Sudhir Manchanda

Vice President | CSM, Axis Bank
Delhi,India
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Who Is Sudhir Manchanda?

Total Experience21 years
CompanyAxis Bank
CountryIndia

Sudhir Manchanda is a distinguished Indian businessman, best known as the Chairman of QRG Enterprises, the parent company of Havells India Ltd., a leading Fast Moving Electrical Goods (FMEG) company. He has been instrumental in the strategic direction and expansion of the QRG Group, which has diverse interests including healthcare (QRG Health City) and electrical equipment. With decades of experience, Mr. Manchanda has played a crucial role in transforming Havells into a global brand, recognized for its quality and innovation in electrical consumer goods, lighting, and appliances. His leadership emphasizes long-term value creation, corporate governance, and philanthropic initiatives through the QRG Foundation.

How Did Sudhir Manchanda's Career Path Shape Their Journey?

Sudhir Manchanda's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Axis Bank - Vice President | CSM(2023 to Present)
Citi India - Vice President | Citi Business Specialist(2016 to 2023)
Deutsche Bank - Relationship Manager(2014 to 2016)
Citi - Commercial Banking Citi(2012 to 2014)
HSBC Commercial Banking - Relationship Manager(2006 to 2012)
Standard Chartered India - Assistant Manager(2005 to 2006)

What Are Sudhir Manchanda's Key Achievements?

Transformation of Havells India

Played a pivotal leadership role in transforming Havells India from a small trading concern into a multi-billion dollar global FMEG company with a strong presence in multiple countries and a diverse product portfolio.

Strategic Acquisition of Sylvania

Spearheaded the landmark acquisition of the global lighting company Sylvania in 2007 (later divested parts of it), which significantly expanded Havells' international footprint and technological capabilities, marking a major milestone for an Indian company.

Diversification into Healthcare

Led the QRG Group's successful diversification into the healthcare sector with the establishment of QRG Health City (now part of Fortis Healthcare), a multi-specialty hospital, demonstrating a vision beyond the core business.

Championing 'Make in India'

Has been a strong advocate and implementer of the 'Make in India' initiative, establishing state-of-the-art manufacturing facilities in India, thereby boosting local employment and technological self-reliance.

Building a Strong Brand Equity

Instrumental in building Havells into one of India's most trusted and recognized electrical brands, known for quality, innovation, and customer-centricity.

What's Sudhir Manchanda's Educational Background?

Marketing, International Marketing

Institute of Management Technology, Ghaziabad

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Company Overview

Axis Bank
Total employees91890
HeadquartersMumbai
Founded1993

Axis Bank is the third largest private sector bank in India, offering a wide array of financial products and services to customer segments covering Large and Mid-Corporates, MSME (Micro, Small and Medium Enterprises), Agriculture, and Retail Businesses. The bank has an extensive network of branches and ATMs across India and also has an international presence with branches and representative offices in key global financial hubs. It focuses on leveraging technology to provide convenient and efficient banking solutions to its diverse customer base.

Axis Bank Stock Information
Axis Bank, Inc. is listed on the National Stock Exchange of India (NSE) under the ticker symbol AXISBANK. The company went public on November 9, 1998

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