Sharad Agarwal has stepped down as the head of Lamborghini India. Sources tell our sister publication Autocar Professional that he has joined Classic Legends as its Chief Business Officer. Agarwal has assumed his new role this week and will report to the CEO Ashish Joshi.
Agarwal, an automotive industry veteran with over 23 years of experience, has worked with Skoda Auto Volkswagen India Private Limited for over a decade. Under his leadership at Lamborghini, India sales crossed the landmark of over 100 cars annually. Before leading Lamborghini as India’s head, Agarwal was head of sales at Audi India, where the Ingolstadt-based luxury car maker rose to become the country’s number-one brand.
Skoda Auto Volkswagen India confirms Agarwal’s exit
In an official response, a Skoda Auto Volkswagen India spokesperson confirmed the development and said, “Škoda Auto Volkswagen India, with its five aspirational brands – Volkswagen, Škoda, Audi, Porsche, and Lamborghini, is committed to the Indian customers. Sharad Agarwal, the Brand Director of Lamborghini India, has decided to move from the Group after several years of service. We thank Sharad for his commitment and contribution in strengthening the Brand Lamborghini in India. We will announce his replacement in due course.”
Agarwal, who started his career with TVS Motor Company, is seen as a turnaround specialist and has scaled up multiple businesses in his professional life of over two decades.
This is sort of an homecoming for Agarwal, who had previously worked with the Mahindra Group. He was amongst the first lot of people who joined Mahindra’s First Choice Business and scaled the used car division to around 40,000 cars per annum in a segment that was beginning to witness the market getting organised. Agarwal spent over half a decade at Mahindra First Choice.
An email sent to Classic Legends, however, is yet to elicit any response.
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