Gurgaon, March 22, 2018
CNH Industrial (NYSE: CNHI / MI: CNHI) announces the appointment of Raunak Varma
as Country Manager for India & SAARC replacing Mr. Gabriele Lucano who will be
leaving the Company to pursue other interests. In this position, Mr. Varma assumes the
role of Managing Director, overseeing the Company’s operations in the market, for CNH
Industrial (India) Private Limited and Case New Holland Construction Equipment (India)
Raunak Varma has over 20 years of experience in business administration, operations
and finance. He first joined the Company in 2001 assuming roles of increasing
responsibility in the NAFTA, LATAM and APAC regions. Prior to this most recent
appointment Mr. Varma served as CFO and Head of Financial Services in India.
CNH Industrial is present in the market with three manufacturing sites, two dedicated to
agricultural machinery and one producing construction equipment. Furthermore, the
Company operates three R&D centers for agricultural and construction equipment, a parts
depot, administrative offices and an extensive dealer network covering the entire territory
to support its customers.
CNH Industrial group is represented by its New Holland Agriculture and Case IH brands
for Agricultural equipment, CASE Construction Equipment brand for construction
equipment and FPT Industrial for engines and powertrains in the region.
The Company is also actively involved in numerous sustainability initiatives with an aim to
foster the local communities in which it operates.