Vivek Chand Sehgal’s journey from selling silver to becoming the leader of Samvardhana Motherson Group, a global automotive parts manufacturer, is a true testament to perseverance, adaptability, and business acumen. Facing financial hardships early in his career, Sehgal made strategic decisions that transformed his company into a billion-dollar enterprise, earning him the title of Australia’s wealthiest Indian with a net worth of $5.5 billion.
Humble Beginnings and Early Struggles
Born on September 28, 1956, in Delhi, India, Sehgal came from a family of jewelers. He received his early education at Birla Public School in Pilani and later pursued undergraduate studies at Delhi University. Though his upbringing provided a solid educational foundation, it was his entrepreneurial spirit and relentless determination that set him apart.
In the early stages of his career, Sehgal started as a silver trader, selling one kilogram of silver at just Re 1. However, his journey was far from smooth. The financial challenges he encountered in his silver trading business pushed him to rethink his strategy and explore new opportunities.
The Turning Point: From Silver Trading to Automotive Parts
In 1975, Sehgal co-founded Motherson with his mother, Swarn Lata Sehgal. Initially, the company focused on silver trading, but mounting financial struggles forced him to pivot. Rather than accepting defeat, he made a bold decision to enter the automotive parts manufacturing industry—a move that would ultimately reshape his future.
With a keen understanding of market demands, Sehgal transformed Motherson Group into Samvardhana Motherson Group, which is now one of the world’s largest manufacturers of auto components. His vision and adaptability turned what was once a struggling business into a global powerhouse, supplying leading automobile manufacturers worldwide.
Global Success and Business Expansion
Under Sehgal’s leadership, Samvardhana Motherson Group has expanded its reach across multiple countries, establishing itself as a major supplier of critical automotive components. The company has secured contracts with top car manufacturers, solidifying its reputation as a key player in the industry.
This extraordinary transformation highlights how resilience, strategic thinking, and a willingness to take risks can lead to monumental success.
Vivek Chand Sehgal’s Net Worth and Achievements
As of January 2025, Vivek Chand Sehgal’s net worth stands at $5.5 billion. From earning just Rs 2,500 per month in the 1970s, he now leads a company generating annual revenues of Rs 1,05,600 crore ($12.7 billion).
His contributions to the business world have not gone unnoticed. In 2016, he was honored with the prestigious EY Entrepreneur of the Year Award for his remarkable achievements.
The Legacy of an Entrepreneurial Visionary
Vivek Chand Sehgal’s success story serves as an inspiration for aspiring entrepreneurs worldwide. His ability to navigate challenges, pivot strategically, and scale his business globally underscores the importance of perseverance, innovation, and adaptability in the entrepreneurial journey.
From a struggling silver trader to the head of a multi-billion-dollar empire, Sehgal’s journey is a powerful reminder that setbacks are not the end of the road, but stepping stones to greater achievements.