Campaign India Team
Sep 06, 2019

Nissan India appoints Rakesh Srivastava as MD

Srivastava has worked at Hyundai and Maruti Suzuki in the past, and joins Nissan after completing his recent stint at the JSW Group.

Nissan India appoints Rakesh Srivastava as MD
Nissan India has confirmed the appointment of Rakesh Srivastava as its new managing director. Srivastava will report to Sinan Ozkok, president of Nissan India Operations. 
 
Srivastava joins Nissan from one of India’s largest conglomerates, the JSW Group, where he worked as director in charge of electric-vehicle development since October 2018. Prior to his JSW stint, Srivastava held senior management positions at Hyundai India and Maruti Suzuki.
 
Ozkok said, “I am pleased to welcome Rakesh to the Nissan India team. With his rich experience and deep understanding of the Indian market, I am confident he will strengthen our sales and marketing functions and successfully deliver our customer-centric strategy.”
 
Srivastava said, “I am excited by the opportunity to build and strengthen Nissan operations for our customers, partners and employees in India. Nissan is an iconic global brand and its leadership in technology and innovation will be a key driver and differentiator towards delivering value and aspiration to our customers in this competitive market.”
 
Srivastava, who has over 22 years of experience in the Indian automobile industry, will have his task cut out for him at Nissan India. The Japanese carmaker, which has been in India for a decade, currently has a minuscule 0.73 percent market share (April-July 2019). For the first four months of FY2020, Nissan has sold just 6,657 units (-50.35 percent) in the domestic market. However, it is faring much better on the export front, with shipments of 18,528 units (+22.26 percent).
 
(This story first appeared on autocarindia.com.)
Source:
Campaign India

Related Articles

Just Published

11 hours ago

South Korea fines Meta $15 million over data breach

Meta faces the multi-million dollar penalty for funnelling sensitive user data to advertisers, as South Korea tightens its privacy laws.

11 hours ago

Amazon India launches Creator Central to streamline ...

The platform will roll out to over 50,000 content creators in the Amazon Influencer Program in the coming weeks.

12 hours ago

Phyllis Project: Attempting to rewrite the script ...

The initiative aims to reshape DEI in APAC, empowering women to thrive in advertising through mentorship, community, and practical training.

13 hours ago

Skoda India banks on localised marketing to ...

The automobile company will focus on localisation with a digital-first approach to establish an emotional connection with consumers for the newly launched vehicle.