Leading EV powertrain manufacturer TSUYO Manufacturing Pvt Ltd has appointed Mr. Naveen Kumar Amar as Senior Vice President – Finance, effective April 1, 2026, in a move aimed at strengthening its financial strategy amid an aggressive growth phase.
Mr. Amar brings over two decades of experience across financial strategy, corporate governance and operational efficiency in capital-intensive sectors. Prior to this, he served as Chief Financial Officer at SpiceXpress, the cargo and logistics arm of SpiceJet, where he led financial restructuring, drove cost optimisation and supported business expansion in a competitive environment. He has also led multiple fundraising initiatives across equity and debt, while leveraging digital tools to improve operational efficiency.
At Tsuyo, he will lead financial planning, capital allocation and governance frameworks as the company scales its manufacturing footprint and deepens investments in EV powertrain technologies. His appointment comes at a time when the company is accelerating its expansion strategy, with a strong focus on localisation, advanced manufacturing and building a robust position within India’s EV supply chain.
Commenting on his new role, Mr. Amar said he looks forward to contributing to Tsuyo’s next phase of growth, highlighting the opportunity to build a financially disciplined and execution-focused organisation that can sustain long-term expansion. He also emphasised the company’s strengths in technology, localisation and manufacturing as key enablers for creating enduring value.
