Ajax Engineering aims to generate 3000 crores in revenue by 2026 and to invest 100 crores in the 5th manufacturing facility under construction in Bengaluru.

Ajax Engineering, a market leader in the concrete equipment sector in India, today announced the appointment of Shubhabrata Saha as the company’s new MD & CEO. Shubhabrata held various leadership positions at Mahindra & Mahindra for over two decades. His most recent position at Mahindra was as CEO of the Farm Division. He has delivered consistent and long-term profitable growth while also strengthening the brand and network. Shubhabrata comes to Ajax from the $ 3 billion Adventz group, where he was MD and CEO of Mangalore Chemicals and Fertilizers, as well as Deputy CEO of their Agri business.

Shubhabrata’s appointment strengthens Ajax’s position as a technology-driven, innovative, and 360-degree concrete solutions provider.

Vijay, Chairman, AJAX Engineering, commenting on the appointment, said “We are delighted to welcome Shubhabrata on board. Ajax has the aim of “Make in India -make for the World” in concrete and allied technologies. His focus on operational excellence, customer centric wins and inclusive leadership will enable us to accelerate our journey and establish us as a premier player in concreting equipment, both nationally and internationally.”

Shubhabrata Saha, MD & CEO, AJAX Engineering said, “I eagerly look forward to embark on the new journey with Ajax Engineering. I see the strong brand recognition AJAX has achieved in the Indian market which will provide me a platform to drive rapid growth. Our target is to drive the revenue up to Rs 3000 Cr in next 3 years through a judicious mix of organic and inorganic growth.” 

Shubhabrata is an accomplished leader with a track record of achieving exceptional financial results and building strong brand recognition. Over his three decades of experience, he has gained a thorough understanding of critical business drivers in both the consumer and industrial sectors. He has a strong track record of developing stakeholder relationships, seizing control of critical problem areas, and meeting customer commitments. He has demonstrated an entrepreneurial mindset in order to deliver turnarounds, and he has also used the triad of data, digital, and technology to solve complex problems.

For more details visit: www.ajax-engg.com