Dharmesh Arora assumes a new position in addition to being president and CEO of the Schaeffler Group in India.
08 Mar 2017 | 7412 Views | By Autocar Pro News Desk
Dharmesh Arora has been appointed as the managing director of FAG Bearings India effective March 6, 2017. Arora is currently the president and CEO of the Schaeffler Group, a leading global integrated automotive and industrial supplier, in India (the parent company of FAG Bearings India), a position that he will ...
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Dharmesh Arora has been appointed as the managing director of FAG Bearings India effective March 6, 2017. Arora is currently the president and CEO of the Schaeffler Group, a leading global integrated automotive and industrial supplier, in India (the parent company of FAG Bearings India), a position that he will continue to hold.
He will also continue to be the managing director of INA Bearings India, another group company of Schaeffler in India. FAG Bearings India together with INA Bearings India and LuK India forms the Schaeffler Group in India.
Mr Arora replaces Rajendra Anandpara, who has decided to leave the company for personal reasons. “Mr Arora is a veteran of the automotive Industry having worked with Maruti Suzuki, General Motors and with the Schaeffler Group in various leadership positions across geographic regions of the world. We welcome him to this new position to steer the organisation to greater heights,” said Avinash Gandhi, chairman of FAG Bearings India. Mr Arora has been with the Schaeffler Group since 2012 leading the Group’s activities in India.
FAG Bearings India was set up in Vadodara, Gujarat in 1962. With sales of Rs 1,800 crore in 2016 and 1,528 employees, it is India's leading manufacturer of rolling bearings. The company’s plant is rated among the Group's most technologically advanced facilities and has global qualifications in terms of quality and productivity. Its bearings are highly preferred in domestic as well as various global markets that find wide-ranging applications from electric motors to wind mills, motorcycles to mining, tractors to textile machines, and from paper to steel mills.