We attended the Analyst Meet of Motherson Sumi Systems Ltd, where the management reiterated its confidence about achieving its 5-year revenue and profitability targets, probably before 2020. The company is evaluating large acquisition opportunities, which could help it to achieve the massive 2020 revenue target. Organic growth is expected to remain robust underpinned by: 1) market share gains and higher content/vehicle across segments, 2) healthy order book of EUR15bn in SMRPBV and 3) increased production, with 10 plants at different stages of completion. Diversifying revenue mix on the back of order wins from Daimler/others and acquisition of...