Early Life
Vivek Chaand Sehgal was born on February 1, 1957, in Delhi, India. He attended Birla Public School in Pilani, Rajasthan, and later earned a bachelor's degree from the University of Delhi. His family background in the jewelry and silver trade provided early exposure to business principles.
Rise to Success
In 1975, at the age of 18, Sehgal co-founded Samvardhana Motherson Group with his mother, Shrimati Swaran Lata Sehgal, initially in silver trading. The company transitioned to auto components manufacturing after facing challenges, forming a pivotal partnership with Sumitomo Wiring Systems in 1986. Under Sehgal's leadership, Motherson expanded globally, with strategic acquisitions and manufacturing facilities in over 40 countries.
Key Business Strategies
Sehgal focused on strategic partnerships and acquisitions to drive growth. He emphasized quality management and continuous improvement, expanding into new sectors like aerospace, health and medical, and technology. The company adopted a philosophy of "By Yourself, Beat Yourself," encouraging continuous improvement and innovation.
Philanthropy
Vivek Chaand Sehgal is known for his philanthropic work and has supported various educational and healthcare initiatives, as well as the arts through the Motherson Foundation.