Praj Industries, a global leader in bioeconomy solutions, is pleased to announce the appointment of Ashish Gaikwad as Managing Director-Designate, effective February 3, 2025. This transition marks a significant milestone in the company’s growth journey.Gaikwad will succeed Shishir Joshipura, CEO & MD, who will complete his tenure on June 30, 2025. To ensure a seamless transition, Mr. Gaikwad will work closely with Mr. Joshipura and the leadership team over the coming months, ensuring continuity of Praj’s strategic priorities. Gaikwad brings over 34 years of experience in industrial automation, digitalization, process technology, renewable energy transition, artificial intelligence, and autonomous manufacturing. He holds a Bachelor of Engineering (Honors) in Electrical & Electronics from BITS Pilani, India. Before joining Praj Industries, he successfully led Honeywell Automation India Ltd. as Managing Director for over seven years. Throughout his career at Honeywell, he held diverse leadership positions spanning India, Southeast Asia, Asia Pacific, and the USA, with expertise in project engineering, sales leadership, strategy, business management and corporate governance.Commenting on the appointment, Dr. Pramod Chaudhari, Founder Chairman of Praj Industries, said: We are delighted to welcome Mr. Ashish Gaikwad to Praj Industries. His deep industry expertise and global leadership experience will be instrumental in driving our innovation-led growth strategy. Under his guidance, Praj will continue to advance its vision of a sustainable bioeconomy.