Rajeswari Srinivasan has been named CEO of India’s top ethnic wear company.
On April 17, Rajeswari Srinivasan was appointed as the new CEO of FabIndia, succeeding Viney Singh who recently retired. Srinivasan previously held executive positions at various TATA Group companies, including Rallis India, Tata Consumer, Indian Hotels, and Titan Company.
Rajeshwari holds an MBA degree from the Indian Institute of Foreign Trade (IIFT) and a postgraduate diploma in Business Administration from Madras Christian College.
Founded in 1960, FabIndia has a nationwide presence with 309 stores and experience centers, 74 Organic India stores, and multiple retail touchpoints. The company collaborates with nearly 50,000 rural artisans and over 12,000 farmers.
FabIndia, a prominent Indian ethnic wear and lifestyle retailer, has received investments from several investors, including Premji Invest, the investment firm of Azim Premji, and Nandan Nilekani. Premji Invest currently holds a 7% stake in the company.