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Motherson to grow thrice to USD 36 billion mostly through takeovers: VC Sehgal

2 years ago Auto economictimes
Brushing aside the COVID-19 impact running into the third year, India’s largest auto parts maker Motherson Group is confident of achieving a combined revenue of USD 36 billion by 2025. The company has built four business verticals but expects automotive to contribute USD 27 billion and non-automotive USD 9 billion. V C Sehgal, Chairman, Motherson Group, in an exclusive interview with Nabeel A Khan, Editor, ETAuto, said the Japanese and the US markets are going to be the main business drivers. The company is also looking at options for inorganic growth. It will announce some acquisitions very soon. Read more at: economictimes

Tags : Motherson Sumi Systems Limited Vivek chaand sehgal Motherson2.0 interview indian automotive industry acquisitions

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