MUMBAI, INDIA, 20 September 2024 – Leading global professional services firm Alvarez & Marsal (A&M) India has announced the appointment of Bharat Garg and Sameer Amte as Managing Directors in its Business Transformation Services practice. These appointments align with A&M’s strategy to expand capabilities across key sectors in India by attracting top talent and providing clients with comprehensive solutions. The firm remains focused on delivering bespoke services to support clients in the consumer, retail, and industrial sectors, helping them navigate challenges to unlock growth opportunities.

Bharat Garg, based in Mumbai, brings over 16 years of strategic consulting experience across diverse sectors including FMCG, direct-to-consumer brands, fashion, and retail. Bharat has been driving large-scale business transformations, corporate strategy formulation, and end-to-end margin improvement for clients globally. His prior role as a Partner at Boston Consulting Group (BCG) saw him lead key transformation projects for global Fortune 200 companies, significantly improving operational efficiencies and strategic outcomes. At A&M, Bharat will focus on expanding A&M’s consumer and retail practice and strengthening the firm’s capabilities in end-to-end transformation and driving operational improvements.

Sameer Amte, based in Pune, joins A&M with over 20 years of consulting experience across industrial, retail, and life sciences sectors. Sameer has a proven track record in EBITDA improvement programs, digital transformation, supply chain planning, and omni-channel transformation initiatives. Prior to joining A&M, Sameer held senior leadership roles at Accenture Strategy and Consulting leading the retail and life sciences practice in India. Sameer has spearheaded major digital transformation projects, helping clients navigate complex challenges in sales, supply chain, and cost optimization. At A&M, Sameer will strengthen the firm’s industrial sector capabilities and leverage digital strategies to drive growth for clients across sectors in a rapidly evolving market.

Himanshu Bajaj, Managing Director and India Co-Country Leader at A&M, said:

 “Bharat and Sameer’s appointments underscores our commitment to strengthening the leadership team and expanding our service offerings in India. Their deep expertise in the industrial and consumer sectors, combined with their ability to deliver practical, hands-on solutions, will help our clients unlock new growth opportunities. As we continue to grow and evolve in India, their leadership will be instrumental in ensuring we meet the needs of businesses looking to thrive in this fast-changing landscape.

Bharat Garg, Managing Director at A&M, commented:

 “India’s rising income levels and the corresponding growth in consumer spending are reshaping the consumer and retail landscape. Companies need to adapt to the evolving demands of customers to stay relevant. A&M’s operational expertise and deep understanding of market dynamics position us uniquely to deliver solutions that help businesses scale effectively and profitably while staying responsive to consumer needs. I am excited to join A&M and contribute to its mission of driving transformative growth for clients globally.

Sameer Amte, Managing Director at Alvarez & Marsal, added:

 “India’s industrial sector is poised for substantial growth, fueled by “Make in India” initiative launched by the GOI to promote investments coupled by shifts in global supply chains. The organizations have a unique opportunity to take advantage of this dynamic situation and expedite their growth ambitions. However, organizations must carve out clear growth path, and strengthen their operations by leveraging digital and gen AI to give themselves an excellent chance to take advantage of this opportunity. A&M’s unique combination of developing growth and RTM strategies, digital led operational excellence and global reach enables us to deliver comprehensive solutions that drive transformation agendas of the organization. I am happy to join the firm at such a dynamic time and look forward to helping our clients achieve their strategic goals.”