About

thyssenkrupp, a diversified industrial group with a global turnover of approximately €39bn (2015-16) is headquartered in Essen, Germany. In India, thyssenkrupp has grown to become one of the most trusted names in the fields of industrial solutions, elevators technology, component technology and material services. Ashish Tiwari is the regional general counsel and company secretary for thyssenkrupp India. A standout leader, nominators have praised Tiwari for his significant role as a member of thyssenkrupp Global Legal Leadership Team, formulating global legal strategy to create ‘a world class legal department which includes developing global projects of functional excellence and group regulations and operating instructions of governance importance and functional strategy’. The Indian legal team broadly cover M&A activities, joint venture strategies, strategic litigation and contract management, regional implementation of Group policies and regulations among many others. Tiwari emphasised that every member of the Indian legal team, which consists of six lawyers and one non lawyer, is a key component to the wider team and is guided by the legal head appointed specifically for business in India. The team excels at collaborating with all business units particularly as it is going through structural changes which have consequently changed the roles and responsibilities of the team. ‘The respective legal teams are collaborating with each other and quite successfully sharing knowledge and experience for smooth transition’, adds Tiwari. Among various recent achievements the legal function have recently led the acquisition of IP assets of an Indian company and supported the process for setting up a thyssenkrupp elevators multi-purpose facility (MPF) at Chakan, Pune. As part of the core team, the legal team provided all the support for clearances and approvals from statutory authorities and the responsible in-house counsel received praise for supporting the completion of said multi-purpose facility within the target time and budget.