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Shailesh Hazela Appointed as New CEO & MD of Stellantis India

INDIA, June 1, 2024 – Stellantis has announced significant leadership changes in its India division, appointing Shailesh Hazela as the new CEO and Managing Director. Hazela will succeed Aditya Jairaj, who is set to relocate to the United States. The transition will take place through mid-July.

Hazela, who previously served as Vice President – Global Purchasing and Supply Chain for India & Asia Pacific Region at Stellantis, brings extensive experience and a successful track record in fostering growth and innovation. Since joining Stellantis in September 2022, he has played a crucial role in leveraging the supply base across India, ASEAN, Korea, Japan, and other regions, and in developing the supply chain for Stellantis in the IAP region.

With over 28 years of experience in various sectors including automotive, telecommunications, and railways, Hazela holds a Master’s in Business Administration and a Bachelor’s in Industrial Engineering.

“We are delighted to welcome Shailesh Hazela as our new CEO and MD and we would like to thank Aditya for his leadership and contributions to Stellantis India,” said Ashwani Muppasani, COO of Stellantis India & Asia Pacific. “Shailesh’s strategic vision and extensive experience will be instrumental in driving growth and innovation in the Indian market. We are confident that Shailesh will lead the company in fostering sustainable business growth.”

Reflecting on his new role, Hazela expressed, “It is an honor to lead Stellantis in India. Our iconic brands have led the global automobile industry, and I am committed to upholding and advancing this legacy. I extend my heartfelt gratitude to Aditya Jairaj for his contributions, and I am committed to fostering sustainable progress with our exceptional teams and partners. I look forward to accelerating technological innovation and strengthening our position in existing and emerging mobility segments.”

Stellantis operates three manufacturing plants (Ranjangaon, Hosur, Thiruvallur), an ICT Hub (Hyderabad), a Software Centre (Bengaluru), and two R&D centers in Chennai and Pune. The company’s “Make in India” initiative continues robustly, with India being the only country to locally produce four Jeep nameplates outside North America (Wrangler, Compass, Meridian, and Grand Cherokee) and the Citroën C5 Aircross outside France.

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