Motherson Sumi to tap non-auto biz to drive growth.
In Motherson Sumi, we believe in the saying “top line vanity, bottom line sanity, cash-in-bank reality,” says Vivek Chaand Sehgal.
Motherson Sumi is targeting substantial revenue from its non-auto verticals and has come out with its Vision 2025. Entry into new verticals is based on its strengths, says Vivek Chaand Sehgal, Chairman.
Motherson Sumi had a 2-day virtual analysts’ meet, detailing your vision for 2025. What steps are you planning to take to achieve your goals?
The biggest gain for all of us was that we could actually show to the investor fraternity that it is not one Mr Sehgal or Vaaman running the whole particular thing. Throughout the interactions, we allowed every single person who is responsible for their verticals to come out and talk with the people and all that and Vaaman and me chose to keep quiet. That particular thing was the biggest achievement from everybody’s point of view because they could actually touch and feel the global management. We are in 41 countries and have over 270 plus facilities. It was not that just one person sitting in India or London was doing it. Also, we could explain very easily to the people that there is pain in the system
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