Schaeffler India Limited Appoints Harsha Kadam As Managing Director

Schaeffler India Limited has announced that the Board of Directors approved the appointment of Harsha Kadam as Managing Director for a period of 5 years. Mr. Kadam will assume office effective October 01, 2019 succeeding Mr. Dharmesh Arora who will take over as Regional CEO - the Asia Pacific and Executive Board Member, Schaeffler AG. Mr. Kadam joined the company in March 2018 as President, Industrial business, a role that he will continue to hold in addition to the MD role. Mr. Arora will remain a Director on the Board of Schaeffler India Ltd.

"We are very pleased to welcome Mr. Harsha Kadam as the new Managing Director. He brings with his strong knowledge and distinguished experience which will be vital as we continue our ambitious plans to grow in India and seize the opportunities this market has to offer. We also thank Mr. Arora for his exemplary leadership that culminated in the successful merger of all Schaeffler entities in India and the strategic development of Schaeffler India Ltd. We wish them both very best for their new and exciting roles", said Mr. Avinash Gandhi, Chairman of the Board of Directors, Schaeffler India Ltd.

In his previous assignments, Mr. Kadam was the CEO of AGI Glaspac (India) and held several positions of increasing responsibilities at SKF India. In a career spanning more than 25 years, he has led several businesses including functions like Sales, Manufacturing, Product Design and Development. He is the holder of several patents and has won global awards for innovation excellence. Mr. Kadam is a Mechanical Engineer with additional qualifications in business management.