JCB appoints Deepak Shetty as Deputy CEO & MD in India

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Deepak Shetty
Beginning next year, Shetty will take over as MD and CEO from Subir Kumar Chowdhury (61), who has announced his retirement after having been with JCB India for close to 15 years.

JCB Group appoints Deepak Shetty as Deputy CEO and MD in India

On Saturday, 8 Aug 2020, earthmoving and construction equipment major JCB Group announced the appointment of Deepak Shetty as Deputy CEO and Managing Director of JCB India Ltd.

Beginning next year, Shetty will take over as MD and CEO from Subir Kumar Chowdhury (61), who has announced his retirement after having been with JCB India for close to 15 years, the JCB group said in a statement.

Deepak has been with JCB for over 10 years in various leadership roles. He makes this transition after having been the Executive Vice President Sales, Marketing, Product Support, and Business Development for India and the South Asia region; a role he held for two years. Prior to this, he was the Managing Director of JCB’s Global Excavator business in the UK for four years.

Commenting on the appointment, JCB Group CEO Graeme Macdonald said, “India continues to be an important market for the Group. As part of our succession planning, we are pleased to appoint Deepak in this very challenging role.”

“His experience in various leadership positions in India and the UK will help JCB India enter a strong and sustained phase of growth in the Indian construction equipment market. On behalf of the JCB Group, I wish Subir well for his retirement at the end of this year” he added.

JCB India Limited is a leading manufacturer of earthmoving and construction equipment in India. The company started as a joint venture in 1979 and is now a fully owned subsidiary of J C Bamford Excavators, United Kingdom. With five state-of-the-art factories in India at Delhi-NCR, Pune and Jaipur, the company is an embodiment of the ‘Make in India’ program. Its Jaipur factory is also a gender diverse facility with over 30% of the employees on the shop floor being women.

JCB India has the widest dealer network in the Indian construction equipment industry with over 60 dealers and 700 outlets for world-class product support.

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