V. C. Sehgal
Sun pharma, Romania
Mr. V. C. Sehgal is the Chairman of Samvardhana Motherson Group (SMG). He established Motherson in 1975 with an approximate equity of USD 17 and started a cable and wire manufacturing unit in 1977. Today SMG is a USD 9.1 billion (approx.) Group present in 37 countries with over 230 facilities across the globe. Motherson Sumi Systems Limited (MSSL), the flagship company of the Group, is now one of the largest auto ancillary companies in India. The Group has a diversified product range covering wiring harnesses, rear view mirrors, integrated plastic modules, lighting systems and a wide range of modules and components. The Group today is one of the leading suppliers of rearview mirrors globally & the leading supplier of polymer modules in Europe along with market leadership positions in most of the other product verticals in India. Under the leadership of Mr. Sehgal, SMG has evolved as a leading full system solutions provider to the global automotive industry He is a visionary who has the ability of sighting opportunities for the benefit of the Group whether it be in the form of joint ventures or acquisitions. Today the Group has 24 JV partners for its various product ranges and has 19 successful acquisition to its credit. Mr. Sehgal was adjudged Man of the Year 2010 by Auto Car Professional Magazine. He received Ernst & Young Entrepreneur of the Year Award for manufacturing in 2012. He has been adjudged the Best CEO, 2013 for Auto Ancillaries by Business Today Magazine in India. He was adjudged as the "CEO of the Year 2015" by Business Standard. Under his guidance the flagship company of the group has been adjudged as the "Company of the Year 2014" by Business Standard and feature in Forbs Fab 50 Asia for 4 years in a row. He also received the Best CEO award in 2016 All Asia Executive Team Rankings for autos and auto parts sector by Institutional Investor Magazine. Recently Mr. Sehgal has been declared EY Entrepreneur of the Year 2016.