Cummins India Limited announces the appointment of Shveta Arya as its new Managing Director, effective September 1, 2024. Arya, currently leading the Power Systems Business at Cummins India, will take over from Ashwath Ram, who has successfully guided the company through significant challenges including the global pandemic. Ashwath Ram’s leadership has been marked by strategic decisions that have steered the company towards profitable growth, setting a strong foundation for his successor.
Shveta Arya brings over 20 years of diverse industry experience to her new role, with significant achievements already under her belt within Cummins. Among her notable contributions is the successful launch of the CPCB IV+ range of products in July 2023, a critical advancement that elevated emission standards in backup power generation. Her extensive background positions her well to propel Cummins India forward in an era of rapid technological evolution and market expansion. “I am thrilled to lead Cummins India into the next chapter of growth and innovation, building on our strong foundation to enhance our market leadership,” Shveta Arya remarked.
The transition comes at an important time for Cummins India as it continues to uphold its commitment to innovation and reliability in the power solutions market. Shveta Arya’s vision for the company aligns with its long-standing values and her strategy will undoubtedly influence its future growth. As she prepares to lead Cummins India, Arya expressed her enthusiasm about the opportunity to drive growth and foster innovation, reflecting her dedication to the company’s mission and its stakeholders.
Ashwath Ram, the outgoing Managing Director, praised Arya’s strategic acumen and leadership qualities and expressed confidence in her capabilities to lead the company forward. “Shveta has been an important part of our leadership team, bringing invaluable insight and direction that have greatly contributed to our success. I am confident that under her leadership, Cummins will achieve new heights,” Ashwath Ram stated.
Cummins Inc., the parent company, has a longstanding history of leadership in the global power market, with operations spanning across 190 countries. The company’s focus on dependable and clean power solutions has made it a pivotal player in the industry. This legacy of excellence is set to continue under Arya’s leadership as she aims to integrate more sustainable and efficient practices into the company’s operations.