Motherson Sumi eyes 25% revenue from non-automotive business in next 5 yrs

The company has recently received nod from the NCLT for the group's restructuring

India’s largest automotive manufacturing company Mother­son Sumi Systems (MSSL) is looking to expand business in four key non-automotive areas. These are aerospace, logistics, technology and industrial solutions and health and medical.

According to Laksh Vamaan Sehgal, group vice-chairman, MSSL, diversification into non-auto segments will help it leverage its strength of global presence, product design and development expertise. The company expects the new verticals to generate 25 per cent of its revenue by 2025. In the logistics space, the company has a joint venture with a Japanese premium car carrier.

“We spent the last five years thinking about where our strength areas are