Greaves Cotton Appoints Parag Satpute as New MD and Group CEO
Published • 14 April 2025 at 4:01 PM
New MD & CEO for Greaves Cotton: Parag Satpute Joins
Greaves Cotton Ltd has appointed Parag Satpute as its new Managing Director and Group CEO, effective after the resignation of Arup Basu, whose term concludes on May 9, 2025. Satpute brings nearly 30 years of experience in the mobility and manufacturing sectors, having most recently served as President of the Fleet Business at Bridgestone Mobility Solutions. He was also the Managing Director of Bridgestone India, and spent two decades with the global engineering group Sandvik. In his new role, Satpute will lead the overall strategy and operations across Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Pvt Ltd. His focus will be on driving business growth, strengthening core operations, and expanding the company’s presence in key sectors. This leadership transition marks a significant step for Greaves Cotton as it continues to evolve and grow within the diversified engineering and technology landscape.
Parag Satpute Named New MD & CEO of Greaves Cotton
- Parag Satpute appointed as the new Managing Director and Group CEO of Greaves Cotton Ltd.
- He will assume the role after the resignation of Arup Basu, whose term ends on May 9, 2025.
- Satpute has nearly 30 years of experience in the mobility and manufacturing sectors.
- He previously served as President of the Fleet Business at Bridgestone Mobility Solutions.
- He was also the Managing Director of Bridgestone India.
- Spent two decades with global engineering group Sandvik.
- As MD & CEO, he will oversee Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Pvt Ltd.
- His focus will be on business growth, operational strengthening, and sector expansion.
- The move is seen as a strategic step in Greaves Cotton’s evolution in the engineering and tech space.
