating their work by being where they are and making what they addition to the productsegments that go directly into the car, the Group also makes tools and provides manufacturing support services to help manufacture those products that supports its customers. Hence, the SMG business portfolio includes injection moulding tools, cutting tools, thin film coating, paint coating equipment, air compressors, automotive manufacturing engineering services, auxiliary equipment for injection moulding machines, and IT, engineering and design services required in the automotive manufacturing business and other industries.

7 This helps us deepen our vertical 7integration and reduce costs when off ering our customers unique tailored s flagship company Motherson Sumi Systems Limited (MSSL) is a joint venture between Samvardhana Motherson International Ltd. (SMIL) and Sumitomo Wiring Systems (SWS) of Japan. SMIL, the principal holding company of SMG, holds of the equity share* capital of MSSL. SMIL is the fulcrum of the Group, which manages the diff erent ventures of SMG and provides strategy inputs and support to all the other Group companies, especially to MSSL. For example, the flagship company utilised SMIL s managerial capabilities during the acquisitions and turnaround processes of Visicorp and Peguform, now Samvardhana Motherson Reflectec (SMR) and Samvardhana Motherson Peguform (SMP), respectively, which have now become major subsidiaries of s successful collaborations through joint ventures with global technology leaders have resulted in enhancing MSSL s capabilities as a full system solutions provider and in becoming a global Tier One supplier in several of our product categories.

8 Though SMIL primarily caters to automotive customers, its technical inputs and expertise have allowed MSSL to foray beyond the automotive sector and service a wide range of industries, including medical appliances, electronic equipment and is working consistently towards its vision of becoming a globally preferred solutions provider and one of the most trusted companies in the automotive ancillary industry. Our disciplined approach and customer-led expansion have helped us deliver increased content and value per car consistently, helping us grow and set higher goals every time.*As on 31st March Report 2014 - 2015 Grznar Marian works at our Neustadt plant and is involved in manufacturing of Motherson International Sumi Systems Limited8 Samvardhana Motherson Inter-national Limited (SMIL) is the principal holding company of the Samvardhana Motherson Group (SMG).

9 It holds of the equity share* capital of the flagship company Motherson Sumi Systems Limited (MSSL).SMIL is the brain and the incu-bator for the entire Group. The group s value creation philo-sophy serves as SMIL s intellec-tual capital, which helps build customer trust and expands the business. Its incubator capacity drives new busines-ses by integrating R&D, design and manufacturing solutions with a strong focus on quality and learning. SMIL leverages the value creation philosophy, incubator capacity and cus-tomers trust to unlock the potential hidden in the group s growth provides full system solutions to its customers in the automotive and related industries through its subsidi-aries and joint ventures with its 25 partners in the relevant fields.

10 It provides support, strategy and management not only to MSSL but also to all other companies within SMG, thus becoming the fulcrum of the group, which binds and manages the group s diff erent ventures and acquisitions. SMIL s joint venture capability and broad portfolio has streng-thened MSSL s position as a full system solutions provider across a range of industries, as it is especially capable of for-ging partnerships with global technological company is the nerve centre for the group and drives growth and value creation for investors by building synergies within the group. This is done in three ways: in-sourcing, sharing resources, and sha-ring services. SMIL s ability to source from within the group is an important factor for cost cutting, reliability, quality maintenance, and timeliness.