Dhoot Transmission Appoints Nitin Kalani as Group CFO
Dhoot Transmission Group (Dhoot), a leading manufacturer of automotive components, announced that it has appointed Nitin Kalani as its Group Chief Financial Officer (CFO). He will report to the Founder Chairman and Managing Director, Rahul Dhoot. Dhoot group had recently secured a strategic growth investment from Bain Capital, a global private investment firm and Kalani is the first hire post this transaction.

Kalani has 21 years of experience across diverse industries with organisations such as Greenply, Varroc Group, Credit Suisse, RPG Group, Rabobank and Tata Motors. Prior to joining Dhoot, Nitin was associated with Greenply Industries as its CFO. Kalani has significant experience in capital market transactions such as IPO, QIP and Bonds, M&As, treasury transactions including various local and international fund raise, business finance, accounting and FP&A, equity research, new business entry and JV/stakeholder relationship management.

Kalani is a Chartered Accountant with an all-India merit rank, a CFA charter holder from The CFA Institute, USA and a qualified Company Secretary. 

Rahul Dhoot commented on the appointment, "We are pleased to have Nitin join us during the current growth phase where we are seeing a transformation of our business. Nitin will be closely working with us in driving profitable and sustainable growth, improving cost efficiencies and corporate finance."

Founded in 1999, Dhoot Transmission Group is a global leader in two-wheeler and three-wheeler wiring harness. The company’s advanced Wiring Harnesses also power Heavy and Light Commercial Vehicles, Off-road Vehicles, and Farm Equipment in ICE and EV segments across the globe. Over the past 25 years, Dhoot Transmission Group has also diversified in Electronics Sensors & Controllers, Automotive Switches, Connection Systems and an array of EV products, including charging guns, inlets, off-board chargers, RCDs, high voltage and low voltage wiring harness, and assembly of Li-Ion batteries. This growth has been fueled by a strong focus on innovation, customer-centric approach, strategic acquisitions, and technology partnerships. Dhoot Transmission Group has also expanded internationally, employing over 10,000+ people across 20+ state-of-the-art manufacturing facilities in India, the UK, Slovakia, and Thailand.