Motherson Group to invest USD 400 Million in the Kingdom of Saudi Arabia

Motherson Group recently signed an MoU with the Ministry of Investment, Kingdom of Saudi Arabia (MISA), to identify investment and development opportunities for industrial and service activities in the country. V C Sehgal, chairman of the company says he is planning to invest close to USD 400 million, but with the participation of the Saudi government itself. The other exciting thing is that it will happen in KAEC (King Abdullah Economic City) which is on the Mount of the Suez Canal. It also augurs very well, because the companies here can export to Europe, ships can be there in seven or eight days. So, we are really excited over this. In the next five-year plan that we will have, you will see Saudi as a centre, and UAE also, because we are working very hard there, he said in an exclusive interview with Nabeel A Khan, Editor of ETAuto.
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[@rajatbatradelhi]

MANAGEMENT SEEMS VERY POSITIVE ABOUT THE FUTURE . Great OPPORTUNITY TO INVEST AT THIS PRICE POINT IN THIS COMPANY

[@derekdsouza8631]

Hopefully

[@ditmarmarquardt-mk9de]

Look the eyes to Brazil. congratulations forever