Motherson to use auto capabilities to enter aerospace, medical devices

Motherson Group is building its next phase of growth around the automotive business while using the capabilities developed there to expand into new industries. Chairman Vivek Chaand Sehgal and Laksh Vaaman Sehgal, Vice Chairman of the group, said the move beyond auto components was driven by the limits of scaling within a single customer ecosystem.Laksh Vaaman Sehgal said the company deliberately chose not to compete with its own clients. “We will never come up with a Motherson car,” he said, explaining that increasing dependence on automakers would eventually cap growth. That led the group to re-examine its strengths and identify what it could replicate across sectors.

The conclusion was that the company’s real expertise lay in its operating platform — DEMAL, or design, engineering, manufacturing, assembly and logistics. “Automotive is not our core competence. DEMAL is our core competence. Can we take it to other industries?” Laksh Vaaman Sehgal said.
Using that model, Motherson has expanded into aerospace and consumer electronics and is entering medical devices. The group now supplies global aircraft manufacturers such as Airbus and Boeing and has built a presence in electronics components manufacturing. The healthcare push has already begun. “It’s already started. The first factory is already up, and we’re forging a lot of partnerships there as well,” he confirmed.

Also Read: Samvardhana Motherson eyes $108 billion revenue in 5 years as electronics, aerospace scale upA key advantage in these businesses is their international footprint. Less than 10% of Motherson’s revenue comes from India, with most production, sourcing and delivery spread across overseas markets, allowing the company to serve multinational clients across regions.

The group has set a target of reaching $108 billion in revenue by 2030. Vivek Chaand Sehgal said the figure reflects both ambition and company tradition. “You’ll have to ask about 200 executives of Motherson globally as to why they chose 108,” he said, adding, “A total of nine is lucky for Motherson.” Earlier milestones such as $18 billion and $36 billion followed the same pattern. “It’s imagination… But luck always helps, you know?” he added.

Despite missing a previous 2025 target partly due to the pandemic, the leadership remains confident. When asked whether the goal is achievable, Vivek Chaand Sehgal said, “Definitely. I think the options, the opportunities are there. We have to be the guys who are going to convert it.”