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Hemant Sikka is President of the Farm Equipment Sector of Mahindra & Mahindra Ltd and a member of Group Executive Board. He also oversees the PowerolGenset Business. Hemant also serves on the boards of several group companies.
Mahindra is a USD 20.7 bnfederation of companies based in Mumbai, India, that employs more than 240,000 people in over 100 countries. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company; by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defense, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses.
Prior to this Hemant was President-Chief Purchase Officer and managed a spend of Rs.35,000Crs for the Auto & Farm Sectors and led the business of Genset & Spares. He was earlier Head Purchase - SsangYong Motors, South Korea, a group subsidiary of Mahindra and played a key role in the purchasing domain by building strong business relationships with Korean suppliers and led the SsangYong purchase team in significantly reducing material costs.
Before his assignment in SsangYong Motors, Hemant was Head Manufacturing - Automotive Sector. He focused on workmen involvement in improving quality and concluded long term wage agreements with workmen unions.
Previously spent 9 years with automobile company,Maruti Suzuki.
In 2013, he has been awarded the Procurement Excellence Awardat the maiden Procurement Leaders Asia Pacific Awardsin Singapore.
Hemant enjoys sports and watching movies. He lives in Mumbai with his wife and two daughters.