Chairman of India’s biggest auto-component maker VC Sehgal says his company is doing a lot of work in helping companies protect the armed forces, but doesn’t believe in making bullets and guns. Diversification plans announced under Vision 2025 show aerospace, healthcare, IT and logistics as the new, non-automotive divisions.
At a time when corporate India is rolling up its sleeve to make the most of Atmanirbhar Bharat, especially in the field of defence, Vivek Chaand Sehgal, chairman of India’s biggest auto-component maker, Motherson Sumi, has decided to stay away from the pie.
The diversification plans announced under Vision 2025 by the Delhi-based company two days ago does not include defence as an area of focus. Aerospace, Healthcare, IT and Logistics are the new, non-automotive divisions formed by the company.
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