Havells India Announces Retirement Of President & CTO Mukul Saxena And EVP Shrikant Pandit

Mukul Saxena, President & CTO, and Shrikant Pandit, Executive Vice President (EVP) of Havells India Limited, have superannuated effective May 31, 2025.

Saxena has over 35 years of experience in R&D across global organisations, including 14 years in the United States. He has led R&D teams at companies such as GE and Siemens, focusing on product development for local and regional markets. His areas of work include renewable energy systems for distributed power, healthcare, water technologies, industrial automation, and consumer products. He has built and managed global R&D structures and contributed to new product introduction, talent development, and leadership mentoring. Saxena holds a master’s degree & a PhD in mechanical and aerospace sciences from the University of Rochester.

Pandit has over 39 years of experience in leading global manufacturing operations across engineering, textile, electrical, and automobile industries. He has managed strategic planning, P&L, cost optimisation, productivity improvement, and multi-plant operations. He has led greenfield projects, mergers and plant closures and introduced modern manufacturing systems such as TPM, Lean, JIT, and Industry 4.0 practices. He has overseen operations with a headcount of over 5,000 and annual turnover exceeding Rs 5,000 crore. Pandit has led global projects across countries, including Japan, Germany, the USA, and the UAE. He served as TPM Chairman across 23 plants and contributed to national initiatives under CII for “Make in India.” He has also received international recognition and state-level awards for operational leadership and industrial contributions.

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