New Delhi: Salil Kapoor has been named the next CEO of the consumer appliance business Hindware Home Innovation Limited, beginning July 11, 2023. Salil Kapoor will be in charge of the consumer business, which includes the water heater joint venture with Groupe Atlantic of France and the retail and consumer appliances divisions.
“His focus will be on fostering profitable and sustainable growth while elevating the company’s market position in line with the long-term objectives of the Group,” The business declared in a statement. Salil Kapoor has experience in market expansion, innovation, and developing strong client relationships; the company anticipates that he will boost Hindware Home Innovation’s position in the market as a significant player in its respective segment.
Salil Kapoor has previously collaborated with well-known companies like Voltas, LG Electronics, Samsung, Microsoft, and Dish TV. He was the Business Unit Head of the Appliances Business Unit of Orient Electric prior to joining Hindware Home Innovation.
“We are deeply committed to making Hindware Home Innovation a leading consumer appliance brand and offer our customers with high-end innovative products. He is an exceptional business leader with an excellent track record across multiple leading companies in the consumer good industry. His experience and profound understanding of the consumer appliance industry aligns well with our growth ambitions,” said Sandip Somany, Chairman and Managing Director, Hindware Home Innovation Limited.
Salil Kapoor, CEO, Hindware Home Innovation Limited, said, “I look forward to collaborating with the highly talented team and committed partners to leverage our collective strengths and further build on the company’s success, explore new avenues for growth, and deliver exceptional value to our customers and stakeholders.”
Salil Kapoor is an engineer who graduated from the faculty of Management Studies in New Delhi with a master’s degree. Additionally, he is a member of the board of directors of the ESSCI and the Executive Committee of the industry association Consumer Electronics and Appliances Manufacturers Association (CEAMA).
