The Group expects 25% of its turnover will come from these new ventures in the next five years. The Motherson Group recently raised close to Rs 3000 crore to reduce debt and lower capital costs.
Auto component major Motherson Group is eyeing opportunities in the logistics space to distribute Covid-19 vaccines in the Indian market as part of its business diversification strategy.
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https://auto.economictimes.indiatimes.com/news/auto-components/motherson-group-looking-at-distributing-covid-19-vaccine-through-its-logistics-biz/79372971