In an interview to CNBC-TV18, Vivek Chaand Sehgal, Chairman of Motherson Sumi Group spoke about the latest happenings in his company and sector.
Electric engine is another option which is there for all the governments in the world to look at but for Motherson, it is a huge opportunity, he said.
Every single product of Motherson stands to benefit, he added.
If the government moves towards electric cars, it is great for Motherson. It is not going to affect our acquisition. That is always at the behest of the customer, said Sehgal.
We stay with our five-year plan, it says USD 18 billion on the topline, he further mentioned.
He expects Samvardhana Motherson Peguform (SMP) to add one billion dollars in revenue in the next two years.
For full interview, watch accompanying video...
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!