Hindware Home Innovation Limited Appoints Salil Kapoor as Chief Executive Officer
Hindware Home Innovation Limited (HHIL), a pioneer in the home improvement and lifestyle solutions industry has announced the appointment of Mr. Salil Kapoor as its Chief Executive Officer (CEO), effective 11th July 2023.
Mr. Kapoor brings with him a wealth of experience and a proven track record of success in the consumer goods and lifestyle sector. With his dynamic leadership and strategic vision, HHIL is poised to achieve new milestones and drive exponential growth in the ever-evolving market.
Salil Kapoor will lead the consumer business overseeing both consumer appliances and retail divisions along with the water heater JV with Groupe Atlantic of France. “His focus will be on fostering profitable and sustainable growth while elevating the company’s market position in line with the long-term objectives of the Group,” the company said in a statement. Salil Kapoor has expertise in market expansion, innovation, and building strong customer relationships and the company is looking forward to him strengthening Hindware Home Innovation’s position in the industry as a key segment player.
Salil Kapoor has previously worked with leading brands like LG Electronics, Samsung, Microsoft, Dish TV, and Voltas. Before joining Hindware Home Innovation, he was the Business Unit Head of the appliances business unit at Orient Electric.
Speaking of the announcement, Sandip Somany, Chairman and Managing Director, Hindware Home Innovation Limited said, “I am delighted to welcome Mr. Salil Kapoor as the new CEO. We are deeply committed to making Hindware Home Innovation a leading consumer appliance brand and offer our customers high-end innovative products. He is an exceptional business leader with an excellent track record across multiple leading companies in the consumer goods industry. His experience and profound understanding of the consumer appliance industry aligns well with our growth ambitions.”
Commenting on his appointment, Salil Kapoor, CEO, Hindware Home Innovation Limited said, “I am thrilled to join Hindware Home Innovation Limited, one of the most consumer-focused appliances companies in the Indian market. With disruption being the new norm, HHIL is leveraging deep consumer insights and the latest technology to offer differentiated and best-in-class products that can add value to fast-evolving consumer lifestyles. I look forward to collaborating with the highly talented team and committed partners to leverage our collective strengths and further build on the company’s success, explore new avenues for growth, and deliver exceptional value to our customers and stakeholders.”
Mr. Kapoor is an Engineer and also holds a Master’s degree from the Faculty of Management Studies, New Delhi. He also contributes to the industry as an Executive Committee Member at the Consumer Electronics and Appliances Manufacturers Association (CEAMA) and serves as a Member of the Board of Directors at the Electronics Sector Skills Council of India (ESSCI).