Dhoot Transmission Appoints Nitin Kalani as Group CFO Following Bain Capital Investment
Appointment follows Bain Capital investment, with a focus on financial strategy and efficiency.
Dhoot Transmission Group has appointed Nitin Kalani as Group Chief Financial Officer (CFO). He will report to Founder Chairman and Managing Director, Rahul Dhoot. This appointment follows Dhoot’s recent strategic growth investment from Bain Capital, a global private investment firm.
Nitin brings 21 years of experience across industries including automotive, finance, and manufacturing, having worked with Greenply, Varroc Group, Credit Suisse, RPG Group, Rabobank, and Tata Motors. He has expertise in capital markets, M&A, treasury transactions, and stakeholder management.
Founded in 1999, Dhoot Transmission Group, headquartered in Aurangabad, Maharashtra, was founded in 1999 and has expanded its operations globally. The company specializes in wiring harnesses, electronic sensors, automotive switches, and EV components, catering to two-wheelers, commercial vehicles, off-road vehicles, and farm equipment.
Over the years, Dhoot has pursued strategic acquisitions, including TFC Cables (Scotland), Parkinson Harness (UK), and San Electromec (India), strengthening its presence in Europe and Asia. The company operates 23 manufacturing facilities across India, the UK, Slovakia, Thailand, Japan, and South Korea, serving a diverse customer base.
RELATED ARTICLES
Fire at Hyundai Mobis Plant Raises Risk of Production Disruption at Hyundai Motor India
Blaze at Hyundai Mobis' Irungattukottai facility that manufactures infotainment and electronic modules triggers assessme...
Weekly News Wrap: Tata Motors PV Capacity Push, JSW MG Motor Stake Sale, Toyota’s Karnataka Tech Hub
Tata Motors PV’s capacity and product investment plans, SAIC’s proposed stake sale to JSW, strong May passenger vehicle ...
Balu Forge FY26 Net Profit Rises 27% to Rs 258.9 Crore; Revenue Up 20%
Quarterly net profit increased 4.9% to Rs 65.7 crore from Rs 62.7 crore in Q4 FY25. PAT margin remained at 22.9%.


By Shruti Shiraguppi
05 May 2025
4348 Views
Ketan Thakkar
