Auto components giant Bharat Forge has announced the promotion of Amit Kalyani, son of Chairman and MD Babasaheb N Kalyani, as Vice-Chairman and Joint Managing Director. The decision was approved during the company’s board meeting on April 3, 2024, signaling a strategic move in leadership.
Elevation and Re-appointment
Amit Kalyani, currently serving as Joint Managing Director, will assume the role of Vice-Chairman and Joint Managing Director for a further term of five years starting from May 11, 2024, until May 10, 2029. This re-appointment underscores the company’s confidence in his leadership abilities and strategic vision.
His journey at Bharat Forge began in 1999, initially focusing on operations and manufacturing. Over the years, he transitioned into roles involving IT, Finance, and strategic planning, showcasing his versatility and comprehensive understanding of the business landscape.
Key Contributions and Milestones
Amit Kalyani’s tenure at Bharat Forge has been marked by significant milestones and contributions. He was appointed Deputy Managing Director in 2019, followed by his elevation to Joint Managing Director in 2023, highlighting his progressive leadership trajectory within the organization.
As Executive Director since May 2004, he has played a pivotal role in shaping the company’s strategic direction, overseeing crucial acquisitions, and spearheading initiatives to diversify the business into new ventures. His strategic acumen and operational expertise have been instrumental in driving Bharat Forge’s growth and expansion.
Future Outlook
With his extensive experience and proven track record, Amit Kalyani’s promotion to Vice-Chairman and Joint Managing Director positions Bharat Forge for continued success and strategic advancement in the competitive auto components sector. His leadership will play a pivotal role in steering the company towards achieving its long-term goals and maintaining its position as a leading player in the industry.
