Trade War Will Not Impact Next Year’s Revenue Target, Says Motherson Sumi
Auto-parts maker Motherson Sumi Systems Ltd. said an escalating trade war between the U.S. and China will not have an impact on the company’s revenue target for the next financial year.
The company plans to clock $18 billion revenue through the financial year ending March 2020.
“We believe that such disruptions are temporary and achieving our revenue forecast of $18 billion will not be impacted,” Chairman Vivek Chaand Sehgal told BloombergQuint in an interaction.
Watch the full conversation here: