Daily Press Mar 8, 2016 1:30 PM
Change at the top at thyssenkrupp India
Mumbai, March 08, 2016: Ravi Kirpalani will join thyssenkrupp India on the 14th of March 2016 and take charge as the CEO of the Regional Headquarters of thyssenkrupp India effective July 1, 2016. Indian-born, Kirpalani's last role was the Managing Director of Castrol India Ltd. Prior to joining thyssenkrupp he spent over 16 years at BP where he held a number of roles in India and in the UK. He will provide ongoing support for the strategic development of all thyssenkrupp’s business in India. He succeeds Dr. Michael Thiemann, who has been responsible for the region since May 1, 2013 and previously held various managementfunctions at thyssenkrupp Uhde GmbH over a period of more than 35 years, including member of the Management Board and CEO.
India is currently the third most important market in Asia for thyssenkrupp. In fiscal 2014/15 the Group generated sales of around €560 million in the country and employed almost 6,000 people at local companies. thyssenkrupp offers a broad range of products in India and manufactures many of our capital goods locally. thyssenkrupp India’s activities are coordinated at the Regional Headquarters in Mumbai.
About thyssenkrupp India
thyssenkrupp is a diversified industrial group with traditional strengths in materials and a growing share of capital goods and services businesses. Around 155,000 employees in nearly 80 countries work with passion and technological expertise to develop high-quality products and intelligent industrial processes and services for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2014/2015 thyssenkrupp generated sales of around €43 billion.
Together with our customers we develop competitive solutions for the challenges of the future in the areas Mechanical, Plant and Materials. With our engineering expertise we enable our customers to gain an edge in the global market and manufacture innovative products in a cost- and resource-friendly way. For us, technical progress and innovations, allied with the combined strength of the Group, are key factors enabling us to meet current and future customer and market requirements around the world, grow on the markets of the future, and generate strong and stable earnings, cash flows and value growth.