Q1 Results: Motherson Sumi Not Looking At Layoffs In India, Says Chairman

Motherson Sumi is shutting some plants in India due to lower demand and order flows from carmakers, says Vivek Chaand Sehgal.

A worker assembles a mold at the Motherson Sumi Systems Ltd. (MSSL) injection molding plant in Noida, India. (Photographer: Brent Lewin/Bloomberg)

Motherson Sumi Systems Ltd. isn’t looking at layoffs in its workforce in India as it is preparing for a revival in the domestic automobile sector, said Vivek Chaand Sehgal, chairman at the auto parts maker, on Tuesday.

Also Read: Motherson Sumi Expects ‘Strong’ FY20 Despite Global Auto Slowdown

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