Suhas Baxi, President and CEO, Pennar Industries, has rich experience and expertise over many years. Prior to taking up his current assignment at Pennar Industries in December 2012, Suhas was Managing Director of Demag Cranes India for over six years; Demag India is a subsidiary of Demag Cranes AG (Germany), a world leader in material handling technology. Demag India manufactures and supplies industrial cranes, automation systems and port technology products in India. Suhas was instrumental in setting up the company?s manufacturing and R&D facility in Pune. His earlier experience includes five years with Triple Point Technology Inc, USA, a software products company in the area of energy trading and risk management, as Head of Asian Operations, and 13 years with Thermax, an Indian major in the area of energy and environment.

He has worked in markets as diverse as India, USA and Asia Pacific with businesses that include engineering equipment, energy trading, distributed generation and energy performance services.

He was Chairman - Pune Zonal Council of the Confederation of Indian Industry (CII) in 2010-11 and member of Western Regional Council of CII.

He is a Mechanical Engineer from VNIT Nagpur and obtained management training at IIM Ahmedabad.