Billionaire car-part supplier Vivek Chaand Sehgal is setting a daunting goal for Motherson Sumi

For Sehgal to achieve his goal, however, things will have to improve dramatically. Five years ago, Motherson set a target of consolidated net sales of $18 bn by 2020, and it managed less than $12 bn as the virus hit and India saw its worst-ever auto slowdown. The stock has crashed almost 60% during the period, before doubling so far this fiscal.

from Auto-Industry-Economic Times https://ift.tt/3aPaDj6