Exide names Avik Kumar Roy MD and CEO for three-year term
ECONOMY & POLICY

Exide names Avik Kumar Roy MD and CEO for three-year term

Exide Industries, one of India's leading storage battery manufacturers, has announced the appointment of Avik Kumar Roy as its Managing Director (MD) and Chief Executive Officer (CEO) for a tenure of three years. This strategic move is poised to steer the company through its next phase of growth and transformation.

Avik Kumar Roy brings with him a wealth of experience and expertise in the automotive and industrial sectors. His appointment is expected to further strengthen Exide's leadership team and drive innovation, operational excellence, and market expansion initiatives.

As the newly appointed MD and CEO, Avik Kumar Roy will be tasked with charting the strategic direction of Exide Industries, enhancing its competitive position, and maximizing value for stakeholders. His leadership will play a pivotal role in navigating the evolving market dynamics and capitalizing on emerging opportunities.

In a statement regarding the appointment, Exide Industries expressed confidence in Avik Kumar Roy's ability to lead the company towards sustainable growth and profitability. The decision to appoint him underscores the company's commitment to fostering leadership talent and leveraging diverse perspectives to drive business success.

Avik Kumar Roy's appointment comes at a crucial juncture for Exide Industries as it seeks to capitalize on the growing demand for energy storage solutions in India and international markets. With a focus on innovation and customer-centricity, the company aims to strengthen its position as a preferred partner for automotive, industrial, and renewable energy applications.

Furthermore, Exide Industries remains committed to driving sustainability and environmental stewardship through its product offerings and operations. Avik Kumar Roy's leadership is expected to reinforce these commitments and accelerate the company's efforts towards a greener and more sustainable future.

The appointment of Avik Kumar Roy as MD and CEO reflects Exide Industries' strategic vision and commitment to fostering leadership excellence. With his proven track record and strategic acumen, Avik Kumar Roy is well-positioned to lead the company through its next phase of growth and reinforce its position as a market leader in the energy storage solutions industry.

Exide Industries, one of India's leading storage battery manufacturers, has announced the appointment of Avik Kumar Roy as its Managing Director (MD) and Chief Executive Officer (CEO) for a tenure of three years. This strategic move is poised to steer the company through its next phase of growth and transformation. Avik Kumar Roy brings with him a wealth of experience and expertise in the automotive and industrial sectors. His appointment is expected to further strengthen Exide's leadership team and drive innovation, operational excellence, and market expansion initiatives. As the newly appointed MD and CEO, Avik Kumar Roy will be tasked with charting the strategic direction of Exide Industries, enhancing its competitive position, and maximizing value for stakeholders. His leadership will play a pivotal role in navigating the evolving market dynamics and capitalizing on emerging opportunities. In a statement regarding the appointment, Exide Industries expressed confidence in Avik Kumar Roy's ability to lead the company towards sustainable growth and profitability. The decision to appoint him underscores the company's commitment to fostering leadership talent and leveraging diverse perspectives to drive business success. Avik Kumar Roy's appointment comes at a crucial juncture for Exide Industries as it seeks to capitalize on the growing demand for energy storage solutions in India and international markets. With a focus on innovation and customer-centricity, the company aims to strengthen its position as a preferred partner for automotive, industrial, and renewable energy applications. Furthermore, Exide Industries remains committed to driving sustainability and environmental stewardship through its product offerings and operations. Avik Kumar Roy's leadership is expected to reinforce these commitments and accelerate the company's efforts towards a greener and more sustainable future. The appointment of Avik Kumar Roy as MD and CEO reflects Exide Industries' strategic vision and commitment to fostering leadership excellence. With his proven track record and strategic acumen, Avik Kumar Roy is well-positioned to lead the company through its next phase of growth and reinforce its position as a market leader in the energy storage solutions industry.

Next Story
Real Estate

Vikas Jain named President of NAREDCO Maharashtra NextGen

Vikas Jain, CEO of Labdhi Lifestyle, has been appointed President of NAREDCO Maharashtra NextGen, succeeding Ridham Gada, who now serves as Vice-Chairman. Jain, a first-generation developer and turnaround specialist, aims to steer the youth wing of NAREDCO Maharashtra through a finance-driven and tech-enabled growth phase. Under his leadership, the association will prioritise project financing, RERA compliance, technology adoption, and future-ready leadership. “It is an honour to lead NAREDCO Maharashtra NextGen. This platform empowers the next generation of real estate leaders,” Jain sai..

Next Story
Infrastructure Energy

TP Solar Crosses 4 GW Solar Output at Tamil Nadu Plant

TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) and the manufacturing division of Tata Power, has announced a major production milestone—crossing 4 GW of solar module output at its advanced facility in Tamil Nadu.As of 31 May 2025, the plant has cumulatively manufactured 4.049 GW of solar modules and 1.441 GW of solar cells. This milestone underscores the company’s growing role in supporting India’s clean energy transition and self-reliance in renewable energy manufacturing.Looking ahead, TP Solar is targeting 3.7 GW of solar cell output and 3.7..

Next Story
Infrastructure Urban

Aayush Art and Bullion Reports 1000 per cent Rise in FY25 Revenue

Aayush Art and Bullion Ltd (BSE: 540718), formerly AKM Creations Ltd, has announced its audited standalone financial results for H2 and the full financial year ending 31 March 2025, showcasing a sharp surge in both revenue and profitability. The company attributes this stellar performance to robust demand across its key verticals and strategic execution initiatives.For FY25, the company reported revenue of Rs 737.7 million, marking a 1,000 per cent year-on-year increase compared to Rs 73.3 million in FY24. Net profit for FY25 stood at Rs 18.1 million, a jump of 696 per cent over the Rs 2.6 mil..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?