Cmde Hemant Khatri set to be next CMD of HSL

New Delhi: Cmde Hemant Khatri is set to be the Chairman & Managing Director (CMD) of Hindustan Shipyard Limited (HSL), a Miniratna PSU under the Ministry of Defence. Khatri's name has been recommended by the Public Enterprises Selection Board (PESB) panel on Thursday. He is currently serving as Director (Strategic Project) in the same organisation. Currently, RAdm LV Sarat Babu holds the position.

Khatri has been recommended for the post of CMD of HSL from a list of four candidates who were interviewed by the selection panel. Two candidates on the list, including Khatri, were from HSL. The other candidates were from Shipping Corporation of India and the Indian Navy.

Hemant Khatri, who is currently serving as Director (Strategic Project) of HSL, has been recommended for the CMD post by a PESB panel on Thursday

Background

Khatri is a former Indian Navy officer. He had joined HSL board in April 2017. He has vast experience in ship construction and repairs. He had served Naval Dockyard, as well as at the headquarters in various capacities. As the officer-in-charge of the Indian Naval Team deputed to Euro Shipyard in Italy for three years, he had overseen the construction and delivery of Navy's Fleet Tankers INS Deepak and INS Shakti.

Hindustan Shipyard Ltd

Hindustan Shipyard Limited (HSL) is India's premier shipbuilding organisation catering to the needs of shipbuilding, ship repairs, submarine construction and refits as well as design and construction of sophisticated state-of-the-art offshore and onshore structures. Direct sea access, excellent infrastructure, skilled workforce, rich expertise garnered over the years in building 189 vessels and repairing 1968 vessels of various types enable HSL to offer competent services for the defence and maritime sectors.