Hemant Sikka

Hemant Sikka is the President of the Farm Equipment Sector (FES) and a Member of the Group Executive Board at Mahindra & Mahindra Ltd. (M&M).

Part of the well diversified Mahindra Group, Hemant has been President of Mahindra FES since April 2020, wherein he has global responsibility of Mahindra’s tractor and farm machinery business. Mahindra FES is the largest tractor company in the World by volume. Mahindra commands 40% Market Share in domestic tractor business in India. Apart from being market leader in India, FES has strong on ground presence and business in USA, Japan, Turkey and Finland and leads with iconic brands like Mahindra, Swaraj, Mitsubishi, Erkunt and Sampo in its portfolio.

Hemant also oversees Mahindra Powerol, a leading player in Genset and Industrial Engines Business & Mahindra 2 Wheelers division including CLPL (Classic Legends Pvt. Ltd , associate company of Mahindra & Mahindra Ltd) which has flagship brands like Jawa, Yezdi and BSA.

Under his leadership FES has also entered into Agri advisory, Agri Input, Rental of Farm Machines and Precision Farming sectors under Brand Krish-e with a vision to transform farming and enriching lives of farmers.

Hemant also serves on the boards of several Mahindra Group companies in India and overseas.

Hemant is the President of Tractor & Mechanization Association (TMA) of India. Before taking responsibility as President of FES, Hemant was President – Chief Purchase Officer of the Automotive & Farm Sector of Mahindra, managing a spend of Rs. 35,000 Cr while also leading Mahindra Powerol and spares business of Mahindra.

He also worked as Head of Purchase for SsangYong Motors, South Korea, a group subsidiary of Mahindra, wherein he played a key role in the purchasing domain by building strong business relationships with Korean suppliers and lead the SsangYong purchase team in significantly reducing material costs and driving sourcing synergies with Mahindra.

Before his assignment in SsangYong Motors, Hemant was Head Manufacturing – Automotive Sector, where he provided strategic direction in improving productivity, workmen involvement and raising standards through initiatives like ‘Quality First’.

Prior to joining the Mahindra group in 2000, Hemant spent 9 years with Maruti Suzuki.

Hemant holds B.Tech. Degree from NIT Kurukshetra & MBA from FMS, DU.

Hemant enjoys sports and watching movies. He lives in Mumbai.