Schaeffler India Limited Appoints Harsha Kadam as Managing Director, Effective October 01, 2019
July 24, 2019 at 11:59 am IST
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Schaeffler India Limited 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 - 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. 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.
Schaeffler India Limited is an India-based automotive and industrial component supplier. The Company provides components and systems for engine, transmission, and chassis applications for hybrid, electric, and combustion-engine-powered vehicles. The Companyâs segments include Automotive Technologies, Automotive Aftermarket, Industrial, and Exports & Others. The Automotive Technologies segment develops products using sustainable technologies for passenger and commercial vehicles, tractors, and off-highway segments. The Automotive Aftermarket provides data-driven services and plug-and-play solutions for transmission, engine, and chassis systems. It also includes three brands, such as LuK, INA and FAG. The Industrial segment offers a portfolio of bearing solutions, ranging from high-speed and high-precision bearings with small diameters, to large-size bearings, several meters wide. The Exports & Others segment includes exports to group companies and scrap sales.