Exclusive: HM’s ex-MD Uttam Bose is now MD, HMFCL
Uttam Bose, who resigned as managing director, Hindustan Motors (HM) on May 9, has taken up the role of managing director of Hindustan Motors Finance Corporation Ltd (HMFCL), a wholly owned subsidiary of HM.
28 May 2014
16564 Views
Share -
Uttam Bose, who resigned as managing director, Hindustan Motors (HM) on May 9, has taken up the role of managing director of Hindustan Motors Finance Corporation Ltd (HMFCL), a wholly owned subsidiary of HM.
Autocar Professional had, on May 10, reported that Bose will remain within the CK Birla Group and may take a new position at HMFCL, which owns the company’s Chennai car plant. Bose is also an additional director at Hindustan Motors, as announced by the company on May 10.
The Chennai car plant is a profitable unit, which currently assembles Mitsubishi and Isuzu vehicles. HM’s first plant in Uttarpara has suspended operations since May 24 May due to a large accumulation of liabilities.
RELATED ARTICLES
JSW MG Motor launches Comet EV Blackstorm edition
Autocar India
26 Feb 2025
The key highlights of the Comet EV Blackstorm, which is now the top-end variant, are its ‘Starry Black’ exterior along w...
Maruti Suzuki begins production at new Kharkhoda plant
Ajit Dalvi
25 Feb 2025
Phase 1 of the Kharkhoda plant will have an annual production capacity of 250,000 units and produce the Brezza compact S...
Eurogrip aims for price parity with ICE in low rolling resistance tyres
Autocar India
17 Feb 2025
With its two-pronged approach that focuses on optimising energy consumption in the manufacturing process of low rolling ...
