VASCO
The Chowgule Group, a 104-year-old Indian industrial conglomerate, has announced the restructuring of its businesses.
According to a press release, the restructuring allows a diversified vision and approach, bringing focus to growth and expansion.
"The legacy flagship company, Chowgule & Co. Pvt. Ltd led by the current Chairperson and Managing Director Padma V Chowgule, will have control of Mining, Pellets, Salt, Shipbuilding, and Educational Institutes.”
The next generation of the Chowgule family in the business will continue to support her.
“All the businesses will focus on future readiness, striking a balance between expansion in existing businesses and developing new lines of business. The cornerstone of this vision will be the existing experienced talent base, along with infusion of new skills.”
“As the Chowgule Group continues on this exciting journey to securing a leadership position in the industry, across all the areas that it operates in, it will continue to unlock value for all its stakeholders, as it has done in the past," added the press release.
