Havells India has appointed industry veteran Reshu Madan as President and Strategic Business Unit Head, strengthening its senior leadership. With nearly three decades of experience across power, electrical equipment and infrastructure, Madan will lead SBU strategy, growth and operational excellence, with a strong focus on profitability and long-term value creation.
Reshu Madan’s appointment as President and Strategic Business Unit (SBU) Head at Havells India Ltd comes at a defining moment for one of the country’s most recognisable electrical and power solutions companies. As Havells continues to deepen its presence across consumer electricals, industrial products and power infrastructure, the addition of a seasoned leader with nearly three decades of experience signals a sharpened focus on scale, strategy and sustained value creation. Madan’s mandate is clear: shape the long-term direction of the SBU, accelerate growth, and deliver operational excellence while keeping profitability firmly at the centre of decision-making.
Havells has, over the years, built a reputation for blending engineering rigour with strong brand-building, evolving from a domestic electrical equipment manufacturer into a diversified player with global ambitions. This expansion has been driven by both organic growth and a careful widening of its portfolio to address the changing needs of consumers, utilities and industrial customers. In that context, Madan’s role is not merely operational but strategic, tasked with aligning business units to broader market shifts while ensuring that execution keeps pace with ambition.
Madan brings to Havells a career shaped by leadership roles across power, electrical equipment, EPC and infrastructure sectors that demand scale, resilience and an ability to navigate complex operating environments. His professional journey reflects a consistent engagement with businesses where margins are hard-won, projects are capital-intensive and long-term thinking is essential. This background is particularly relevant as Havells strengthens its footprint in power solutions, a segment that sits at the intersection of manufacturing excellence and infrastructure-led growth.
Prior to joining Havells, Madan spent over seven years at Sterlite Electric, where he most recently served as Chief Executive Officer. At Sterlite, he was closely associated with building and scaling businesses in transmission and power infrastructure, overseeing operations that required tight coordination between manufacturing, supply chains, project execution and regulatory engagement. His tenure there reinforced his reputation as a leader with strong P&L ownership and an ability to translate strategy into measurable outcomes, even in challenging market conditions.
Before Sterlite, Madan held senior leadership positions at CG Power and Industrial Solutions Limited, TBEA Energy India and Sudhir Gensets. Each of these roles added a different dimension to his professional profile, exposing him to a wide spectrum of products, technologies and customer segments. At CG Power, a company with deep roots in electrical engineering and heavy industry, he gained experience in managing legacy businesses while responding to evolving market demands. At TBEA Energy India, part of a global power equipment major, he worked in an environment shaped by international competition and large-scale project execution. His time at Sudhir Gensets further strengthened his understanding of power generation solutions and the realities of operating in infrastructure-driven markets.
Taken together, these experiences have given Madan a holistic view of the electrical and power ecosystem, spanning manufacturing, EPC, projects and services. They have also honed his ability to lead large, diverse teams and to balance short-term performance with long-term capability building. This blend of skills is expected to play a critical role at Havells, where the challenge lies not only in sustaining growth but in doing so profitably across cycles.
In his new role, Madan is responsible for shaping the strategy of the SBU he leads, ensuring that it remains aligned with Havells’ broader vision while being agile enough to respond to sector-specific opportunities and risks. Strategy, in this context, is as much about identifying growth avenues as it is about deciding where not to play. With increasing competition, rapid technological change and heightened expectations from customers, the ability to make clear, disciplined choices will be central to success.
Operational excellence forms the other pillar of Madan’s mandate. For a company like Havells, which operates across multiple product categories and geographies, operational rigour is critical to maintaining quality, managing costs and ensuring timely delivery. Madan’s track record in managing complex operations positions him well to strengthen processes, optimise resources and drive efficiencies without compromising on the standards that underpin the Havells brand.
Profitability and long-term value creation are explicitly highlighted as focal points of his role, reflecting a broader shift among Indian manufacturing and infrastructure companies towards sustainable, returns-driven growth. As markets become more competitive and capital more discerning, leadership teams are under increasing pressure to demonstrate not just growth, but quality of growth. Madan’s experience with P&L responsibility and business building is expected to support Havells in navigating this environment with discipline and clarity.
The appointment also underscores Havells’ intent to invest in leadership as a strategic asset. In recent years, the company has placed emphasis on strengthening its senior management bench to support its expanding portfolio and ambitions. By bringing in a leader with deep sectoral knowledge and proven execution capability, Havells signals its confidence in pursuing the next phase of growth with a sharper strategic lens.
For Madan, the move represents both a continuation and a new chapter. It builds on a career spent in closely allied sectors while offering the opportunity to shape the trajectory of a consumer-facing, brand-led organisation with strong manufacturing roots. The scale and diversity of Havells’ operations present a different set of challenges from those of pure-play infrastructure companies, requiring an ability to integrate market insight, innovation and operational discipline.
As India’s electrical and power landscape evolves—driven by urbanisation, energy transition, infrastructure investment and rising consumer expectations—companies like Havells are poised to play a central role. Leadership choices made today will influence how effectively they capture these opportunities while managing complexity and risk. Reshu Madan’s appointment as President and SBU Head reflects Havells’ recognition of this reality and its intent to combine experience, strategy and execution to build enduring value in a rapidly changing market.
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