Greaves Cotton appoints Parag Satpute as MD & Group CEO

  • Industry News
  • Apr 15,25
Satpute has over 29 years of experience in leadership roles in the mobility solutions and the manufacturing sector across global and domestic markets.
 Greaves Cotton appoints Parag Satpute as MD & Group CEO

Greaves Cotton Limited, a diversified, multi-product engineering company with a legacy of 165 years, is pleased to announce the appointment of Parag Satpute as its new Managing Director and Group Chief Executive Officer. In his new role, Satpute will oversee the strategy and operations of Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Private Limited. His responsibilities will include strengthening and growing these businesses and driving business growth in accordance with our purpose of ‘Empowering Lives’.

 

Satpute has over 29 years of experience in leadership roles in the mobility solutions and the manufacturing sector across global and domestic markets. He joins Greaves Cotton Limited from Bridgestone Mobility Solutions, where he served as the President of their Fleet Business. Prior to this role he was the Managing Director of Bridgestone India, leading a comprehensive business transformation for the organisation. Before Bridgestone, he also had a distinguished career at Sandvik stretching over 2 decades where he grew to the role of Managing Director and Chairman of the Board (Subsidiaries) for India. Satpute holds a Mechanical Engineering degree from Pune University and an Executive MBA from Warwick Business School.

 

Commenting on his new role, Parag Satpute, Managing Director & Group CEO, Greaves Cotton Limited said, "I am excited to join Greaves Cotton Limited at this pivotal moment in its journey. The company’s’ demonstrated legacy in empowering lives through sustainable and accessible solutions resonates strongly with me. I look forward to working closely with the team to advance this vision and drive strategic business outcomes."

 

Basis Dr Arup Basu’s resignation as a Managing Director of the Company, his employment contract will come to an end on the close of business hours of May 9, 2025.

Related Stories

Machine Tools & Accessories
India’s stainless steel demand rises 8% in FY25, says ISSDA

India’s stainless steel demand rises 8% in FY25, says ISSDA

India’s installed stainless steel production capacity currently stands at 7.5 million tonnes, with a utilisation rate of around 60%.

Read more
Electrical & Electronics
Saatvik Green begins construction for new solar manufacturing plant in Odisha

Saatvik Green begins construction for new solar manufacturing plant in Odisha

The facility is being developed on land sub-leased from Tata Steel Special Economic Zone Limited (TSSEZL)

Read more
Railways
Texmaco and Rail Vikas Nigam join forces to modernise India's rail infra

Texmaco and Rail Vikas Nigam join forces to modernise India's rail infra

Two companies plan to set up a state-of-the-art wheelset manufacturing unit to improve domestic supply chains and reduce import dependence.

Read more

Related Products

Tata Motors unveils facilities for development of Hydrogen propulsion tech

AUTO COMPONENTS & ACCESSORIES

Tata Motors, India?s largest automobile company, unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions. The unveilings constitute of Read more

Request a Quote

Tata Motors plans petrol powertrain for Harrier and Safari SUVs

AUTO COMPONENTS & ACCESSORIES

Tata Motors is in the process of developing a new petrol powertrain for its premium sports utility vehicles, the Harrier and Safari, as confirmed by a senior company official. Currently, these models Read more

Request a Quote

Electric Vehicle Charger

AUTO COMPONENTS & ACCESSORIES

RRT Electro is engaged in manufacturing of customized Power Electronic Products over two decades having capability to Design, Develop, Prototyping, Regulatory Compliance testing & Certification, Manuf Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016