MIDHANI's Steady Hand: Gowri Sankara Rao Naramsetti's Tenure as CMD Extended

Mishra Dhatu Nigam Limited (MIDHANI) has declared the extension of additional charge of Gowri Sankara Rao Naramsetti as Chairman and Managing Director (CMD). This announcement, made on March 28, 2025, will provide continuity to leadership for the strategic defense metallurgical public sector undertaking.

 

Key points:

Naramsetti, a seasoned metallurgist and materials scientist, has played a key role in spearheading MIDHANI's recent projects, such as the creation of niche alloys for India's space mission and the company's growth in the civilian market.

 

During his tenure, MIDHANI has witnessed high growth rates, with the company recently recording a 15% quarter-on-quarter growth in revenue for Q3 FY2025. Extension of Naramsetti's tenure is likely to bring stability to MIDHANI as it forges ambitious growth plans, such as the opening of a new manufacturing plant for titanium alloys.

 

This leadership stability is timely as MIDHANI has a significant role to play in India's defense and aerospace material self-reliance drive.

 

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