India's Top Firms Shake Up CEOs Amid Fierce Competition and Big Market Challenges
November 14, 2025
India Inc is buzzing with the fastest and biggest change at the top level. Big names in consumer goods and the auto world, such as Britannia, Hindustan Unilever, Hyundai, and BMW, are saying goodbye to their old bosses and welcoming new ones this year. This massive leadership shuffle is happening because the market is no longer easy. "From a simple high-growth market, India has become a complex market to deliver growth and that is taking a toll on CEOs and investors," said Sonal Bahl, partner at Positive Moves Consulting.
These legacy companies are finding it hard to grow. Some are barely expanding, while others see their profits shrinking. The arrival of smart regional and direct-to-consumer (D2C) brands is shaking the ground beneath the big companies' feet. Add to this, fierce demands from boards and investors and a push from global headquarters for multinational companies to keep India thriving even when the world slows down.
Britannia’s story grabbed headlines as its managing director Varun Berry left suddenly after 13 years, causing the company's stock to drop nearly 7% on the very same day. His new successor, Rakshit Hargave, will take charge from December 15, bringing hope and new ideas. Other powerhouse FMCG companies like HUL, L'Oreal, and Hindustan Coca-Cola have also brought new chiefs this year. Even Nestle, Wipro Consumer Care & Lighting, and Haleon have welcomed fresh faces after their leaders retired.
On the fast-moving wheels of the auto industry, similar drama unfolds. Hyundai Motor India named a new Indian managing director. BMW and Hero MotoCorp also changed their leaders as they gear up to grab bigger market shares. Panasonic Life Solutions India witnessed a key transition too, marking a return to Japanese leadership with Tadashi Chiba replacing Manish Sharma.
Experts say the rise of small-town brands is a big reason behind these shifts. "I'd prefer to call them small-town brands over regional brands. That they come from small towns defines their energy and aspiration to grow," said Sandeep Goyal, chairman of Rediffusion ad agency. These brands run cheaper operations and bring fresh zeal, while large firms struggle to grow beyond 2-5% due to their huge base and high costs. A Redseer Strategy report predicts India’s retail market will hit $1.6 trillion by 2030, with over 70% controlled by regional brands.
The auto sector churn is about reinvention. Hero MotoCorp fights hard as former partner Honda MS increases its market share to 26.2%, inching closer to Hero’s 28.2%. Hyundai’s big plans — ₹45,000 crore investment and 26 new models by 2030 — show it means business. Meanwhile, BMW’s new leadership aims to dethrone Mercedes Benz India to claim the luxury throne after almost ten years.
India’s corporate giants are rewriting their stories with new leaders ready to tackle challenges, spark innovations, and seize growth in a fiercely competitive battle.
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Tags:
India inc
Leadership change
Consumer goods
Automotive sector
Market competition
Company Ceos
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