Noida, India 09th, August  2021: Motherson Technology Services Limited announced that it has been awarded as one of the ’10 Most Promising Automotive Technology Solution Providers – 2021‘ by CIOReviewIndia. The award was given after being evaluated by a panel of CIOs, VCs, analysts, and the CIOReviewIndia editorial team. Motherson Technology rich legacy in the automotive and manufacturing industry as part of the Motherson group, customer centricity and innovative solutioning approach to technology-led transformation were among the key reasons to be selected for the recognition.

The global automotive industry is positioned to grow rapidly to $18,500 million by 2025, growing at a CAGR of 10 per cent annually. The industry’s focus has evolved from providing fuel efficiency, stability, and security to implementing next-gen technologies like IoT, Digital and Analytics, etc to extract insights from the next generation of advanced and connected vehicles and enable intelligent decision making. Our expansive solution suite for the automotive industry helps the entire stakeholder value chain get access to insights faster and make smarter decisions with data-based insights.

“We thank CIOReviewIndia for this honourable recognition. The award is a validation of our dedicated competencies and solution offerings for the automotive industry. Motherson Technology Services will continue to work towards delivering and optimizing our solutions to meet the industry’s evolving requirements in our quest of being globally preferred solutions provider”, said Rajesh Thakur, CEO, Motherson Technology Services Limited on the recognition.

To know more about the recognition visit https://automotive.cioreviewindia.com/vendors/2021/1

About Motherson Technology Services Limited

Founded in 2000, Motherson Technology Services Limited is a joint venture between Motherson Group, India, and Sumitomo Wiring Systems Ltd, Japan (SWS). We are a trusted technology partner to over 200 clients spread across 41+ Global locations and have more than 20 years of experience in the areas of cloud, IoT, analytics, smart ERP customization, infra managed services, and application development & maintenance services. We continue to deliver innovative and meaningful technology solutions to businesses, enabling them to outpace the competition. Visit us at www.mothersontechnology.com.com, or connect with us on LinkedIn, Twitter, or Facebook.

Forward-Looking Statements

This press release may contain forward-looking statements. These forward-looking statements are made based on the current beliefs, expectations, and assumptions of the management of Motherson Technology, and are subject to significant risks and uncertainty. Readers are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Motherson Technology Services undertakes no obligation to update or revise these statements, whether as a result of new information, future events, or otherwise. Although Motherson Technology believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements.