Parag Milk Foods Limited announced the appointment of Sumit Jain as President of Finance. With an extensive background in financial management and a track record of success, Sumit Jain brings a wealth of expertise to the organization, the company said in a statement. A Chartered Accountant, Sumit Jain achieved All India Rank 18 in 2012 and All India Rank 22 in Cost Accountancy in 2013.

He was twice recognized as one of India's top 40 CA's under the age of 40 by the Institute of Chartered Accountants of India. His previous role as Head of Finance at Reliance Luxury Lifestyles (Reliance Brands) provided invaluable experience in leading financial strategies for over 30 luxury brands, including Armani, Jimmy Choo, Coach, Balenciaga, Michael Kors, and Bottega Veneta. He has also worked with Parle Agro, Britannia, and Bauli India Bakes.

In his new role, Sumit Jain will play a key role in driving the company towards new heights of financial success. His strategic vision and proven leadership capabilities will be pivotal in shaping the company's financial strategies and ensuring sustainable growth.