Shalimar Paints has named Harcharan Singh as its new chief information officer (CIO). He has worked for a variety of organizations throughout the course of his more than 20-year career, including Blackberry, Devayani International Limited, Alchemist, Care, and Hyatt Group of Hotels & Resorts. Most recently, Singh served as VP-IT for Devayani International.
A N Turner and A N Wright, two Britishmen, founded the Shalimar Paint Color & Varnish Company in Howrah, West Bengal, in 1902. The company established a sizable manufacturing facility in Howrah in the same year, the first one of its kind in all of Southeast Asia, according to the company’s website.
The paints firm, which currently has its corporate office in Gurugram, is present throughout all of India thanks to its four manufacturing facilities, which are situated in Howrah, Nasik, Sikandrabad, and Chennai, as well as regional distribution centers, over 49 depots, and an R&D facility.
Ashok Jade, the previous CIO of the firm, who held the position from December 2013 to February 2020, moved to Spark Minda, a prominent player in the global automotive sector and a manufacturer of automotive components.
To strengthen its overall marketing, finance, human resource, technology, and manufacturing domains, the company also announced the appointments of Kuldip Raina as director of sales and marketing, Sanjeev Gupta as director of research and development, and Rakesh Gupta as director of manufacturing in addition to Singh’s appointment.
According to the business, the newly recruited leaders would be essential in implementing Shalimar Paints’ entire transformation strategy.
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“As we continue to forge ahead and broaden our horizons, we are happy to welcome talented executives to our team. According to Ashok Gupta, MD and CEO of Shalimar Paints, “These key appointments represent a huge step forward in defining the future of our business, and we are convinced that their contributions will play a crucial part in catapulting us to new heights of success.
Over the next 4-5 years, it is expected that the Indian paint business, currently worth at Rs 70,0000 crore, will grow its market to Rs 1 lakh crore. In the last two to three years, the majority of these businesses have used technology to transition from brick-and-mortar to click-and-mortar businesses, generating growth.
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