Home / Business and Economy / Motherson Eyes $108B Revenue by 2030
Motherson Eyes $108B Revenue by 2030
21 Feb
Summary
- Motherson Group aims for $108 billion revenue by 2030.
- The company posted $25.7 billion revenue in FY25.
- Expansion into drones, electronics, and medical equipment is planned.
Motherson Group is firmly on track to meet its ambitious revenue goal of $108 billion by 2030. Chairman Vivek Chaand Sehgal expressed confidence in achieving this target, noting that past challenges, such as the Covid-19 pandemic, had previously hindered progress.
The company reported a revenue of $25.7 billion in FY25. To achieve its future objectives, Motherson Group plans a substantial move up the value chain and diversification into new industries.
Beyond its traditional automotive sector, Motherson is expanding its footprint into consumer electronics and medical equipment. The group is also exploring the manufacturing of parts for drones, recognizing their growing importance in both private and public sectors.
Vice Chairman Laksh Vaaman Sehgal highlighted the strategic shift towards consumer electronics, with the company's largest factory now dedicated to this segment. This represents a significant change in the group's operational focus.
