Born on February 1, 1957 in Delhi, India, Sehgal is an Australian businessman and entrepreneur. In 2014, he was named in the Forbes list of billionaires at rank 659, with a net worth of $2.8 billion. In 1975, he cofounded the Samvardhana Motherson group, which manufactures auto parts, and currently serves as the group’s chairman. Motherson Sumi Systems is the flagship company of the group, established in 1986, and is a joint venture enterprise with Sumitomo Wiring Systems (Japan).
Sehgal’s grandfather was a well-known jeweler. At that time, the Hunt brothers were buying silver from around the world, and when he was 18 years old, Sehgal was earning a rupee for every kilo of silver he transported to the airport. He earned around Rs. 2500 per month. This was, as Sehgal has stated ‘more than what my father was getting from the government at that time’, a small fortune in those days.