Shrikant Madhav Vaidya is the Chairman of Indian Oil Corporation Ltd (IndianOil), a Fortune 500 energy major ranked #94 globally in 2023. A seasoned Chemical Engineer with over 36 years in the petroleum industry, Vaidya has led IndianOil since July 2020, driving it to record profits despite global challenges. Recognized as a top Indian CEO, he is steering IndianOil's vision of becoming a $1 trillion giant by 2047, while ensuring energy security for India.
Vaidya is also spearheading IndianOil’s green energy transition, aiming for net-zero operational emissions by 2046 with a $30 billion investment. His initiatives span sustainable fuels, digital transformation, and biofuel innovation. Under his leadership, IndianOil has excelled in ESG rankings and launched impactful social initiatives like ‘Unbottled’ and prison rehabilitation programs. His commitment to sports and conservation has earned prestigious national and international accolades, cementing IndianOil’s role as a corporate leader in social stewardship.
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