Consumer electronics brand Onida has appointed Gunjan Srivastava as its new Chief Executive Officer (CEO) and Managing Director (MD), marking a significant leadership change as the company looks to strengthen its position in India’s competitive electronics market.
Srivastava, who has been associated with Onida as an Independent Director, will now take on executive responsibilities to lead the company’s overall business strategy, drive innovation and support long-term growth. The appointment reflects Onida’s focus on adapting to changing consumer preferences and expanding its presence across product categories.
Alongside the leadership change, the company has also appointed Manish Desai as its Chief Financial Officer (CFO). The move is expected to strengthen Onida’s financial planning and operational efficiency as it pursues its next phase of growth.
Srivastava brings over three decades of experience across technology, consulting and business transformation. During his career, he has held senior leadership positions at global organisations, working on digital transformation, strategic planning and business expansion initiatives across industries.
In his new role, he will oversee the company’s business operations while focusing on product innovation, customer experience and operational excellence. Onida believes his expertise in technology and business strategy will help the brand remain competitive in a rapidly evolving consumer electronics industry.
Commenting on the appointment, the company said Srivastava’s leadership experience and understanding of business transformation make him well placed to guide Onida through its next stage of growth. The company also expressed confidence that Desai’s financial expertise will support its long-term strategic goals.
Onida, known for its televisions, air conditioners, washing machines, microwave ovens and other home appliances, has been working to strengthen its product portfolio and improve its market presence amid intense competition from domestic and international brands.
Also Read: RBI starts three surveys ahead of policy