Schaeffler Appoints Maximilian Fiedler as Asia Pacific CEO

15 Jan 2026 CW Team

Schaeffler recently announced the appointment of Maximilian Fiedler as Regional CEO, Asia Pacific, with effect from 1 January 2026. In his new role, he will also serve on the Executive Board of the Schaeffler Group, representing the Asia Pacific region.

Fiedler has been associated with Schaeffler since 2012 and has held several senior leadership positions across global markets. Since 2022, he has served as Chief Financial Officer for the Asia Pacific region and recently assumed the role of Regional CEO on an interim basis alongside his CFO responsibilities. His previous roles include Head of External Reporting for the Schaeffler Group and Chief Financial Officer for Schaeffler Mexico. Prior to joining Schaeffler, he worked as Treasury Manager at HeidelbergCement AG.

Klaus Rosenfeld, CEO of Schaeffler AG, said the company is confident that Fiedler’s leadership and commitment will help drive sustained success in the Asia Pacific region.

Fiedler said he looks forward to working closely with the regional teams to build on existing achievements, strengthen customer engagement and deliver long-term value for stakeholders across the region.

Real Estate

28 Feb 2026

Casagrand Launches Keystone In Tiruppur

Casagrand has launched Casagrand Keystone, a gated residential development at Rakkiyapalayam, off Avinashi Road, in Tiruppur. Spread across 2.2 acres, the B+G+5 structure comprises 142 units of 2 and 3 BHK homes, supported by 48 indoor and outdoor amenities. The project is introduced at a starting price of Rs 5,199 per sq. ft. The development allocates 1.3 acres to open space, including a central park of about 24,500 sq. ft. A 6,800 sq. ft. clubhouse includes a multipurpose hall, mini theatre and indoor recreation facilities. Other amenities include a 5,100 sq. ft. swimming pool, poolside par..

Premium homes account for half of India’s housing sales in 2025

Knight Frank India, in its latest report on India’s office and residential property market, has highlighted a significant shift in housing demand, with homes priced above Rs 10 million accounting for 50 per cent of total residential sales across the top eight cities in 2025. The findings underscore the growing dominance of premium housing in the country’s real estate landscape.Out of 348,247 residential units sold during the year, approximately 175,091 units were in the Rs 10 million-plus category, marking a 14 per cent year-on-year increase. The data reflects changing buyer preferences, w..

Xbattery launches XB-5K energy storage system for homes, offices

Xbattery, a Hyderabad-based deep-tech company specialising in next-generation energy storage and battery management technologies, has introduced its flagship XB-5K, a scalable 5kWh energy storage system designed for homes and offices in India.The XB-5K is built on the company’s indigenously developed BharatBMS platform, described as India’s first universal high-voltage battery management system architecture aimed at reducing import dependence and improving after-sales service capabilities. The launch comes as India seeks to strengthen domestic manufacturing and address reliance on imported..