BlueStone has announced the appointment of Arvind Singhal as its Chief Operating Officer (COO).
With over 16 years of experience in diverse industries spanning paints (Asian Paints), FMCG (Marico Industries), telecom (Nokia and Reliance) and food retail (McDonald’s India), Singhal last served TaxiForSure as the CEO. At his current role in BlueStone, Singhal is responsible for charting out the growth plans and lead the market on all fronts of brand development, customer acquisition and growing sales and profits.
“We are quite excited to have Arvind on board. Arvind brings in an expertise which is quite diverse and he has taken up various portfolios ranging from marketing to overall P&L. He has worked across various industries. His understanding of consumer behaviour and market is one of the best in the industry which is going to be a great asset for us. As we desire to grow at an accelerated pace, especially for next couple of years, his thought process will surely give strategic direction to individual functions. We are sure that with Arvind coming in, our journey towards attaining our vision will be much smoother.” commented Gaurav Sigh Kushwaha, CEO and Founder BlueStone
Speaking about his move Singhal said, " I am excited about the huge opportunity Bluestone has in the Jewellery market in India which is over $ 50 billion and poised to grow at a CAGR of 14 per cent +. Bluestone brings to consumers a huge selection of contemporary design to choose from and delivered at their doorstep within 48-72 hours."