The acquisition machine: Meet the man behind Motherson Sumi

Top-line vanity with bottom-line sanity is Vivek Chaand Sehgal's success mantra

 

MOTHERSON SUMI SYSTEMS (Vivek Chaand Sehgal, chairman)

Car parts maker and engineering group Motherson Sumi Systems Ltd  has agreed to buy Finnish truck wire maker PKC Group  for 571 million euros ($609 million).

"Combining the two companies will create a leading supplier of wiring systems and components for the worldwide transportation industry," PKC said in a statement.

Business Standard is republishing a part of this 2016 article on Vivek Chaand Sehgal, the man who set up Motherson Sumi:

In times when 'under-promise and