April 15, 2021

Volvo Automobiles elevates Jyoti Malhotra as Managing Director

New Delhi: Volvo Automobiles India on Saturday stated it has appointed Jyoti Malhotra as its new Managing Director with impact from March 1, 2021. Malhotra, who at present serves because the Director Gross sales and Advertising and marketing, could be the primary Indian to go the corporate in India.

He joined the corporate in August 2016.

Malhotra succeeds Charles Frump who has been on the helm since October 2017.

“Frump has accomplished a profitable tenure in India and is transferring over to a different world task. Jyoti takes over from Charles on March 1, 2021,” the Swedish automaker stated in an announcement.

Beneath Frump, the corporate began its native manufacturing in India, launched new era fashions and expanded Volvo’s footprint in India.

“India is among the most dynamic vehicle markets on this planet and it has been an honour to be part of the identical for over three years now…

“At current, we’re at a important juncture within the Indian market the place the trade is transferring in direction of a big transformation to electrical mobility and I’m assured Jyoti will lead the corporate by means of this part in a particularly seamless method,” Frump stated.

Malhotra has over 24 years of automotive expertise within the gross sales and advertising and marketing area.

He has held nationwide, regional and native positions in numerous automotive firms like Mahindra & Mahindra,

and Fiat Auto India earlier than taking up as Director Advertising and marketing and Gross sales in Volvo Automobile India.