Wärtsilä appoints India MD


Venkatesh comes with 30 years of experience in the Marine and Energy sectors. During his career in Wärtsilä for over 25 years, he has worked in India, Singapore and Finland managing various strategic roles. His latest role with Wärtsilä has been as Area Director for Middle East Asia based in Singapore.

Commenting on the appointment, Frederic Carron, Chairman, Wärtsilä India Private Ltd and Vice President, Middle East & Asia, Energy Business said, “Venkatesh has an outstanding career spanning over 30 years in the industry. We are confident that his experience in Business Strategy & Transformation, Project & Contract Management, and Quality & Operational Development will further facilitate profitable growth for Wärtsilä in India. We look forward to utilizing his expertise and experience in taking the company’s goal and vision forward.”

“I am honoured and excited to lead an organisation with such a rich legacy, filled with dedicated and passionate individuals. I look forward to enhancing Wartsila India’s market leadership with innovative life cycle solutions and accelerating the Renewables and Decarbonisation journey, propelling the business to greater heights.” commented Venkatesh on his appointment.

In India since the early 1980s, Wärtsilä has contributed immensely to the Power segment of the country. Wärtsilä has 35 years of experience in providing complete lifecycle power solutions for the Indian Marine & Energy markets. Wärtsilä has more than 500 employees in India and has delivered around 250 power plants to India with total output of over 3500 MW. In the Marine market, Wärtsilä has delivered a broad range of solutions to various marine segments, including Navy, Coast Guard, Port Trusts, Merchant Shipping, floating cranes and offshore rigs.

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2020, Wärtsilä’s net sales totalled EUR 4.6 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.