
Mahindra & Mahindra, one of India’s most diversified industrial powerhouses, is fine-tuning its top deck. The Mumbai-based conglomerate announced a sweeping reshuffle in its senior leadership on Monday, aligning key business units under leaders with proven track records. As the automotive-to-agriculture group accelerates its ambitions for global scale and technological innovation, it is placing veterans at the forefront to steer its next phase of value creation.
In a statement released by the company, Hemant Sikka, President of the Farm Equipment Sector, has been named Managing Director and Chief Executive Officer of Mahindra Logistics (MLL), replacing Ram Swaminathan, who steps down to “pursue other professional interests.” “We believe that MLL has tremendous potential for growth and value creation, and we are committed to unlocking this potential,” the company stated.
Taking Sikka’s place in the Farm Equipment Business—one of Mahindra’s most profitable divisions, with a return on capital employed exceeding 60%—is Veejay Nakra, currently President of the Automotive Division. Nakra, who joined Mahindra in 1995, is credited with orchestrating a turnaround in the Auto Business, guiding successful vehicle launches, and driving international strategy. His appointment signals Mahindra’s intent to leverage his expertise to scale its global presence in tractors and agricultural machinery. Nakra will continue to report to Executive Director Rajesh Jejurikar.
Meanwhile, the automotive reins are being handed to R. Velusamy, previously Head of Automotive Technology and Product Development. In his new role as President of the Automotive Business, Velusamy will oversee Mahindra’s entire automotive portfolio, including its SUV and LCV segments, under a unified leadership model. “To prepare for a future driven by technological innovation and to lead opportunities for growth in domestic as well as global markets, we will now integrate the SUV and LCV (less than 3.5-tonne) businesses under one leader,” the company said. The aim: to drive synergy in engineering and go-to-market strategies.
Velusamy, a Mahindra veteran since 1996, has played a central role in developing world-class powertrains and spearheading both ICE and electric vehicle portfolios. He too will report to Rajesh Jejurikar.
Dr. Anish Shah, Group CEO and Managing Director, summed up the reshuffle with strategic clarity: “These leadership changes ensure that we have strong, proven leaders at the helm of our key businesses. Their experience will enable us to drive significant growth and create greater value for our customers and shareholders. We thank Ram for his contributions to the company, and wish Hemant, Veejay, and Velu the very best for the journey ahead.”
Way Forward
Mahindra & Mahindra’s reallocation of leadership capital is more than just a game of musical chairs—it is a carefully orchestrated move to consolidate gains and capture new markets. With technology, efficiency, and global expansion on the agenda, the company is banking on trusted hands to navigate the complexities of modern industry.
📰 Crime Today News is proudly sponsored by DRYFRUIT & CO – A Brand by eFabby Global LLC
Design & Developed by Yes Mom Hosting