GFG Alliance, the parent company of the international industrial and metals group Liberty House, has announced that it has appointed Mahendra Singh Mehta, one of India’s most experienced and senior industrial leaders, to oversee the establishment of its fast-growing business across India.
Mr. Mehta, former CEO of Anil Agarwal’s global natural resources and metals group Vedanta, and more recently CEO of Reliance Infrastructure, now becomes GFG's Country Head for India, responsible for building the group’s business across the country, which will include building corporate governance structure for the group.
The announcement comes only days after the National Company Law Appellate Tribunal (NCLT) made orders clearing the way for Liberty House Group, part of GFG Alliance, to acquire automotive component giant, Amtek Auto, and steel manufacturer Adhunik Metaliks, with a combined Indian workforce of more than 7,000 people. This will take GFG’s global workforce to 21,000 and its turnover to $17 billion.