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Schaeffler India CEO Taken Into Police Custody in Pune Factory Death Investigation

Schaeffler India CEO Harsha Gopal Kadam was taken into police custody as part of an investigation into two worker deaths at the company’s Pune factory.

SCHAEFFLER

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05:05:04 PM UTC
SquawkNews
New Delhi, Oct. 20 -- Schaeffler India CEO and Managing Director Harsha Gopal Kadam was taken into custody on October 19 in connection with an investigation into a factory accident in June that killed two workers, the automotive and industrial parts maker said in an exchange filing on Tuesday.Kadam…

Schaeffler India, a leading Tier 1 automotive component supplier to companies including Maruti Suzuki, Tata Motors, Mahindra & Mahindra and Hyundai Motor India, has seen its Managing Director and Chief Executive Officer Harsha Gopal Kadam taken into police custody as part of an investigation into t…