Motherson Group concludes the sale of its 26% stake in AES India to T-Net.
Motherson Group has officially divested its 26% equity stake in AES India, offloading the interest to Japanese firm T-Net. The transaction marks a definitive exit for the Indian manufacturing conglomerate from the joint venture, as it seeks to streamline its capital allocation toward core automotive and manufacturing business lines.
For T-Net, the acquisition of the remaining stake serves to consolidate its operational control within the Indian market. By moving to sole ownership, the Japanese firm gains full autonomy over its strategic direction in the region, a common trend among international investors looking to secure long-term industrial footprints in India’s growing manufacturing sector.
This divestment reflects a broader trend among major industrial groups to rationalize portfolios by exiting non-core joint ventures. For Motherson, the move is consistent with a strategy of sharpening its focus on its primary automotive supply chain operations. The deal highlights the ongoing shift in the industrial component sector, where capital efficiency and core competency alignment are becoming the primary drivers of M&A activity.
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