Milind Sarwate

Independent Director

Milind Sarwate is the Founder and CEO of Increate Value Advisors LLP. “Increate” means “uncreated or undiscovered”. Milind’s mission, expressed through Increate, is to facilitate organisations & individuals to discover, develop & deliver business and social value.

Milind brings over 32 years of experience in finance, HR, strategic planning, business development and product supply, across various sectors, largely consumer products & services, in groups such as Marico and Godrej. Milind held various positions at Marico, including CFO and CHRO and was a member of Marico’s Group Executive Committee. He played a pivotal role in the Marico story by contributing to shareholder value creation, inorganic growth, corporate structuring, information technology, governance, risk management, controls, compliance, talent management, corporate branding and social responsibility.

He currently serves as independent Non-Executive Director on several Boards, such as Glenmark Pharmaceuticals, and House of Anita Dongre amongst others.

Milind was awarded the ICAI Award in the CFO - FMCG category in 2011 and the Best Performing CFO Award - FMCG & Retail in 2012 by CNBC TV-18. In 2013, Milind was inducted into the CFO India Hall of Fame by the CFO India Magazine. Milind is a Chartered Accountant, Cost Accountant & Company Secretary with a B. Com.(Honors) from the University of Bombay. He is also a CII-Fulbright Fellow (1996 Carnegie Mellon University, Pittsburgh, PA, U S A.)

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