We don't do acquisitions to become number one, says Motherson Sumi chairman

Interview with V C Sehgal

The country’s biggest automobile component maker Motherson Sumi has grown through acquisitions to nearly Rs 45,000 crore in revenue. Last month, it announced the acquisition of Finnish wiring harness company PKC for Rs 4,150 crore, its biggest till date. V C Sehgal, chairman, Motherson Sumi, spoke to Ajay Modi on the acquisition, the business targets and opportunities. Edited excerpts:

How is PKC different from the rest of your acquisitions?

Every acquisition is unique. People generalise when they talk about acquisitions. PKC is very interesting for us because it is in wiring harness, which is our backyard. Whatever we have learnt