Business Icon award for Siegwerk's Ashish Pradhan

The Business Icons of India 2022 platform has been powered by research conducted in partnership with Allegiant Market Research, after appraising leaders on the following parameters: organisational performance, adaptability, crisis management, multi-stakeholder capitalism, accelerating problem-solving, innovative thinking, CEO peer network perspectives and employee engagement.

During the event, Ashish Pradhan also participated in a panel discussion: Navigating the Storms of Leadership along with Vijay Chandok, managing director, ICICI Securities; N Jayakumar, managing director, Prime Securities; Lav Chaturvedi, executive director and chief executive officer, Reliance Securities and Navneet Bansal, chief executive officer, JSW Global Shared Services. The session was moderated by Faridun Dotiwala, partner at McKinsey & Company..

Two years ago, Siegwerk announced the appointment of Ashish Pradhan as the president of Siegwerk Asia. In this role, Ashish took over the responsibility for South East Asia in addition to his current responsibilities for India and Greater China. Ashish Pradhan is a graduate in engineering with post-graduate qualifications in management. He joined Siegwerk in 2015 with more than 24 years of industry experience globally with companies such as Huhtamaki, Positive Packaging, Henkel and International Paper. Since taking over as CEO India in April 2016, he has successfully increased both sales and profitability and in his recent role as president India and Greater China, was also able to turn around Siegwerk’s business in China.

Two months ago, Ashish Pradhan was in the news when Siegwerk Group invested Rs 21.22 crore into a blending facility. The facility which was virtually inaugurated boasts of a blending capacity of over 13,500 metric tonnes. Earlier, the solvent-based warehouse had an initial capacity of 150 MT; now it is 700 MT.

During the program, Ashish Pradhan, president, Siegwerk Asia commented, “Siegwerk’s path-breaking innovations and developments in our production technology has made us industry leaders. The packaging ink industry in Asia has grown by more than 10% in the past two years and there has been an over proportional increase in the flexpack business which has boosted our confidence in expanding our manufacturing capacities in the India region."

In the past year, Siegwerk has built a lot of customer-first offerings and the ink major intends "to build on this robust momentum in 2022, starting with the blending centre".