Cummins India Appoints Shveta Arya As The Managing Director

Cummins India, one of the leading power solutions technology providers, has announced that its Board of Directors has appointed Shveta Arya as an Additional Director and the Managing Director (Designate) effective August 8, 2024.  Shveta Arya will take up the full-time role as the Managing Director of Cummins India, effective September 1, 2024, subject to approval from shareholders through a postal ballot.

 She succeeds Ashwath Ram, who will continue serving the company until August 31, 2024 (close of business hours). Under his leadership, the company achieved profitable growth and successfully navigated multiple challenges, including COVID-19.

Shveta leads the Power System Business for Cummins India,  a portfolio she will continue to hold even after her appointment as the Managing Director. As the business leader, she has been driving growth and enhancing market presence for power generation and industrial businesses serving India and the global market.​ She also successfully led the launch of the CPCB IV+ range of products, which was introduced in July 2023 and features amongst the most stringent emission standards for backup power generation in the world. Previously, as the leader of Cummins’ Distribution business in India, Shveta crafted a five-year growth vision that saw significant revenue expansion during her tenure.

Shveta holds a master’s from the Indian Institute of Management, Ahmedabad (IIMA) and a bachelor’s in Information Technology engineering from Delhi University. She has over 20 years of industry and management consulting experience in Automotive, Travel, Financial Services and Telecom sectors. Prior to joining Cummins in 2016 as the Head of Strategy, she has been associated with organisations such as Thomas Cook, Kearney and Infosys.