Mahindra & Mahindra is trying to make Jawa Motorcycle stronger. It has worked with auto industry veteran Rajan Wadhera as joint CEO of the bike brand. Wadhera will work closely with CEO Ashish Joshi and report to Classic Legends head director Anupam Thareja.
According to Pawan Goenka M&M Managing Director and CEO, Jawa, CLPL’s two-wheeler business is making large-scale efforts in all areas of the business.
Wadhera, who retired from his government assignment as chairman of the auto sector at Mahindra & Mahindra on 1 April 2020, was the previous president of SIAM (Society of Indian Automobile Manufacturers).
Mahindra & Mahindra acquired a controlling stake in CLPL in 2016 and holds 60% stake in the two-wheeler company.