11 months ago
Motherson Group Eyes Car Assembly If Customers Demand
Imagine a company called Motherson that makes parts for cars.
The boss, Mr. Sehgal, says they're ready to start building whole cars!
But only if their customers ask them to.
This company has grown a lot, from a small business to a huge one.
They are always looking for new ideas and ways to grow.
They also focus on making things locally in many different countries, so they are prepared for any problems with global trade.
They prefer buying other companies to get new technology and skills.
Mr. Sehgal says they're always ready for what's next, in cars, airplanes, or even making computer chips!
Samvardhana Motherson Group is considering car assembly if there is customer demand.
The group's entry into car assembly would be customer-led, not speculative.
The company has grown significantly since 1995, with current turnover at $25.7 billion.
Motherson's strategy includes local manufacturing in 44 countries to avoid high exports.
The company prefers acquiring other businesses to gain new technologies and markets.
- Who
- Vivek Chaand Sehgal, Chairman of Samvardhana Motherson Group
- What
- Sehgal stated the company is prepared to enter car assembly if customer demand exists.
- Where
- Not explicitly stated.
- When
- Not explicitly stated, but in the context of the company's current operations and future planning.
- Why
- To expand the company's offerings based on customer demand.
Key facts
- Chairman
- Vivek Chaand Sehgal
- Company
- Samvardhana Motherson Group
- Turnover (1995)
- $2.4 million
- Current Turnover
- $25.7 billion
- Countries of Operation
- 44
- Plants
- Over 450
Quotes
Vivek Chaand Sehgal
Chairman of Samvardhana Motherson Group
“We can assemble machines and components, we can assemble a car—why not?”
CNBC TV 18
“The idea is to dream with eyes open and then go for it”
CNBC TV 18



