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Questions across 2 calls

Vivek Chaand Sehgal

Firm not listed in source transcripts

Samvardhana Motherson International Limited

Samvardhana Motherson International Limited CC-Mar24.pdf · 2024-05-29
Kunal, can you take this?
I think we’ve guided you in 2021 with a 5-year plan – It was in ‘19-‘20. And we had set a target of $36 billion. That’s the kind of range that we are talking about. We have enough to qualify the difference between $36 billion and today’s target, whichever you take it. So please be sure that we will not let our egos take over. It has to be customer directed. Customer is very important for us. And we have the trust of the customer. So depending upon the volatility and the other factors which are there in the world today if you will look at the VUCA world. But I think there will be enough opportunity for us to make sure that we cross our target and as well be of huge, immense help to the people in those particular acquisitions and, of course, the customer. So we don't really get carried away by a particular size or quality of the assets. We believe that together with the customers, we have to work to make sure that this particular thing is achieved. And if the customer is happy, then definitely all our divisions, all our companies actually benefit because there's less stoppage of production and things like that. So it's a huge philosophy that we follow. This is the sixth 5-year plan. And very difficult to guide -- I can't tell you what is happening. So all I can say is wherever the thing will be, it will be related to the customer. And the ability of Motherson is we are not Gods or anything like that. We work together to solve the problem of the three of us; the customer, the company and Motherson. So I hope that would answer it. But further than that, we can't give any colour or give, let's say, names or anything like that or the division where it will happen. But a lot of opportunities customers calling up all the time, telling us what to do. So we will keep evaluating that. And the results will come to you.