Board of Directors

Ms. Eranti Sumithasri

Chairperson & Independent Director

With over 25 years of experience in business leadership, technology, consulting and financial services industry, Ms. Eranti brings a wealth of knowledge and experience to her new role.

She has held various roles in technology companies - global service portfolio leadership, CXO collaboration, P&L ownership, large account management, business consulting and product development. She possesses multi-cultural experience of living/working in 11 countries including Germany, India, USA, UK and The Netherlands.

Ms. Eranti has been an independent director of Schaeffler India Limited Board since 2020. She is also the chairperson of board of directors at Aviva Life Insurance company India limited and has been associated with other companies as a board member.

Mr. Andreas Schick

Non-Executive, Non-Independent Director

Mr. Andreas Schick has 27 years of experience in the field of technology and has worked with Schaeffler Group for more than two decades in different roles. He is a member of Executive Board of Schaeffler AG as Chief Operation Officer and is responsible for Production, Supply Chain Management and Purchasing within the Schaeffler AG.

Mr. Schick has studied Automotive Engineering at the University of Munich. He started his career as Product Engineer and worked in different roles in Brazil, USA, China, and Singapore.

Mr. Jens Schüler

Non-Executive, Non-Independent Director

Mr. Schüler has been associated with the company since 2003 and brings with him over 21 years of professional experience. He has held leading positions within the Automotive Aftermarket Division of Schaeffler in strategic planning and project management area. In 2014, Mr. Schüler assumed leadership of the Automotive Aftermarket business unit in North America and was was additionally given responsibility for the aftermarket business in South America.

With the establishment of Automotive Aftermarket as an Executive Board function in 2018, Jens Schüler took over as Head of Global Sales and Marketing. In 2022, Jens Schüler was appointed as a member of Schaeffler AG’s Executive Board and is responsible for the Schaeffler Group’s Automotive Aftermarket business.

Mr. N. V. Sivakumar

Independent Director

Mr. N. V. Sivakumar, a Chartered Accountant and Bachelor of Commerce from Loyola Academy, Secunderabad, brings over 40 years of extensive experience in audit, advisory, and governance.

Having been with PwC since 1982, Mr. Sivakumar has held significant roles across the Audit and Advisory service lines, serving both international and domestic clients. His expertise spans key areas such as governance, succession planning, strategy, transformation, risk, and growth, especially in the context of family businesses. He played a vital role in PwC’s Global Thought Leadership studies, including the Family Business and NextGen surveys, and actively participated in CII-FBN’s annual Family Business discussions.

Mr. Sivakumar retired from PwC on 31st March 2023 and currently holds directorships in three publicly listed multinational organizations, where he chairs the Audit Committee. At PwC, he served as the Chairman of the Partner Oversight Committee (POC), a supervisory board overseeing governance, policies, and strategic alignment. In this role, he liaised closely with the Territory Senior Partner and led various sub-committees, including those focused on Partner Affairs, Risk, and Client Growth.

Mr. Arvind Balaji

Independent Director

Mr. Arvind Balaji holds a Bachelor’s degree in Mechanical Engineering from BITS Pilani, a Master’s degree in Manufacturing Systems Engineering from Stanford University and an MBA in Finance from Wharton School, University of Pennsylvania.

Mr. Balaji presently holds the position of Managing Director of Lucas-TVS Limited and Managing Director of India Nippon Electricals Limited.

Prior to joining Lucas-TVS, Mr. Balaji worked in the investment banking division of Bank of America in the General Industrials group where he focused on helping automotive companies in financing and M&A transactions. Mr. Balaji also worked at Oracle Corporation in their consulting division.

Mr. Balaji is also a Past President (2015-16) of the Automotive Component Manufacturers Association (ACMA) and led the Technology, Safety and Regulatory (TSR) Committee of ACMA (2017-18).

Mr. Amit Kalyani

Independent Director

Mr. Amit Kalyani is B.E. in Mechanical Engineering from Bucknell University, Pennsylvania, USA. He is also a Harvard Business School OPM graduate and a YPO member. He is extremely passionate about manufacturing and technology and regularly participates in the World Economic Forum, Davos.

Mr. Amit is the Deputy Managing Director at Bharat Forge Limited. He is also a member on the board of various companies. He has been a part of many committees of the Government of India on manufacturing, education, skill development and bilateral relations.

Mr. Dharmesh Arora

Non-Executive Non-Independent Director

Mr. Dharmesh Arora is a Mechanical Engineer from University of Mumbai and holds the TRIUM Global Executive MBA degree from Stern School of Business, NYU; London School of Economics and HEC Paris.

He began his career as a product engineer with Maruti Suzuki and after a successful stint, he joined General Motors where he worked in the areas of product engineering, supply chain and purchase. Dharmesh Arora held key senior management and global leadership positions at General Motors in India, Thailand, Mexico and USA in a career spanning over two decades.

In 2012, Dharmesh Arora joined Schaeffler as the CEO India and President Automotive business. Under his leadership, Schaeffler India has consolidated its position as a leading supplier of high-quality components and systems for industrial and automotive applications through three product brands – FAG, INA and LuK. He successfully led the merger of 3 Indian entities to form one strong Schaeffler entity in India.

Since October 2019 he has been Regional CEO Asia/Pacific for the Schaeffler Group and is based in Singapore.

Mr. Harsha Kadam

Managing Director

Mr. Harsha Kadam is CEO and Managing Director of Schaeffler in India.

Mr Kadam has studied Mechanical Engineering at Bangalore University and later acquired further qualification in business management, specializing in Marketing, Finance & HR.

He joined Schaeffler in 2018, as President – Industrial Business, a role he continues to hold. Prior to Schaeffler, Mr. Kadam was the CEO of AGI Glaspac (India). Before AGI Glaspac, he was with SKF India till December 2016 as Director, Automotive Business and held several key leadership positions in the organization across manufacturing and sales, for over 20 years. Mr. Kadam has more than 25 years of experience in functions including Sales, Manufacturing, Product Design and Development. Besides leading business successfully, he has filed for several patents and won global awards for innovation excellence in his professional stint.

He resides in Pune with his family and in his spare time, he enjoys adventure sports and sketching.

Ms. Hardevi Vazirani

Director – Finance & CFO

Ms. Hardevi Vazirani is Director-Finance & CFO of Schaeffler India Limited. In her role, she is responsible for the Finance & IT functions of the Company.

Ms. Vazirani has been part of Schaeffler for three decades, during which she held various roles in IT, Finance & Corporate Strategy including invaluable international exposure during her four years stint in Shanghai and three years in Singapore, where she played vital roles in AP region. Prior to Schaeffler, she had amassed three years of experience as an IT service consultant, working with various IT Firms.

Ms. Hardevi holds Bachelor of Commerce degree from MS University, Vadodara. Ms. Vazirani completed Diploma in Business Management from ICFAI, Hyderabad and Diploma in Computer Studies from NCC UK, Vadodara, and Management Pro-grams from INSEAD, IIM-Bangalore and is Certified Accounting Specialist, from Accovalist Institute, Germany.

Ms. Vazirani is currently based out of Pune.