Lalit Kumar Gupta appointed as CMD of Cotton Corporation of India (CCI)

Category : Appointment/Resignation Published on: March 21 2023

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The Appointments Committee of the Cabinet (ACC) has approved the appointment of Lalit Kumar Gupta as Chairman and Managing Director (CMD) of Cotton Corporation of India (CCI), a PSU under the Ministry of Textile.
Gupta has been appointed as CMD of CCI with effect from the date of his assumption of charge of the post for a period of five years, or till the date of his superannuation, or until further orders, whichever is the earlier.
Gupta was recommended for the post of CMD of CCI by the PESB panel. Presently, he is serving as Director (Finnane) in the same organisation.
Gupta has a very long association with Cotton Corporation of about 25 years. He joined CCI in August 1994.
CCI was established on 31st July 1970 under the administrative control of the Ministry of Textiles, as a Public Sector Undertaking under the Companies Act 1956.