Madhura Banap

Manager - Accounts & Finance at CIE Automotive India Ltd.

Madhura Banap currently serves as Manager - Accounts & Finance at CIE Automotive India Ltd. since March 2024. Prior experience includes participation in the Finance Leadership Development Programme at Eaton from March 2022 to March 2024, and roles as Analyst - FP&A and Subject Matter Expert at Syngenta from January 2020 to February 2022. Previous positions held include Senior Associate at WNS from December 2018 to October 2019 and Article Trainee at U V Shah & Co Chartered Accountants from October 2014 to January 2018. Madhura holds a Chartered Accountant designation from The Institute of Chartered Accountants of India and a Bachelor of Commerce degree from R. A. Podar College of Commerce & Economics, completed in 2016.

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CIE Automotive India Ltd.

CIE Automotive India Limited (‘CIE India’) is a multinational company and a subsidiary of the CIE Automotive Group of Spain. It is listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE). CIE India is the CIE Automotive Group's platform to operate all of it’s automotive components business in South East Asia across all production technologies and forging technology worldwide. CIE India today is a large diversified ‘Tier 2’ auto-components company which manufactures parts, not systems and aggregates, but these parts are complex, and value added thus differentiating it from other ‘tier 2 parts’ companies. CIE India is focused on the automotive market – cars, utility vehicles, commercial vehicles, two wheelers and tractors. CIE India is a multi-locational and multi-technology business with engineering capabilities and manufacturing facilities in India, Spain, Lithuania, Italy, and Mexico. CIE India has an established presence in each of these locations and supplies automotive components to customers based there and overseas. Our manufacturing locations are generally located close to major automotive manufacturing hubs to facilitate supplies to our customers. In certain instances, we also provide services such as value analysis and value engineering to add value to our customers' products. Our unique combination of specialization in high value-added products, which is usually delivered directly to OEMs and our presence across multiple production technologies, differentiates us from other component suppliers.


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