Mahindra Group has announced significant senior leadership changes across its businesses, promoting seasoned internal leaders to strategic roles, effective over the coming months.
These appointments reflect the Group’s commitment to nurturing internal talent and strengthening leadership for future growth.
Hemant Sikka to Lead Mahindra Logistics as MD & CEO
Hemant Sikka, currently serving as President – Farm Equipment Sector (FES), will take over as Managing Director & CEO of Mahindra Logistics Ltd (MLL) on May 5, 2025.
He will succeed Ram Swaminathan, who has decided to step down to pursue other professional opportunities.
Sikka’s appointment highlights Mahindra’s focus on leveraging proven leaders with deep institutional knowledge to drive transformation and value creation.
Veejay Nakra and R. Velusamy Take Charge of Key Business Divisions
Veejay Nakra, currently President of the Automotive Division, will step into the role of President – Farm Equipment Business (FEB). FEB is among the Group’s most successful and profitable segments.
Nakra, who joined Mahindra in 1995, has played a pivotal role in reviving the Auto business, strengthening manufacturing capabilities, and driving the global growth strategy.
He will continue to report to Rajesh Jejurikar, Executive Director & CEO of the Auto and Farm Sectors.
R. Velusamy, President – Automotive Technology and Product Development, will take over as President – Automotive Business (AB).
In line with Mahindra’s strategy to accelerate innovation and integrate operations, the SUV and LCV (under 3.5 tonne) businesses will be unified under Velusamy’s leadership.
A Mahindra veteran since 1996, Velusamy has been instrumental in building world-class powertrains and leading the development of successful ICE and electric vehicle platforms. He will also continue to report to Rajesh Jejurikar.
Commenting on the changes, Anish Shah, Group CEO & Managing Director, Mahindra & Mahindra, stated, “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.”
The strategic realignment aims to enhance agility, streamline operations, and prepare Mahindra to capitalize on emerging opportunities in both domestic and international markets, especially as the Group continues to invest in technology, innovation, and sustainability.
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