As Motherson Sumi's biggest customer Maruti is coming out of trouble, Vice Chairman Vivek Chaand Sehgal said that the company will deliver 40% return on capital employed (ROCE) as promised. Morover, he indicated that the car sales in Europe were not impacted by the prevailing uncertainties.
Speaking to CNBC-TV18, VC Sehgal, vice-chairman of Motherson Sumi, says that the sales for the company is ‘up phenomenally’ on a year-on-year basis for Q4. The company also has 11 major plants coming up this year, he says.