HNGIL appoints Rakesh Mehta as COO, north after Madhvani takeover

KOLKATA: Hindustan National Glass & Industries Ltd (HNGIL) has appointed Rakesh Mehta as chief operating officer, north, with immediate effect, strengthening its leadership team following its acquisition by Independent Sugar Corporation Ltd (INSCO), part of Uganda-based Madhvani Group, in September 2025.

The appointment signals HNGIL’s post-acquisition push to sharpen operational execution and accelerate growth in northern India. Mehta will oversee manufacturing facilities across the region, with a mandate spanning supply-chain optimisation, production efficiency and market expansion across pharmaceuticals, liquor, beverages and food packaging segments.

Mehta brings more than two decades of experience across finance, commercial operations, contracting and regional leadership. Prior to joining HNGIL, he served as finance head – north at Reliance Jio Infocomm Ltd from 2013, and held senior roles at Reliance Retail, managing distribution, logistics and operations across Gurugram and key northern markets.

Commenting on the appointment, chief strategy and corporate affairs officer Suraj Mehta, said the leadership addition comes at a pivotal moment for the company. He added that Mehta’s operational depth and strategic perspective would strengthen northern operations and support HNGIL’s ambition to retain leadership in container glass manufacturing.

Rakesh Mehta said he was excited to join HNGIL following the acquisition and looked forward to driving efficiency, innovation and scalable growth to deliver world-class glass packaging solutions to customers.

Founded in 1946 and headquartered in Kolkata, HNGIL operates 11 furnaces and 44 production lines, supported by advanced glassmaking technology sourced from Europe and the United States.