Schaeffler India Appoints Sumithasri Eranti as New Chairperson

Schaeffler Group, a leading global supplier to the automotive and industrial sectors, has announced the appointment of Sumithasri Eranti as the new Chairperson of its Board of Directors in India. With over 25 years of experience in business leadership, technology, consulting, and financial services, Ms Eranti brings a wealth of knowledge and experience to her new role. She has held various senior positions in technology companies and has lived and worked in 11 countries, giving her a rich multilingual experience. Schaeffler India looks forward to the new perspectives and leadership that Sumithasri Eranti will bring to the table in her new position.

Harsha Kadam, the Managing Director & CEO of Schaeffler India, also expressed his excitement about the new appointment. "Exciting times ahead! It is a proud moment for all of us at Schaeffler India and I am thrilled to share that Ms Sumithasri Eranti, has joined as Chairwoman of the Board of Directors in Schaeffler India Limited. I feel privileged as I write this update and look forward to continuing in our growth journey under Ms Eranti's leadership", said Harsha Kadam. He said that the company is looking forward to the next phase of growth under Sumithasri Eranti's leadership, especially as the company transforms towards digitalization, future mobility, and carbon neutrality. Harsha Kadam also acknowledged the retirement of Mr Gandhi, thanking him for his leadership and guidance over the years.

Sumithasri Eranti has been an independent director of Schaeffler India since 2020. The company is looking forward to the new perspectives and leadership she will bring to the board. Sumithasri Eranti expressed her gratitude and excitement for her new position, saying she is "humbled and honoured" to be appointed as Chairwoman of Schaeffler India. She also thanked the former Chairman, Avinash Gandhi, for his guidance and leadership over the years. "I am humbled and honoured to be appointed as Chairwoman of Schaeffler India. I thank Avinash Gandhi, our former Chairman and a legend in the industry, for his extraordinary guidance over the last decades. Schaeffler India has transformed and risen under his guidance", said Sumithasri Eranti.

Schaeffler is a leading global supplier in the automotive and industrial sectors, with over 75 years of experience in driving groundbreaking innovations in motion and mobility. With its focus on electric mobility, CO₂-efficient drives, Industry 4.0, digitalization, and renewable energies, the company is dedicated to making the motion and mobility more efficient, intelligent, and sustainable. Schaeffler India's appointment of Sumithasri Eranti as the new Chairperson of its Board of Directors is a significant step forward for the company. With her wealth of experience and the company's commitment to innovative technologies, products, and services, the future looks bright for Schaeffler India.

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