CG Power Names Amar Kaul as New MD & CEO
10 Jul 2024
2 Min Read
CW Team
CG Power and Industrial Solutions has appointed Amar Kaul as its new Managing Director and CEO. Kaul, an industry veteran with extensive experience in the power and industrial sectors, will lead the company's strategic initiatives and operations.
Kaul takes over from Ashish Agrawal, who served as the interim CEO. The board of directors expressed confidence in Kaul's leadership, citing his track record of driving growth and innovation. Kaul's appointment is part of CG Power's broader strategy to strengthen its management team and enhance its market position.
Amar Kaul brings over 25 years of industry experience, having held senior leadership roles in various reputed organisations. His expertise spans across business development, operational excellence, and strategic planning, which are expected to be instrumental in steering CG Power towards achieving its long-term objectives.
CG Power, a leading player in the electrical and industrial equipment sector, has been focusing on expanding its product portfolio and enhancing its technological capabilities. The company aims to capitalise on emerging opportunities in the renewable energy and smart grid segments, areas where Kaul's experience and insights will be particularly valuable.
In his new role, Kaul will oversee the company's operations, drive strategic growth initiatives, and foster innovation. His leadership is expected to guide CG Power in navigating the evolving market landscape and addressing the dynamic needs of its customers.
The board thanked Ashish Agrawal for his contributions during his tenure as interim CEO and expressed optimism about the future under Kaul's leadership. Kaul's appointment marks a significant step in CG Power's journey towards sustained growth and market leadership in the power and industrial solutions sector.
CG Power and Industrial Solutions has appointed Amar Kaul as its new Managing Director and CEO. Kaul, an industry veteran with extensive experience in the power and industrial sectors, will lead the company's strategic initiatives and operations.
Kaul takes over from Ashish Agrawal, who served as the interim CEO. The board of directors expressed confidence in Kaul's leadership, citing his track record of driving growth and innovation. Kaul's appointment is part of CG Power's broader strategy to strengthen its management team and enhance its market position.
Amar Kaul brings over 25 years of industry experience, having held senior leadership roles in various reputed organisations. His expertise spans across business development, operational excellence, and strategic planning, which are expected to be instrumental in steering CG Power towards achieving its long-term objectives.
CG Power, a leading player in the electrical and industrial equipment sector, has been focusing on expanding its product portfolio and enhancing its technological capabilities. The company aims to capitalise on emerging opportunities in the renewable energy and smart grid segments, areas where Kaul's experience and insights will be particularly valuable.
In his new role, Kaul will oversee the company's operations, drive strategic growth initiatives, and foster innovation. His leadership is expected to guide CG Power in navigating the evolving market landscape and addressing the dynamic needs of its customers.
The board thanked Ashish Agrawal for his contributions during his tenure as interim CEO and expressed optimism about the future under Kaul's leadership. Kaul's appointment marks a significant step in CG Power's journey towards sustained growth and market leadership in the power and industrial solutions sector.
Next Story
Dassault To Build Falcon Jets In India With Reliance
Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..
Next Story
INDEA Lays Foundation for India’s First Auto Design School
The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..
Next Story
Karnataka Launches Global Innovation Hub at Airport City
The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..