New Delhi: Mukund Vasudevan took over the positions of Managing Director, India, and President for the Industrial Region covering India and Southeast Asia (ISEA) at SKF, a global provider of innovative industrial solutions, on April 8, 2024.
With an extensive background in multinational corporations and industrial leadership roles, Mukund Vasudevan steps into his new responsibilities at SKF with a proven record of spearheading strategic transformations and driving profitable growth initiatives, the company said.
SKF, founded in 1907, is a world-leading provider of cutting-edge solutions for enhancing industrial competitiveness and sustainability. By pioneering products designed to optimize performance while reducing environmental impact, SKF empowers its clients to achieve heightened efficiency and longevity in their operational endeavours. The company’s comprehensive portfolio includes bearings, seals, lubrication management, condition monitoring, and an array of related services, the company said in a media release.
Operating in approximately 130 countries with a network of over 17,000 distributor locations, SKF reported annual sales totaling SEK 103,881 million in 2023, with a workforce exceeding 40,000 worldwide, the release added.