ABG appoints S Rangarajan as wires & cables business CEO

Aditya Birla Group is launching a new wires and cables business. Sriram Rangarajan will lead this venture as chief executive officer.

Key takeaways

Quick scan — what you need to know:

• Aditya Birla Group is launching a new wires and cables business.
• Sriram Rangarajan will lead this venture as chief executive officer.
• The group has also appointed a core management team.
• This new business is a subsidiary of Ultratech Cement.

Background

What led here, in plain terms:

• The launch is planned for the third quarter.
• This marks the group's fourth new venture incubation in three years.
• Aditya Birla Group is launching a new wires and cables business.
• Sriram Rangarajan will lead this venture as chief executive officer.

Why it matters

Why readers and decision-makers should care:

• The group has also appointed a core management team.
• This new business is a subsidiary of Ultratech Cement.
• The launch is planned for the third quarter.