Meet Australia’s Richest Indian Who Started With Just Rs 2,500 A Month

Last Updated: February 03, 2025, 10:06 IST

Vivek Chand Sehgal, founder of Samvardhana Motherson Group, began with Rs 2,500 in the 1970s and currently leads a firm with yearly sales of Rs 1,05,600 crore. His total assets since January 2025 is $5.5 billion

Success is seldom attained without running into failing. The course to success commonly consists of problems and difficulties that examination a person’s willpower. Those that continue to be unfaltering when faced with difficulty, rejecting to be prevented by anxiety or dissatisfaction, are more probable to acquire their objectives. The assumption of immediate success, specifically in organization, is commonly impractical. It is via determination, picking up from problems, and keeping decision that people inevitably accomplish long lasting success.

Vivek Chand Sehgal, the most affluent Indian staying in Australia, symbolizes this concept. Sehgal is the founder of the Samvardhana Motherson Group (previously Madrasan Group). Beginning in the 1970s with a moderate regular monthly revenue of Rs 2,500, he currently helms a firm with yearly sales of Rs 1,05,600 crore.

Born in Delhi on September 28, 1956, Vivek Chand comes from a family members of jewelers. He took pleasure in a fortunate training and got an excellent education and learning. He participated in Birla Public School in Pilani and later on finished fromDelhi University Chand’s business trip started with silver trading, where he when offered a kg of silver for a simple Re 1.

In 1975, Vivek Chand, along with his mommy, Swarn Lata Sehgal, developed theMadrasan Company Initially participated in silver trading, business experienced a recession and dealt with the hazard of personal bankruptcy. Undeterred by this obstacle, Vivek chose to change equipments and endeavor right into a brand-new domain name: producing vehicle components.

Today, Vivek Chand Sehgal heads one of the most essential department of the Madrasan Group–Samvardhan Madrasan Group The firm has actually ended up being an international pressure in the automobile market, creating crucial vehicle components for several of the globe’s leading auto suppliers.

As of January 2025, Forbes quotes Vivek Chand Sehgal’s total assets to be $5.5 billion. In 2021, he safeguarded the 49th setting on Forbes’ checklist of India’s most affluent people. In acknowledgment of his considerable payments to business globe, he was honoured with the respected EY Entrepreneur of the Year Award in India in 2016.