Jagdish Khattar

Jagdish Khattar is the former Managing Director of Maruti Udyog Limited, where he served from 1993 to 2007. He joined Maruti in July 1993 as director (marketing), and went on to become Managing Director in 1999, first as government nominee, and then in May 2002, as Suzuki Motor Corporation (SMC) nominee. His last day in office at Maruti as MD, at age 65, was on Tuesday, December 18, 2007.[1]

Jagdish Khattar
OccupationBusinessman, Author, Entrepreneur, Former IAS Officer, Ex-MD of Maruti Suzuki

Prior to this post, he has been an officer of the Indian Administrative Service with more than 37 years of experience.[2] He has overseen a restructuring of the company in face of increased competition caused by the foray of various foreign car players in the Indian market.[3] After hanging up his boots at Maruti Suzuki, he has turned an entrepreneur and decided to set up an independent multi-brand pan India sales and service network in the automobile sector. In 2008, Mr. Khattar launched his next venture - Carnation Auto, with a vision of developing a multi-brand automobile sales and service network.

24th December 2019

CBI officials have filed an FIR in the case, where it has named Jagdish Khattar and his company Carnation Auto India Limited for allegedly causing losses of Rs 110 crore to Punjab National Bank (PNB). The investigative agency has registered an FIR under the IPC sections related to criminal conspiracy and cheating on a complaint from Punjab National Bank, the officials said. [4]

Background

He belonged to a family of entrepreneurs who had set up an electricity generation and supply company in Dera Ismail Khan (now in Pakistan) before Partition . His grand father was a member of the Legislative Assembly.

Mr. Khattar completed a Bachelor of Arts (Honours) degree from St. Stephen's College, Delhi and his LLB from Delhi University. He then joined the Indian Administrative Service, serving as:

(a) District Magistrate, Chamoli, UP (1969–72)

(b) Managing Director, UP State Industrial Development Corporation (1975–78)

(c) Director, Tea Board of India, London (1979–83)

(d) Chairman, Tea Board, Ministry of Commerce, Government of India (1983–84)

(e) Chairman and Managing Director, UP State Cement Corporation (1984–86)

(f) Secretary, Department of Transport, Uttar Pradesh (UP) & Chairman, UP State Road Transport Corporation (1986–88)

(g) Joint Secretary, Ministry of Steel, Government of India (1988–93) [2]

Recognition and awards

§ Ernst and Young – Manager Entrepreneur of the Year 2003

§ National HRD Network - Pathfinder CEO of the Year 2006

§ Progress Harmony Development Chamber of commerce – Udyog Ratna (Gem of Indian Industry )

§ The London Metropolitan University, UK - Doctor of Business Administration (Honorary), for his services to the Indian Automobile industry

§ CNBC –Auto Car - Man of the Year 2008

§ NDTV Profit- Auto Man of the Year 2008

§ J.D Power & Associates- Founder’s Award 2008 ( The founder, in the last 50 years, has given only 20 such awards. Present was the 4th to a CEO of an automobile company.)

Industry and government assignments

a) President, Society of Indian Automobile Manufacturers (2003–05)

b) President, Automotive Research Association of India (ARAI) (2005–2007)

c) Member of Empowered Committee on NATRIP (NATRIP, or National Automotive Testing and R & D Infrastructure, is a government-supported project to set up world-class automotive testing facilities in India)

d) Member, Environment Pollution (Prevention and Control) Authority for the National Capital Region set up by the Supreme Court of India

e) Member of the Committee constituted by Ministry of Defence, Government of India, to look into streamlining of systems for procurement of specific items

f) Chairman, sub-committee for restructuring of Defence undertakings & ordnance factories.[5]

References
  1. Jagdish Khattar resigns as Managing Director of Maruti
  2. "An IPO review conducted by myiris.com". Archived from the original on 9 September 2006. Retrieved 14 September 2006.
  3. "Interview conducted by India Infoline". Retrieved 14 September 2006.
  4. Ex-Maruti MD Jagdish Khattar booked for Rs 110 crore bank loan fraud: CBI
  5. Kelkar Committee submits report on defence acquisition
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