Vivek Chaand Sehgal net worth of $12.7 billion anchors this article delving into his journey as the visionary owner of Samvardhan Motherson Group a global automotive giant.
Vivek Chaand Sehgal Networth
Vivek Chaand is an Indian Australian Richest person. He is the owner of Samvardhan’s motherson group. And this is a billionaire who has crossed a net worth of $12.7 billion. Due to his leadership and hard work.
his company is transforming into India’s biggest auto parts manufacturer supplying likely interior trims to door panels.
In this article we are covering the biography of Vivek Chaand Sehgal let delve into this article and learn more about them and their success.
Earlier Life & Education
If we talk about his earlier life and education, he was born on February 1, 1957, in Delhi, India. His grandfather was a jeweler.
He finished schooling at Birla Public School in Pilani, Rajasthan, and after schooling, He completed their graduation from Delhi University.
Vivek Chaand became an Australian citizen in 1997.
Vivek Chaand Sehgal Networth: Vivek Chaand is a professional Businessman and a successful entrepreneur. Their overall net worth is Rs 480 crore.
Vivek Chaand Sehgal Networth in Rupees
Meet the 66-year-old mastermind behind the Motherson Group, a business empire valued at a whopping $12.5 billion! Born on September 28, 1956, in Delhi, India, he’s the richest Indian in Australia.
Vivek Chaand Sehgal’s commercial kingdom is worth around Rs 86,180 crore In Indian Rupees.
Vivek Chaand Sehgal’s Achievements
- Vivek Chaand Sehgal’s leadership at Motherson Sumi Systems has earned numerous industry awards, solidifying the company’s position as a leader.
- His strategic acquisitions and business decisions have gained recognition and praise in the business world.
- Beyond his professional success, Sehgal is actively involved in philanthropy, supporting causes that uplift the underprivileged.
- Despite his busy schedule, Sehgal prioritizes family, highlighting the importance of a healthy work-life balance.
- Sehgal’s dedication and strategic decision-making have elevated Motherson Sumi Systems in the automotive industry.
- His personal and professional contributions have made a lasting impact, inspiring entrepreneurs globally.
Vivek Chaand Sehgal Motherson Sumi
Rajesh Thakur, the dynamic leader at the helm of Motherson Sumi Infotech & Designs Limited as its Chief Executive Officer.
With a passion for innovation and a keen eye for business. The major clients of this company are Daimler, Volkswagen, Toyota, Audi, BMW, Ford, GM, Honda, Maruti Suzuki, etc
Journey of acquisitions by Motherson Group on leadership Vivek Chaand Sehgal
- Motherson Group bought the Irish wiring harness company Wecford Electronic in 2002
- It Acquired the UK-based company VisioCropo, which is known as a rear-view mirror manufacturer.
- It completely took over the German automobile interior manufacturer Peguform in 2011.
- It acquired Bombardier’s UK-based rolling stock electric component manufacturing company in 2019.
- This company has successfully acquired 41 companies since 2002 and expanded its presence in 41 countries.
READ ALSO: Binny Bansal Net Worth 2024 Reavling Journey.
Company overall Employments
This company is currently active with 135000 professional employees in 270 manufacturing facilities worldwide, Who work with this group becoming part of company improvement.
Motherson Internation Future Plans
- Learn how mind optimizes the SAP environment to boost the business ability of Crystal Crop.
- Modernized to unlock the potential of the cloud. It accelerates the cloud migration journey with MIND and AWS.
- Accelerated digital transformation facilita leading Indian car manufacturers to enhance validation for components leading to cost reduction.
- Unlock the benefit of the cloud with MIND to streamline your IT infrastructure to reduce cost and bring agility.
- Enabling businesses to create intelligent solutions by harnessing the power of data science and machine learning
Samvardhana Motherson International Share Price Today
Samvardhana Motherson International (SMIL) started trading at ₹116.25 and ended the day at ₹115.25. It reached a high of ₹117.3 and a low of ₹115.8.
The market value of SMIL stands at ₹79,080.84 crore. In the past year, Its highest price was ₹118.05, and the lowest was ₹61.84.
On the Bombay Stock Exchange (BSE), the trading volume for SMIL was 623,200 shares.
Marketing Capture of Samvardhan Motherson International Ltd
Motherson Group debuted in the public market in 1993. This group’s capture market value is Rs 781.33 billion in 2024. Which is make top revenue-earning group.
Samvardhana Motherson International Review
Dr. Philipp Ackermann Former German Ambassador Review
Dr. Philipp Ackermann Former German Ambassador Visited on 30 June 2023 in Samvardhana Motherson International Company.
“Recently, I visited MothersonTech, an Indian car supply manufacturer, at the invitation of Chairman Vivek Chaand Sehgal and his son Laksh Vaaman Sehgal. The company, led by this duo, is a key player in the automotive industry, known for its global reputation and satisfaction from German carmakers. The visit highlighted MothersonTech’s commitment to quality and its significant role as a trusted supplier in the automotive supply chain.”
Vivek Chaand Sehgal Son
Vivek Chaand is married and he has two sons. His son Laksh Vaaman currently is a director on both boards Samvardhana Motherson International and Motherson Sumi Wiring India.
Vivek Chaand Sehgal Daughter Name
Vivek Chand Sehgal is a big businessman in the automotive industry and has a son and a daughter. But there is no data available about his daughter. We will update as As Soon data becomes available.
Laksh Vaaman Sehgal
Laksh Vaaman Sehgal, an Australian entrepreneur, leads 5 different companies. Currently, He chairs SMR Plast Met Automotive Tec Turkey Plastik Imalat AS and serves as CEO of Samvardhana Motherson Peguform GmbH. With degrees from Boston University and Columbia University, his diverse expertise extends across 32 companies.
Laksh Vaaman Sehgal Networth
Chairman and co-founder Vivek Chaand Sehgal surprised everyone by appointing his 26-year-old son, Laksh Vaaman, as the new CEO of the struggling company.
Initially hesitant, Laksh successfully turned around the company’s fortunes, notably SMR’s business. His strategic leadership, especially during the global economic downturn, showcased his capabilities. Laksh Vaaman Sehgal’s net worth is not publicly available.
Conclusion
Vivek Chaand is one of the most successful businessmen and entrepreneurs in Indian- Australia. His dedicated work for the company is to provide a new direction and make the most revenue.
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