Pennar Industries Ltd has appointed Suhas Baxi as the President and Chief Executive Officer of the company. Suhas Baxi was Managing Director and Chief Executive Officer of Demag Cranes India, a subsidiary of Demag Cranes, Germany, a leader in material handling systems. Prior to that, he was with Thermax. The 46-year-old Suhas has diverse experience in geographies also. Pennar has started the process of creating a strong presence in engineering and technology space, said Nrupender Rao, Chairman, which has six manufacturing units. The company produces and markets specialised and engineering metal products and pre-engineering buildings.
Suhas Baxi is Pennar’s new CEO
Hyderabad, Nov. 12: