Ashish Dikshit appointed as MD of Aditya Birla Lifestyle Brands
Further, the Aditya Birla Lifestyle Brands board also approved the appointment of Vishak Kumar as Deputy Managing Director and Chief Executive Officer, it added.
Their appointments are with effect from May 1, 2025, subject to the regulatory and other necessary approvals, the filing said.
Dikshit has over 30 years of experience in diverse roles across industries and functions. He started his career at Asian Paints before moving to Madura Fashion and Lifestyle, where he worked in its various functions, ranging from sales, brand management, supply chain and sourcing over 15 years, the filing said.
He was appointed President of its Lifestyle (MFL) Business in 2007 and went on to become its CEO in 2012. In February 2018, he took over as the Managing Director of Aditya Birla Fashion and Retail Ltd.
He is an alumnus of IIT-Madras (Electrical Engineering), IIM-Bangalore (MBA) and Harvard Business School (Advanced Management Program). Read More Electric Pickup Trucks: Redefining Robust Rigs
Kumar was CEO of Madura Fashion & Lifestyle (MFL), a business unit of Aditya Birla Fashion and Retail Ltd.
He joined the Madura business in 1995 as a management trainee. During his 30-year-long stint, he has worked across functions and occupied various roles in sales, marketing and retail, the filing said.
Prior to his stint as CEO of Madura, he was the CEO of Aditya Birla Retail Ltd, where he was instrumental in transforming the 'More' Supermarket and Hypermarket business, it added.
READ SOURCE
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 days ago
- Yahoo
GM skips EVs to expand pickup, Escalade production in Michigan
GM skips EVs to expand pickup, Escalade production in Michigan originally appeared on Autoblog. According to recent reports by the Detroit Free Press and Reuters, General Motors further revealed new plans for a key facility that was initially intended to make electric vehicles. In a statement, the automaker said that it will move production of the Cadillac Escalade luxury full-size SUV to the Orion Assembly plant in Michigan, while also adding capacity for the gas-powered Chevrolet Silverado and GMC Sierra pickup trucks. Currently, the Escalade is produced at the Arlington Assembly plant in Arlington, Texas, alongside its mechanically related cousins, the Chevrolet Tahoe and Suburban, as well as the GMC Yukon and Yukon XL. According to the automaker, the added Silverado and Sierra production at Orion is intended to supplement existing production capabilities in Fort Wayne, Indiana. GM is set to expand gas-powered car production amid slumping EV demand The announcement comes about a month after General Motors announced multi-billion-dollar investment plans to support domestic auto manufacturing. On June 10, GM announced that it would invest about $4 billion over the next two years to support its U.S. manufacturing plants and efforts to produce gas and electric vehicles. Although the automaker did not specify how much money each plant would receive, it said that the $4 billion would help reconfigure facilities, including the Orion Assembly, the Fairfax Assembly plant in Kansas, and the Spring Hill Manufacturing plant in Tennessee, for future GM vehicles. Originally, Orion was set to be reconfigured for electric vehicle production; however, slowing EV demand triggered delays in restarting the plant. As a result, GM designated the Factory Zero electric vehicle plant in Detroit as the dedicated facility for manufacturing the Chevrolet Silverado EV, GMC Sierra EV, Hummer EV, and Cadillac Escalade IQ. Currently, the Orion assembly manufactures battery modules for full-size EV vehicles made at Factory Zero. In a statement to the Detroit Free Press, a GM spokesperson said that to keep up with customer demand, it will begin production of the gas-powered trucks and SUVs at Orion in 2027. 'GM will begin production of the Cadillac Escalade, as well as the Chevrolet Silverado and GMC Sierra light-duty pickups at Orion Assembly in early 2027 to help meet continued strong customer demand,' the GM spokesperson told Freep. 'GM is proud to call Michigan home, and these moves will further strengthen our manufacturing footprint.' New manufacturing plans come at a conscientious time for GM Although the details of General Motors' production decisions were announced when the automaker announced its multi-billion-dollar domestic manufacturing investment nearly a month ago, the timing could not come at a better time. Currently, the Trump administration's tariffs on vehicle imports are putting direct pressure on the auto industry, and his latest round of double-digit tariff threats is being directed at trade partners, including Mexico and South Korea, countries where the automaker makes some U.S.-market vehicles. Previously, GM indicated that these tariffs would cost the company between $4 billion and $5 billion this year, which prompted executives to revise GM's full-year earnings guidance. In addition, the recently signed "Big Beautiful Bill" contained provisions that eliminated fines for automakers failing to meet Corporate Average Fuel Economy (CAFE) rules, making it easier for automakers to build more gas-powered vehicles. According to a 2023 Reuters report, the National Highway Traffic Safety Administration (NHTSA) fined GM more than $128.2 million for failing to meet CAFE rules during the 2016 and 2017 model years. Final thoughts Pickup trucks and full-size SUVs are some of the most profitable and best-selling vehicles for General Motors. According to a slide deck on GM's website, the first half of 2025 was the best first half for both its pickups and full-size SUVs, while data seen by GM Authority shows that overall Chevrolet Silverado sales improved by 2.15%, with 283,812 of them leaving Chevy dealers from the beginning of the year. Though the Big Bill eliminates CAFE fines, it also contains provisions eliminating the $7,500 federal tax credit for electric vehicle purchases, which could dent General Motors' Equinox EV and Blazer EV sales numbers come September. We will have to wait and see. GM skips EVs to expand pickup, Escalade production in Michigan first appeared on Autoblog on Jul 16, 2025 This story was originally reported by Autoblog on Jul 16, 2025, where it first appeared.
CBS News
15-07-2025
- CBS News
GM to produce Cadillac Escalade, Chevrolet Silverado and GMC Sierra at Michigan's Orion Assembly plant
General Motors announced that three of its SUVs and pickup trucks will be built at Michigan's Orion Assembly plant. In a statement on Tuesday, July 15, the automaker confirmed that production of the Cadillac Escalade, the Chevy Silverado and the GMC Sierra will begin at the plant in early 2027 "to meet continued strong customer demand." "GM is proud to call Michigan home, and these moves will further strengthen our manufacturing footprint," the company said. The announcement comes a month after GM said it would invest $4 billion into three facilities, including Orion Assembly. At the time, the automaker said the facility would "begin production of gas-powered full-size SUVs and light-duty pickup trucks," but waited a month after to name the vehicles that would be built. The $4 billion investment also includes expansion of the Fairfax Assembly Plant in Kansas City, Kansas, and Spring Hill Manufacturing in Spring Hill, Tennessee. GM says the investment will allow the automaker to produce more than 2 million vehicles annually in the U.S. "We believe the future of transportation will be driven by American innovation and manufacturing expertise," GM CEO Mary Barra said in June. "Today's (June 10) announcement demonstrates our ongoing commitment to build vehicles in the U.S and to support American jobs. We're focused on giving customers choice and offering a broad range of vehicles they love." Michigan Gov. Gretchen Whitmer released a statement on Tuesday, saying, "GM and Michigan have a long, rich history. Today's product announcement in Lake Orion will bring production of some of GM's most popular and profitable vehicles, a sign of the long-term viability of this investment in Michigan. This is just the latest example of the progress we are making to create good-paying union auto jobs and grow the economy. The governor added, "We don't care what you drive—gas, diesel, hybrid, or electric—as long as it's made in Michigan. Together, let's keep bringing manufacturing home, growing the middle class, and making more stuff in Michigan." Note: The video above previously aired on June 11, 2025.
Yahoo
12-07-2025
- Yahoo
Nissan to supply cars to Honda in US, Nikkei says
TOKYO (Reuters) -Nissan is in talks to supply cars to Honda in the United States, which would let the struggling Japanese automaker put to use an under-utilised American plant, the Nikkei newspaper said on Friday, without citing sources. Nissan is considering making Honda pickup trucks at its Canton plant in Mississippi, which turns out models such as the Frontier, the paper said. After Nissan's talks to merge with Honda to form the world's third-largest automaker fell apart this year, the two said they would keep up an agreement to work together in areas such as electric vehicles. In a statement on Friday, Nissan said it had no additional updates, although it continued to work on projects with Honda. It said it would not comment on speculation. Honda officials were not immediately available for comment. Nissan reported a net loss of $4.5 billion in the financial year that ended in March, and has been badly hit by dwindling sales as it grapples with an ageing vehicle lineup. It faces debt of about 700 billion yen ($4.8 billion) coming due this year and its debt ratings have been cut to junk by all three major credit ratings firms. New CEO Ivan Espinosa has unveiled a sweeping cost-cutting plan that includes closing seven factories worldwide and a cut of 15% in the global workforce. Like other legacy automakers, Nissan and Honda face rising competition from Chinese players and difficulties stemming from U.S.-Japan trade talks over auto tariffs.
