PUMA, a leading name in the sportswear industry, has announced the appointment of Ramprasad Sridharan as the new Managing Director for its operations in India, effective December 2025. This leadership change is part of PUMA's strategic initiative to bolster its market position and enhance brand and digital transformation throughout India.
Ramprasad Sridharan will report directly to Matthias Bäumer, PUMA’s Chief Commercial Officer. He succeeds Karthik Balagopalan, who has decided to pursue new opportunities outside the company. This transition marks a significant moment for PUMA as it aims to redefine its strategy in the competitive Indian market.
Bringing over 25 years of experience in retail and brand management, Sridharan is recognized for his strategic foresight and growth-oriented leadership. His prior roles across Asia Pacific highlight his capabilities in:
Most recently, Sridharan served as the CEO and Managing Director of United Colors of Benetton India, where he led transformative initiatives that modernized the brand’s retail footprint and digital channels.
PUMA has a robust presence in India’s sportswear and lifestyle segments. The brand aims to enhance its omnichannel retail strategy, expand its e-commerce footprint, and build stronger connections with consumers in the country. With India emerging as one of the fastest-growing markets for global apparel and footwear brands, Sridharan’s appointment is poised to drive:
As PUMA prepares for the future under Sridharan's leadership, the brand's commitment to growth and innovation is expected to yield significant results in the Indian market.
Q1. Who is the new Managing Director of PUMA India?
Answer: Ramprasad Sridharan has been appointed as the new Managing Director of PUMA India, effective December 2025.
Q2. What is Ramprasad Sridharan's previous experience?
Answer: He has over 25 years of experience in retail and brand management, most recently serving as CEO of United Colors of Benetton India.
Q3. What are PUMA's goals in India with this new appointment?
Answer: PUMA aims to strengthen its omnichannel retail strategy, expand e-commerce, and enhance consumer connections in India.
Q4. Who did Ramprasad Sridharan succeed at PUMA?
Answer: He succeeded Karthik Balagopalan, who stepped down to explore new opportunities outside the company.
Q5. What strategies will PUMA focus on under Sridharan's leadership?
Answer: The strategies include retail store expansion, digital commerce acceleration, and local market engagement through youth-centric campaigns.
Question 1: Who is appointed as the Managing Director for PUMA India?
A) Karthik Balagopalan
B) Ramprasad Sridharan
C) Matthias Bäumer
D) None of the above
Correct Answer: B
Question 2: What was Ramprasad Sridharan's role before joining PUMA?
A) COO of PUMA
B) CEO of United Colors of Benetton India
C) Managing Director of Reebok India
D) None of the above
Correct Answer: B
Question 3: What is a key focus area for PUMA in India?
A) Reducing retail footprint
B) Enhancing e-commerce presence
C) Decreasing brand visibility
D) None of the above
Correct Answer: B
Question 4: Who will Ramprasad Sridharan report to at PUMA?
A) Karthik Balagopalan
B) Matthias Bäumer
C) CEO of PUMA
D) None of the above
Correct Answer: B
Question 5: What experience does Ramprasad Sridharan bring to PUMA?
A) 10 years in retail
B) Over 25 years in brand management
C) Experience in technology
D) None of the above
Correct Answer: B
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