Mumbai
₹ 13,835 /gm (1.30%)
Indian-Australian billionaire Vivek Chaand Sehgal, chairman and co-founder of the Samvardhana Motherson Group, is a prominent figure in the auto components industry. Born on February 1, 1957, Sehgal's entrepreneurial journey began with his mother in 1975, diversifying from silver trading to manufacturing automotive parts, facilitated by crucial partnerships, like the one with Sumitomo Electric. Winning the 2016 EY Entrepreneur of the Year Award in India, Sehgal's current net worth is A$4.20 billion, testament to his vast contributions to the industry.
September 28, 1956 in Delhi, India
69 years
Auto Parts
Automotive
Australia
Delhi
Bachelor of Arts/Science, Delhi University
Vivek Chaand Sehgal was born on 1 February 1957 in Delhi, India. He attended Birla Public School in Pilani, Rajasthan, and later earned a bachelor's degree from the University of Delhi.
Vivek Chaand Sehgal: Family
Vivek Chaand Sehgal is married and has two children. He resides in Delhi, India.
Vivek Chaand Sehgal: Career Highlights
Vivek Chaand Sehgal co-founded Samvardhana Motherson Group with his mother in 1975, initially in the silver trade. After a competitor's bankruptcy, the company shifted to auto components manufacturing. Sehgal formed a partnership with Sumitomo Electric and acquired eleven companies in twelve years. He served as managing director from 1975 to 1995 and then transitioned to chairman.
Vivek Chaand Sehgal: Companies
Vivek Chaand Sehgal is the chairman and co-founder of Samvardhana Motherson Group, an auto parts manufacturer.
Vivek Chaand Sehgal: Major Achievements
Under Vivek Chaand Sehgal's leadership, Samvardhana Motherson Group has grown into a global auto parts manufacturer with over 130,000 employees and operations in 41 countries. The company has joint ventures with several major automakers, including Ford, General Motors, and Volkswagen.
Vivek Chaand Sehgal: Awards & Achievements
Vivek Chaand Sehgal has received numerous awards and recognitions for his contributions to the automotive industry. In 2016, he received the EY Entrepreneur of the Year Award, India.
Vivek Chaand Sehgal: Personal Life & Legacy
Vivek Chaand Sehgal is known for his philanthropic work and has supported various educational and healthcare initiatives. He is also a patron of the arts and has established the Motherson Foundation to promote Indian art and culture.
Vivek Chaand Sehgal: Trivia
Vivek Chaand Sehgal is an avid golfer and enjoys playing the guitar.
Vivek Chaand Sehgal was born in Delhi, India.
Co-founded Samvardhana Motherson Group with his mother, initially in the silver trade.
Served as managing director of Samvardhana Motherson Group.
Transitioned to chairman of Samvardhana Motherson Group.
Received the EY Entrepreneur of the Year Award, India.
Forbes estimated Vivek Chaand Sehgal's net worth at US$3.7 billion.
Financial Review Rich List estimated Vivek Chaand Sehgal's net worth at A$4.20 billion.
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