Greaves Cotton Limited, a diversified engineering company with a 165-year legacy, has appointed Parag Satpute as its new Managing Director and Group Chief Executive Officer. In this strategic leadership role, Mr. Satpute will be responsible for overseeing and driving growth across all core business verticals—Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Private Limited. His mandate includes spearheading the organization’s long-term vision of ‘Empowering Lives’ through innovation, efficiency, and expansion.
Bringing over 29 years of global experience in mobility solutions and manufacturing, Mr. Satpute joins from Bridgestone Mobility Solutions, where he served as President and Senior Vice President. He previously led Bridgestone India as Managing Director, orchestrating a comprehensive business transformation. Earlier in his career, he spent over two decades at Sandvik, eventually becoming Managing Director and Chairman of the Board (Subsidiaries) for India.
Mr. Satpute holds a Mechanical Engineering degree from Pune University and an Executive MBA from Warwick Business School.