| | DECEMBER 20238Stellantis India has declared that Aditya Jairaj will take over as CEO and Managing Director from January 1, 2024. Jairaj, presently serving as the Deputy Managing Director and Head of Jeep India at Stellantis India, will replace Roland Bouchara. After overseeing Stellantis operations in India for six and a half years, Bouchara will transition to a different role in Europe, as per the company's announcement."Offering our farewells to Roland and extending a hearty welcome to Aditya in his new position", stated Ashwani Muppasani, Stellantis India and Asia Pacific COO. Muppasani emphasized the company's commitment to focusing on future prospects, expressing confidence that this transition will pave the way for fresh opportunities driving growth and innovation at Stellantis India.Stellantis N.V. emerged from the merger of Fiat Chrysler Automobiles and PSA Group, functioning as a multinational automaker headquartered in Amsterdam. On October 26, 2023, Stellantis invested 1.5 billion to acquire an approximate 20% stake in Leapmotor, a Chinese electric vehicle manufacturer. This investment granted Stellantis exclusive rights for the sale, export, and production of Leapmotor's products outside China through the newly established joint venture, Leapmotor International. Jakson Group, a leading provider of energy and infrastructure solutions, has recently opened a cutting-edge manufacturing plant in Phaltan, Maharashtra. This new facility marks a significant boost in their capability to produce advanced power backup solutions. Anticipated to produce roughly 2,500 gensets annually, ranging from 250KVA to 3500KVA, the plant will include gensets compliant with the latest CPCB IV+ norms. These gensets are renowned for their exceptional fuel efficiency and minimal emissions, perfectly aligning with Jakson Group's dedication to sustainable energy solutions. With this new addition, Jakson's overall manufacturing capacity now stands at approximately 15,000 gensets per year.Sameer Gupta, Chairman & Managing Director of Jakson Group, underscored the company's commitment to sustainability and customer-centric values during the plant's inauguration. He expressed, "The launch of this genset manufacturing unit signifies a significant achievement, reaffirming Jakson's position as industry leaders dedicated to delivering top-notch quality. Through the use of cutting-edge machinery, we ensure the production of premium products that meet our customers' highest standards".Sundeep Gupta, Vice Chairman & Managing Director of Jakson Group, commented, "This facility marks another stride in our environmental pledges as the new generators comply with the latest CPCB IV+ standards, demonstrating our continuous efforts to minimize our ecological footprint". Gagan Chanana, CEO & Jt. MD of Jakson's Distributed Energy Business, highlighted the plant's pivotal role in the company's pursuit of innovation and a more sustainable future. He noted, "With state-of-the-art technology and unparalleled performance, we acknowledge the invaluable support of our partners and foresee establishing more such facilities nationwide in collaboration with them". STELLANTIS INDIA APPOINTS ADITYA JAIRAJ AS CEO, MDJAKSON GROUP'S NEW GENSET PLANT BOOSTS SUSTAINABLE POWER IN MAHARASHTRAIN FOCUSIN FOCUS
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