Leadership Shift: PUMA India's Managing Director Karthik Balagopalan Steps Down

PUMA India's Managing Director, Karthik Balagopalan, is stepping down from his role to prioritize family. Appointed in May 2023, Balagopalan replaced Abhishek Ganguly, who served 17 years. PUMA will announce a successor soon after Balagopalan's departure.


Devdiscourse News Desk | New Delhi | Updated: 28-10-2025 18:43 IST | Created: 28-10-2025 18:43 IST
Leadership Shift: PUMA India's Managing Director Karthik Balagopalan Steps Down
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  • India

The German sports brand PUMA has announced that Karthik Balagopalan, its current India head, is stepping down to focus on family commitments.

Balagopalan was appointed as Managing Director for India in May 2023, succeeding Abhishek Ganguly, who had been with the company for 17 years.

PUMA has stated that an official announcement regarding Balagopalan's successor will be made soon.

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