Mr. Shubhabrata Saha Now CEO & MD Of Ajax Engineering

Updated On: 9 January 2023 Dheeraj S Nair

Latest News: Ajax Engineering, announces the joining of Mr. Shubhabrata Saha as the company's new MD & CEO.

Leading commercial-grade concrete equipment company, Ajax Engineering, announces the joining of Shubhabrata Saha as the company's new MD & CEO. The company inducts Mr Saha as the MD & CEO of Mangalore Chemicals and Fertilisers and the CEO of their Agri-based venture. 

Mr. Shubhabrata Saha's expertise in the Agri-equipment sector, since his presence in the renowned firm named Mahindra as CEO of its Agri-division and his service in various executive positions over a staggering span of 20 years is believed to enhance the Ajax Engineering company’s overall business and experience associated with it. 

Ajax Engineering's chairman K. Vijay, commenting on the appointment, mentions, "AJAX is aiming for a “Make in India -make for the World” kind of functionality in concrete and allied technologies. Shubhabrata's focus on operational excellence, customer-centric wins and inclusive leadership will enable us to accelerate our journey and establish a wider footprint in concreting equipment sector, both nationally and internationally.”

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

Mr. Saha also mentioned to businessline that “We expect to end FY23 with a revenue turnover of around ₹1,000 crores. The scaling of revenues will come from our core domestic and export businesses. Currently, our exports are to the tune of about ₹50 crores and we expect them to go up by three times in the next three-four years.”

He added, “According to the company, its products are well-suited to cover geographies such as the Middle East, Africa, and South and Southeast Asia, and it expects to grow in these markets. “We will also consider acquisitions in international markets, adding another ₹1,000 crores to our business.”

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With a great vision for success, Mr. Shubhabrata Saha has been heartfully welcomed by Ajax Engineering.

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