Continental Corporation appoints Prashanth Doreswamy as Head of India
Bangalore, October 23, 2017. The technology company Continental has named Prashanth Doreswamy as the head of their entity in India. Doreswamy has taken over as Market Head of Continental India and Managing Director, Continental Automotive India, in the first week of October 2017. Prashanth Doreswamy succeeds Claude d’Gama Rose, who retires later this year.
Prashanth Doreswamy will continue to focus on driving revenue opportunities for Continental in the region and increasing its technology and product development capabilities in India. The German conglomerate that commenced India operations in 2008, has established a strong presence in the domestic market through steady investments, localization of the value chain and betting big on technology. Today, the tier 1 automotive supplier, tire manufacturer and industrial partner operates across India – with over 7000 employees across 16 locations, including nine plants that cater to the Indian market and a Technical Center that supports global R&D.
According to Frank Jourdan, Member of the Executive Board of Continental AG and President of the Chassis & Safety Division, who is Country Sponsor for India, “We are glad to have Prashanth Doreswamy joining us to lead Continental in India. With our firm commitment to the India market since 2008, Continental has grown steadily in India and I take this opportunity to thank Claude for his leadership. Continental will stay focused on building strong customer relationships, manufacturing excellence, localization and building a strong talent base for strengthening local innovation. We will continue to grow in India, and I extend my best wishes to Prashanth.”
Says Claude d’Gama Rose, “I’m glad to welcome Prashanth Doreswamy as my successor. His experience, track record and value system are ideal to take Continental to the next level in India. The company will stay focused on technology innovation and manufacturing excellence to continue being a partner of choice to our customers.”
Commenting on his appointment, Prashanth Doreswamy said, “I’m honored to be named the leader of Continental India, at a time when the automotive industry is undergoing a transformation. Today the company is developing and producing trendsetting technologies that redefine mobility. The India entity is integral to this journey, and I look forward to working with our employees and industry partners in driving growth for Continental in the region. I will continue focusing on bringing greater value to our clients, employees and other stakeholders.” Doreswamy, previously Country Manager & Managing Director – India & SEA, Cooper Standard India, brings over two decades of experience to his new role, across automotive and manufacturing.
Continental develops pioneering technologies and services for sustainable and networked mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transport. In 2016, Continental generated sales of €40.5 billion and currently employs more than 230,000 people in 56 countries.
