Praj Industries appoints Ashish Gaikwad as Managing Director
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Praj Industries appoints Ashish Gaikwad as Managing Director

He brings over 34 years of professional experience in industrial automation and digitalization, industrial software applications, process technology and energy/renewable energy transition, AI and autonomous manufacturing

  • By ICN Bureau | January 31, 2025

Praj Industries Limited has announced the appointment of Ashish Gaikwad as an Additional Director and Managing Director of the company with effect from 3rd February, 2025 subject to approval of shareholders of the company.

Further, the tenure of Shishir Joshipura, CEO & Managing Director, will be completed on 30th June 2025. In order to ensure succession and smooth transition of this key position, the Board of Directors, at the same meeting, has also approved the appointment of Ashish Gaikwad as Managing Director with effect from 3rd February 2025 till 31st January 2030, subject to approval of shareholders of the company.

Gaikwad brings over 34 years of professional experience in industrial automation and digitalization, industrial software applications, process technology and energy/renewable energy transition, AI and autonomous manufacturing - the Future of Automation.

His last professional engagement was at Honeywell, where he spearheaded Honeywell Automation India Ltd., successfully for over seven years as its Managing Director. Ashish holds a Bachelor of Engineering (Honors) degree in Electrical & Electronics from Birla Institute of Technology & Science at Pilani, India.

Gaikwad began his career as an Automation and Process Control Engineer in Honeywell. Over the past three decades, he served at Honeywell in multiple roles of increasing responsibilities. Ashish has work experience in several geographies including India, Southeast Asia, Asia Pacific, and the USA. He has worked in various disciplines including project engineering/ delivery, strategy and business development, sales leadership, general management for profit centers, executive leadership, corporate governance, and board directorships.

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