Dharmesh Arora has been appointed as the managing director of FAG Bearings India Limited effective March 6.
Arora is currently the president and CEO of Schaeffler Group in India, parent company of FAG Bearings India Ltd, a position that he will continue to hold.
He will also continue to be the managing director of INA Bearings India Pvt Ltd, another group company of Schaeffler in India.
Arora replaces Rajendra Anandpara, who has decided to leave the company for personal reasons.
"Mr. Arora is a veteran of Automotive Industry having worked with Maruti Suzuki, General Motors and with Schaeffler Group in various leadership positions across geographic regions of the world. We welcome him to this new position to steer the organization to greater heights" said Avinash Gandhi, chairman of FAG Bearings India Ltd.
Arora has been with Schaeffler Group since 2012 leading the Group's activities in India.
FAG Bearings India Ltd together with INA Bearings India Pvt Ltd and LuK India Pvt Ltd forms Schaeffler Group in India.
FAG Bearings India Ltd, was established at Vadodara, Gujarat in 1962. With sales of Rs 18 billion in 2016 and 1,528 employees, it is India's leading manufacturer of rolling bearings.
