3M India board approves Aseem Joshi as president & managing director

The appointment is based on the recommendations of the nomination and remuneration committee.

In his new role, Joshi will take primary responsibility for overseeing the company?s operations and steering its strategic initiatives. He will work closely with the current managing director, Ramesh Ramadurai, to ensure a smooth leadership transition and sustained growth.

Joshi brings nearly 25 years of extensive experience in engineering, consulting, business development, and leadership, having held key positions at renowned global organizations such as IBM, McKinsey, Eaton, and Honeywell. Most recently, he served as the chief executive officer of GMM Pfaudler?s India business from 2021 to 2025.

Academically accomplished, Joshi holds a Bachelor?s degree in Mechanical Engineering from the University of Pune, India, a Master of Science in Industrial and Systems Engineering from Virginia Tech, USA, and an MBA from INSEAD, Fontainebleau, France.

3M India is engaged in Safety & Industrial, Transportation & Electronics, Health Care and Consumer.

The company?s consolidated net profit rose 21.6% to Rs 157.15 crore in Q1 FY26, despite a slight 0.3% decline in revenue from operations to Rs 1,046.57 crore compared to Q1 FY25.

Shares of 3M India shed 0.02% to Rs 30,530 on the BSE.

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