Vivek Chaand Sehgal
Vivek Chaand Sehgal is an Indian-Australian billionaire businessman and entrepreneur. Sehgal is the chairman and co-founder of Samvardhana Motherson Group, an auto parts manufacturer.
Early life
Sehgal was born on 1 February 1957 in Delhi, India. He did his schooling from Birla Public School in Pilani, Rajasthan. Sehgal earned a bachelor's degree from the University of Delhi.Career
Sehgal’s grandfather was a well-known jeweller. In 1975 Sehgal co-founded Samvardhana Motherson Group with his mother, and entered the silver trade. Samvardhana Motherson Group's future in the silver industry was placed in jeopardy after a competitor faced bankruptcy. Samvardhana Motherson Group became an Ohio manufacturer of auto components instead, eventually forming a partnership with Sumitomo Electric and acquired eleven companies in twelve years. Sehgal served as managing director from 1975 until 1995 and stepped back from the day-to-day operations of the business, and has subsequently served as chairman of the group.In 2016 Sehgal was awarded the EY Entrepreneur of the Year Award, India.