New Chairman for CII
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Subbaraman Balasubramanyan, Vice-President, Strategic Initiatives, HCL Technologies Limited, Madurai, has been elected as Chairman of Confederation of Indian Industries (CII), Madurai zone, for 2021-22.
According to a statement from the CII, Mr. Balasubramanyan was elected during the annual meeting of the CII, Madurai zone, held on Saturday. He was the vice-chairman for 2020-2021.
Mr. Balasubramanyan was instrumental in setting up HCL Technologies Limited in Madurai. He was an energetic, result-oriented leader who managed diverse teams. He drove businesses through vision, purpose and empowerment which benefited the customers, employees and the partners, the statement said.
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Spices and herbs extracts market is expected to grow at a CAGR of 8.1% in the forecast period of 2020 to 2027. The growth of this market is attributed to the growing usage of herbs and spices in food and beverages industry.
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