Hitachi India Pvt. Ltd appoints Bharat Kaushal as the Managing Director. He will be the first Indian to lead operations of Hitachi India. His appointment will be effective from 1st June 2017. He succeeded Kojin Nakakita, who is now Chairman of Hitachi India Pvt. Ltd. and Hitachi Asia Ltd.
Speaking on the appointment, Mr. Kojin Nakakita said, “The management at Hitachi unanimously believed in the decision of appointing an Indian to lead the company’s ambitious and challenging mandate. India is a strategic and emerging market for us. Bharat is ideally credentialed to drive Hitachi’s Social Innovation Business in India. We feel his experience in promoting cross-border business relationships between Japanese and Indian Government and companies is a unique leverage. We are extremely confident of Bharat’s leadership and pioneering vision and I will personally support him in driving our business to achieve unprecedented growth.”
In his new role, Bharat will lay emphasis on promoting Hitachi’s Social Innovation Business in India, which will focus on resolving issues faced by society and customers by combining advanced IT with operational technology (OT) and products/systems.
Commenting on his role, Bharat Kaushal, avers, “It is a privilege to be entrusted with the responsibility of leading a company with an iconic legacy. I will aim at aggressively expanding Hitachi’s Social Innovation Business by building on the core ethos of the company. I look forward to being part of an already winning team and taking Hitachi to new heights by contributing to the improvement of customers and the society.”
Overall, Bharat has over 25 years of industry experience with expertise in macroeconomic policy, mergers and acquisitions, project finance, debt restructuring and Government advisory.
He has worked with SMBC for 20 years. The majority of his career has been in investment banking and he has worked for projects like Strategy Advisor to the India Investment Center, Department of Economic Affairs, Ministry of Finance, and Government of India and as part of the Economic Policy Unit of the World Bank in Washington DC.
He is part of the Indo-Japan Task Force (IJTF) set-up by the two Governments and is the Convener of the Financial Strategy Group to address policy as well as operational level concerns of Japanese Government and private sector institutions pursuing business opportunities in India.