The Appointments Committee of the Cabinet (ACC) has approved Lalit Kumar Gupta as the new Chairman and Managing Director (CMD) of the Cotton Corporation of India (CCI), a public sector undertaking under the Ministry of Textile.
The Department of Personnel & Training (DoPT) has issued an order stating that Gupta will immediately assume the role of CMD of CCI for a term of five years.
Gupta is currently serving as the Director (Finance) within the same organization. Gupta has an MBA in Marketing from the ITM Business School in Navi Mumbai and is a certified Chartered Accountant (CA) by the Institute of Chartered Accountants of India (ICAI). Additionally, he is a member of the Institute of the Company Secretaries of India (ICSI).
Gupta has an extensive background in Finance and related sectors, with approximately 25 years of experience with the Cotton Corporation, having joined in August 1994.
The Cotton Corporation of India (CCI) is a public sector undertaking under the Ministry of Textile. Established in 1970 CCI is responsible for the procurement, trade, and export of cotton, as well as providing support to farmers through various initiatives.
With Lalit Kumar Gupta appointed as the new Chairman and Managing Director of CCI, the organization is set to continue its mission of promoting the cotton industry in India.
