Mr Arun Karambelkar was on the Board of Directors of HCC Ltd. as Whole Time Director between April 2011 and April 2014. Subsequent to this, he was the President & CEO of HCC E&C Business from April 2014 till April 2018.
At HCC, Mr Karambelkar was responsible for managing business growth through strategic financial initiatives across HCC’s market-segments: namely Hydro Power, Transportation, Water Solutions, Nuclear Power, Industrial Construction, Ports & Marine Works, etc.
Mr Karambelkar possesses a rich and diverse experience of over 37 years in various industries such as automobiles, engineering and electronics. During his career of over 27 years at HCC, he was involved in the strategic functions of Procurement & Sub-contracting, managing HCC’s construction equipment fleet worth US$ 330 million (Rs 1500 crore). The driving force in the application of benchmark ERP practices for Materials Management, he was instrumental in introducing e-Procurement at HCC. Under his leadership, HCC was awarded SAP’s ‘Best Innovation’ award for creative use of their Materials Management module.
In 2010, the Indian Institute of Material Management (IIMM), Mumbai, recognized his contribution to Materials Management and Supply Chain by awarding him the prestigious ‘UNITOP AWARD.’ He is a lifetime member of IIMM since 1982, was a member of the Western Region Committee and the National Councilor also.
Mr Karambelkar is a silver medalist with a Bachelor of Engineering (Mechanical) from Mumbai University and a top ranker in Masters in Materials Management from Pune University.
Mr Karambelkar served as a Director on the Board of numerous HCC Group companies. Presently, he is on the Board of Directors of Steiner India Ltd and Capacite Infraprojects Ltd.