Bridgestone India has announced its MD Parag Satpute will assume a new global role in the company’s solutions business and will be based in Amsterdam, Netherlands. Satpute will take charge of his new role from 1st January 2023 and Sanchini will assume his role from the same date.
Parag assumed the role of Managing Director of Bridgestone India in November 2017. It is during his tenure that Bridgestone India reinforced its position in the Indian market and gained a leadership position. In the past few years, the company has expanded its operations in terms of increase in capacity, as well as extending its expertise to launch a solutions business and tyre-as-a-service for its customers. On the other hand, Stefano Sanchini will be replacing Parag to take over his current role at Bridgestone India.
Commenting on his new role, Satpute said, “The last few years have been as rewarding as they have been challenging. I am pleased to see the fruit of our efforts. I am excited and look forward to contributing towards Bridgestone’s ambitions as a global leader in mobility solutions.”
“India is one of the most diverse markets and it comes with its own challenges. As we move into new technologies and mobility solutions, the Indian market is going to be a focus area. I am happy to be here as we spread out these solutions to the vast Indian customer base,” Sanchini said.