V C Sehgal-led auto component maker Motherson Sumi closed its twenty-first acquisition on Monday by taking over French parts maker Reydel for $201 million. The deal takes the group bit closer to its target of $18 billion annual revenues by FY2020. Sehgal speaks to Ajay Modi on the group’s focus and shares his views on issues facing the industry.
PKC, the Finnish wiring harness maker Motherson acquired last year is beginning to see a double-digit revenue growth. Will we see PKC emerge stronger?
We are not a Midas touch company that can touch anything to turn it into gold. We