Cosmo Ferrites Limited, a leading manufacturer and exporter of Soft Ferrites and an emerging player in wire wound magnetic components has announced the appointment of Mr Nikit Chaudhary as Business Head, Cosmo Ferrites effective immediately. In his new role, Mr Chaudhary will serve as Vice President and lead key business operations for Cosmo Ferrites Limited, driving the company’s continued growth and expansion.
With over 13 years of experience, Nikit Chaudhary brings an extensive knowledge and insight across various domains such as manufacturing, automotive and E-mobility sectors. Holding a PGDM (Operations & Marketing) degree from IIM Lucknow, along with, B.Tech (Electronics & Telecommunication Engineering) from NIT Bhopal, provides him with a strong foundation in technical and business domains.
“We are delighted to welcome Nikit to Cosmo Ferrites Limited,” said Mr Ambrish Jaipuria, Chairman, Cosmo Ferrites Ltd. “His proven track record and leadership across multiple domains is a perfect match for our ferrites division. Nikit brings a deep understanding of the automotive and E-Mobility sectors, which aligns perfectly with our vision to expand into new sectors and opening growth potential.”
Under his leadership, the Plant Operations, Finance & Accounts, Supply Chain, Secretarial & IT, Sales, Human Resources, along with, Research & Development functions will report directly to him.
While retaining their current reporting structure, the Production, Quality, Maintenance, Process Engineering, NPD & Powder Production, and New Product Development teams, will coordinate closely with Nikit Chaudhary, realising the synergies these departments bring to the table for Cosmo Ferrites.
The appointment comes at an opportune time for Cosmo Ferrites, as it continues to expand its presence in the rapidly growing electronics, power and biomedical sector, providing an indigenous solution to the nation, catering towards export and domestic demands.