New Delhi, August 8, 2025 – At the recently held meeting of the Governing Council of the Indian Construction Equipment Manufacturers Association (ICEMA), the Association elected its new office bearers for the 2025–27 term.
Deepak Shetty, CEO & Managing Director of JCB India Ltd., has assumed the role of President of ICEMA for 2025–27. He succeeds V. Vivekanand, Managing Director, Caterpillar India Pvt. Ltd., who served as President for the term 2023–25.
Shetty brings over three decades of global leadership experience to the role, having led strategic initiatives in manufacturing, sustainability, and future-ready technologies. As President-Designate of ICEMA during the 2023–25 term, Shetty played an active role in shaping the industry’s sustainability roadmap, contributing significantly to dialogues around clean energy transition, skilling, and export competitiveness. A vocal proponent of “Make in India” and infrastructure-led growth, Shetty envisions ICEMA playing a larger role in driving strategic partnerships, enhancing global collaboration, and advocating robust policy frameworks to support the Indian Construction Equipment (CE) industry’s growth.
Ramesh Palagiri, Managing Director & CEO, Wirtgen India Pvt. Ltd., has assumed the role of President-Designate of ICEMA for 2025–27.Shalabh Chaturvedi, Managing Director – India & SAARC, CASE Construction Equipment India Pvt. Ltd., has assumed the role Vice President of ICEMA for 2025–27.
