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Market: Ajax takes on Basu in its growth strategy in India and globally

Fiinews by Fiinews
May 3, 2024
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Bangalore OEM group appoints CFO to consolidate position in SLCM equipment

Pursuing a sustained business growth strategy in the Original Equipment Manufacturer (OEM) industry in India and globally, Bangalore’s Ajax Engineering https://www.ajax-engg.com/ is enhancing its leadership team with the appointment of Tuhin Basu as Chief Financial Officer (CFO).

Leveraging the momentum of the infrastructure impetus in India, AJAX said it is focused on consolidating its position in the concreting solutions market https://www.credai.org/home by extending its leadership in Self Load Concrete Mixer (SLCM) equipment and growing its presence in key segments offering the Next – Gen 360°degree concreting solutions.

“Aligning with this vision, AJAX continues to expand its presence both in India and globally https://www.conexpoconagg.com/ , Basu’s expertise will be instrumental in guiding the company towards sustained growth and success,” the Bangalore-based company said on 30 April 2024.

Basu will focus on strengthening the overall financial framework as the company focuses on consolidating its leadership position in the market, it said.

“Basu’s wealth of experience and strategic vision will be invaluable as we continue to execute on our long-term goals and create value for our stakeholders https://baionline.in/ ,” said Shubhabrata Saha, MD & CEO at Ajax Engineering.

“His exceptional track record and expertise in financial management will be instrumental in guiding our company towards achieving our strategic goals,” said Joseph Peeris – Chief People officer & Corporate affairs at Ajax Engineering, in welcoming Basu to the group.

Established in 1992, AJAX has become the global leader in Self-Loading Concrete Mixers and operates state-of-the-art manufacturing facilities in Doddaballapur and Gowribidanur https://fieo.org/ . With a widespread presence across 100 touch points worldwide, AJAX ensures comprehensive sales and after-sales support. Its distribution network spans Bangladesh, Sri Lanka, Myanmar, Mozambique, Philippines, Kenya, Tunisia, UAE, Vietnam, Cambodia, Oman, Uganda and Egypt. Fiinews.com

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