Hemant Sikka

Biography

 Hemant manages a purchasing spend of ₹30,000 Crores for various divisions, manufacturing, Cars, SUVs, Tractors, Trucks, Buses, Two Wheelers and Construction Equipment. In addition to his role as CPO, he also leads the Spare Parts and Genset businesses of Mahindra, both together having a turnover of ₹4,000 Crores. He is a member of the Group Executive Board and on the board of various group companies: Mahindra Trucks & Buses Ltd (MTBL), Mahindra Insurance Brokers Ltd (MIBL), Mahindra Automotive Distributors Pvt Ltd (MADPL), Mahindra Telecom Energy Management Services Ltd and Mahindra Waste Energy Solution Ltd. Prior to this, Hemant was Head Purchase – SsangYong Motors, South Korea, a group subsidiary of Mahindra. He 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 focussed on workmen involvement in improving quality and concluded long term wage agreements with workmen unions. He also had a 9-year stint with automobile company, Maruti Suzuki. Hemant chairs the Sourcing Council Group of SIAM (Society of Indian Automobile Manufacturers). In 2013, he was awarded the Procurement Excellence Award at the maiden Procurement Leaders Asia Pacific Awards in Singapore. Hemant enjoys sports and watching movies. He lives in Mumbai with his wife and two daughters.

Research Interest

 Before his assignment in SsangYong Motors, Hemant was Head Manufacturing – Automotive Sector. He focussed on workmen involvement in improving quality and concluded long term wage agreements with workmen unions. He also had a 9-year stint with automobile company, Maruti Suzuki.