Summary
Overview
Work History
Education
Skills
Areasofexposure
Significanthighlights
Productshandled
Internationalbusinessexposure
Currentaddress
Personal Information
Roles And Responsibilities
Accomplishments
Certification
Timeline
Generic

KARAN MEHTA

DGM-International Business
Dubai

Summary

Dynamic Business leader with over 15 years of experience in the power backup and renewable energy sectors. Achieved 25% CAGR in sales revenue across Africa since last 4 years, spearheading the launch of the Solar category, which generated USD 1.5 million in 2024. Expertise in expanding business into new countries for Luminous, driving sustainable growth in existing highly competitive markets.

Overview

2
2
Certifications

Work History

Deputy General Manager (AFRICA)

Luminous Power Technologies
1 2009 - Current
  • Establishing Business for Luminous energy products in Africa
  • Developing the GTM strategy for conventional and renewable energy products for Africa
  • Ensuring top line and EBITA targets are met for the region
  • Launch new products in battery and Solar from conception till roll out in last two Years resulting in USD 5 million business
  • Achieved market leadership for Luminous Brand in Nigeria and Southern africa
  • 20% CAGR revenue growth rate for Africa from CY 2021 to CY 2024 YTD
  • Initiated business in 11 new countries in past 7 years with a consolidated business revenue of 12 USD Million

Associate

Hewitt Associates
3 2006 - 6 2007

Education

Post-Graduation - Finance and International Business

Institute of Technology and Science

Graduation - ECONOMICS

A.R.S.D College, (Delhi University)

Skills

    Team Leadership & Mentoring

    P&L Management

    Business development

    Sales management

    Negotiation

    Relationship Building

    Strategic Planning

    Market Analysis

    Marketing

Areasofexposure

  • An accomplished professional with expertise in managing International business operations with focus on profitability and achieving the company’s mission & strategic direction.
  • Represented company on various International platforms by visiting International Exhibition & market visit
  • Coordinating in developing process flows with cross functional teams to bridge the process gaps, Implementing and transitioning processes in line with internal guidelines.
  • New product development to address the portfolio gaps and VOC
  • Channel development for existing products and channel validation for new products

Significanthighlights

  • Increased sales by 30 % over previous year, over achieved target of USD 7.7 million against set target of USD 7 million for F.Y 2011-2012.
  • Initiated innovative practices with team effort to help improve operational work
  • Opened new markets: Syria, Lebanon, Myanmar and Palestine in F.Y. 2013-14
  • Opened new markets: Afghanistan, Yemen and Libya in F.Y. 2014-15
  • Opened new markets: Philippines and Dubai in F.Y. 2015-16
  • 100% growth in ME over previous year in F.Y. 2015-16
  • Opened new markets: Senegal and Gambia in CY 2019 and TOGO in CY 2020

Productshandled

  • Inverters
  • Battery
  • UPS
  • Fans
  • Solar Products

Internationalbusinessexposure

  • SE Asia: China, Myanmar, Singapore, Indonesia, Philippines, Vietnam and Cambodia
  • Indian Subcontinent: Bangladesh & Sri lanka
  • Middle East: UAE & Iran
  • Europe: Germany & Turkey
  • Southern Africa: South Africa, Zambia, Zimbabwe and Malawi
  • Western Africa: Nigeria, Senegal and Ghana

Currentaddress

G-44 Kirti Nagar, New Delhi

Personal Information

  • Date of Birth: 10/26/83
  • Gender: Male
  • Marital Status: Married

Roles And Responsibilities

  • Establishing Business in New Markets for existing and new products
  • Business Development for Fans, Inverter, battery and Solar products for West Africa and Latin America
  • Analysis of the competition data to define focus areas and strategic direction
  • Participating & representing Luminous in leading exhibitions like MEEE, GITEX, Canton fair etc.
  • Product development/customization for new & existing markets.
  • Finalizing marketing activities for each region like electrician meet, seminars, dealers meet etc.

Accomplishments

  • Opened 11 new countries and 20 distribution partners in Luminous
  • Selected out of 20 people in International business team to work with BCG for devising strategy for Luminous International Business in 2022 for 3 years
  • 25% CAGR growth in revenue for Africa for last 3 years
  • Sustaining the market leadership of Luminous in Nigeria (Highly fragmented market) and Southern Africa

Certification

MDP from IIM INDORE

Timeline

INSEAD LEVEL 4 Programme on Leadership and Strategy

11-2021

MDP from IIM INDORE

08-2018

Deputy General Manager (AFRICA)

Luminous Power Technologies
1 2009 - Current

Associate

Hewitt Associates
3 2006 - 6 2007

Post-Graduation - Finance and International Business

Institute of Technology and Science

Graduation - ECONOMICS

A.R.S.D College, (Delhi University)
KARAN MEHTADGM-International Business