New Chairperson at Schaeffler India

Schaeffler India Ltd. announced the appointment of Sumithasri Eranti as the new Chairperson of the Board of Directors. With over 25 years of experience in business leadership, technology, consulting and the financial services industry, Eranti brings a wealth of knowledge and experience to her new role. She has held various roles in technology companies - global service portfolio leadership, CXO collaboration, P&L ownership, large account management, business consulting and product development. She possesses multicultural multicultural experience of living and working out of 11 countries including Germany, India, the USA, the UK and the Netherlands. Eranti has been an Independent Director of Schaeffler India Board since 2020. Eranti takes over as the Chairperson from Avinash Gandhi who retired after a two-decade stint.

Guruprasad Mudlapur will be appointed President of the Bosch Group in India and Managing Director of Bosch Limited effective July 01, 2023. Guruprasad’s new position entails responsibility for the strategic expansion and overall success of the company in the area. He will still serve as Chief Technology Officer (CTO) during this time. In his past roles, he has served as the Regional President and Managing Director at Bosch Automotive Electronics Pvt. Ltd. In a significant change of guard, Soumitra Bhattacharya will retire on June 30, 2023, after a nearly three-decade stint at the organisation. In 2017, he assumed the position of Managing Director of Bosch Ltd. and President of the Bosch Group in India. Before that, he served as the Chief Financial Officer (CFO) and Joint Managing Director. Sandeep Nelamangala will take over as the Joint Managing Director of Bosch Ltd. He is currently the Executive Director at Bosch Ltd. and Executive Vice President of Mobility Solutions at Bosch India.