Pune, June 08, 2023: Pune-based FLASH Electronics, a leading electronic component manufacturer, announces the appointment of Mr. Rajnish Diwan as Chief Executive Officer at the company. This decision is aligned with the company’s strategy to accelerate its growth trajectory, foster innovation, and reinforce its position as a preferred automotive component manufacturer in the industry.
Mr. Diwan brings a wealth of knowledge to the organization, with 38 years of comprehensive experience and a demonstrated track record of success in the business. His proficiency in strategy, business restructuring, and performance transformation has enhanced the operations of his previous companies. With his impeccable leadership qualities, he has consistently demonstrated a strong commitment to driving operational excellence, customer satisfaction, and organizational growth.
Commenting on the appointment, Mr. Sanjeev Vasdev, Managing Director, FLASH, said, "We warmly welcome Mr. Rajnish Diwan to the team and are confident that he will lead the business to greater success given his broad expertise in the sector. The automotive industry is in a disruptive phase that necessitates changes in product and process technologies. FLASH is at an exciting juncture in its trajectory, and with Mr. Diwan, we look forward to shaping the future of the auto component manufacturing industry."
In his new role as CEO, Mr. Rajnish Diwan will be responsible for the strategic direction of Flash operations in India for the new automotive business trends, i.e., connected, autonomous, shared, and electrified mobility solutions. He will be developing & nurturing strategic associations to expand into the new business sectors.
Moreover, he will also be managing the overall operations of the company, driving innovation, and nurturing key relationships with customers, suppliers, and other stakeholders. He will lead a team of talented professionals and work collaboratively to strengthen the company’s market position and enhance the product portfolio. And also oversee the company's corporate social responsibility (CSR) and sustainable development goals (SDGs)
On his appointment, Mr. Rajnish Diwan said, "I am eagerly looking to take forward FLASH’s core values, develop new age businesses, build competitiveness, and contribute towards the company’s growth along with business sustainability. Customers, employees, and supply chain partners are at the heart of everything we do at FLASH, and we will enhance our efforts to enrich the lives of our people and give back to society and communities around us."
Prior to FLASH, he was an integral part of Denso Corporation Japan. He was one of the initial members to establish and expand Denso’s business in India. He gained rich experience managing and conferring with complex and diverse boards during his stint at Denso in India. He has also worked with prominent brand like Eicher earlier in his automotive career.
A Mechanical Engineer and Management expert from IIM Calcutta, Mr. Diwan has diversified techno-commercial experience in India’s automotive industry at reputed OEM and Tier I companies.
About FLASH
FLASH is the preferred electronic component manufacturer for multiple automotive OEMs worldwide. The brand has six manufacturing plants across India, Germany, and Hungary, driven by a strong team of over 2,500 individuals.
In 1989, FLASH started with the commercial production of Flashers. Eventually over the next three decades went on to manufacture a wide range of electrical / electronic products such as Regulators, Capacitor Discharge Units, Magnetos, Alternators, Starter Motors, Wiper Motors, Ignition Coils, E.M.I Suppressors, Spark Plug Caps, Linear Actuators, Thermostats, Sensors, Throttle Bodies, electronic control units, Brushless DC Motors, etc.,
FLASH Group is acknowledged for its ability to offer innovation-driven differentiation with help from its highly capable in-house R&D team and world-class manufacturing facilities that adhere to stringent quality standards. The brand’s core competency is manufacturing cutting-edge electronic and electrical auto components, for 2, 3, and 4-wheeler categories.
In 2016 FLASH also set up a few highly advanced state-of-the-art automated Machining and Forging plants to serve the growing needs of their clients and the ever-evolving automotive industry. Three plants are located in the Chakan Industrial Area in Pune (India). FLASH has the capacity and capability to match international standards in forging, machining, manufacturing, and quality control.
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