Nitin Bachchavat Joins Munjal Auto Industries Ltd as CFO & Key Managerial Personnel

Nitin Bachchavat has been appointed as the Chief Financial Officer (CFO) & Key Managerial Personnel at Munjal Auto Industries Ltd, bringing with him more than two decades of rich experience across M&A, Business Strategy, Controllership and Business Operations. A Qualified Chartered Accountant and an IIM Kolkata alumnus with an Executive Program in Business Management (EPBM), Nitin has consistently delivered impact in multinational corporations, large Indian conglomerates, and fast-growing startups.

Nitin’s professional journey reflects his versatility across industries and geographies. He has worked with global giant DuPont for 11 years in both Regional and India leadership roles, gaining deep exposure to financial planning, controllership, and treasury. He has also driven strategic growth and financial transformation at renowned Indian conglomerates such as Hindalco, DCM Shriram and Kalpataru Power, and brought his expertise to the dynamic startup ecosystem during his tenure at Rivigo. Most recently, he served as Deputy CFO at Ascend Telecom (Erstwhile India CFO at Tower Vision India Pvt Ltd.)

His diverse industry exposure spans across Agrochemicals, Seeds, Fertilizers, Food and Nutrition, Fluorochemicals, Metals, EPC, Polymers, Logistics and Telecom, equipping him with a broad understanding of business complexities. He has successfully led high-impact areas such as FP&A, Business Strategy, M&As, Revenue Assurance, Auditing, Taxation, Treasury, Credit Management and Statutory Compliances, along with hands-on expertise in SAP (S4 HANA), Oracle, Concur, and Tally. His experience also includes leading large-scale finance transitions in Shared Service Centers across O2C, P2P, R2R and H2R.

Recognized for his collaborative leadership style, Nitin currently manages a strong finance team of over 50 professionals. He has worked extensively with Big 4 accounting firms and is adept at building governance frameworks that align with global standards such as SOX compliance. His Six Sigma Green Belt certification further underlines his commitment to process excellence and operational efficiency.

By joining Munjal Auto Industries Ltd, Nitin brings a powerful combination of strategic foresight, financial rigor and cross-industry expertise. His appointment is expected to further strengthen the company’s financial governance, enhance operational resilience, and support Munjal Auto’s long-term growth ambitions in the evolving auto components industry, renewable energy, aerospace, defence and other engineering sectors.

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