Moneycontrol PRO

business

Motherson Sumi eyes $5-5.5 bn revenues in FY13

After a hike in petrol prices, preference for diesel cars over petrol cars has seen an upside. Although, it is likely to affect petrol car manufacturers or auto parts suppliers, in an interview with CNBC-TV18, Vivek Chaand Sehgal, Vice Chairman of Motherson Sumi Group said that it will hardly affect their margins.

first published: Jun 8, 2012 03:40 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347