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Mtandt GroupAnnounces Changes to the BoardwithMr. Pradeep Agarwal as Managing Director andMr. Rakesh Modi as New Chairman
Delhi, Sept 22, 2017,


Mtandt, the trusted leader in providing world class equipment for safely working at height, today announced the appointment of Mr. Pradeep Agarwal as Mtandt’s Group Managing Director and member of the Executive Board effective fromSept, 22, 2017. Mr. Pradeep Agarwal brings more than 33 years of relevant industry experience to his new role and having previously served as Associate Director inMtandt Group. Mr. Agarwal replaces Mr. Rakesh Modi who is shiftedas the non-executivechairman of the board. Mr. Rakesh Modi succeeds his father Late Shri Rajkumar Modi -Founder and Chairman who started the company in 1974.

Mr. Rakesh Modi’s vision and leadership drove Mtandt transformation from a tools and tackles shop to one of the India’s largest and most diversified company. In 2017, Mtandt group scaled its manufacturing facility seven time and become world’s largest and most cost-effective producer of Aluminium Scaffolding systems. Under the guidance of Mr. Pradeep Agarwal, Mtandt is now entering into specialized geo technology solutions and soon will start manufacturing of Neoweb&Neoloy geocells along with temporary access mats Portadeck.

“We are delighted that Mr. Pradeep, who has repeatedly demonstrated that he has the vision and capacity to lead Mtandt into the future, is newManaging Director of Mtandt group,” said Mr. Mr. Rakesh Modi, Chairman, Mtandt Group.

“I am grateful to the board for entrusting me with the leadership of this amazing company. I am always driven by the vision and principles given by our founding chairman.His vision to provide happiness by inspiring enthusiasm, passion, fearlessness and optimism in the lives of people we touch every day will always guide us, not only in business, but also in being a good human being who values human relationship above all.” said Mr. Pradeep Agarwal

About Mr. Pradeep Agarwal

Mr. Agarwal has experience in various leading and transitioning companies to make them leaders within their industries. Prior to Mtandt, Mr. Agarwal worked with Ernst and Young served as Head of Finance and Operations with Harris Corporation. He was instrumental in building and establishing famous women fashion retail brand “W” in India and abroad. Mr. Agarwal held several executive leadership positions ategurucool.com and ONICRA Credit Rating Agency of India, early in his career.
Mr. Pradeep Agarwal is a Chartered Accountant from ICAI, earned bachelor's degrees with honors in Commerce from Shri Ram College of Commerce, Delhi. He served as mentor and guest faculty to various top business schools in India and abroad.

About Mr. Rakesh Modi

Rakesh Modi served as managing director of Mtandt Group from 2014 till 2017 previously he was the CEO of the group from 1984–2014. He Graduated from Madras University and holds Bachelor of Commerce degree thereafter he studied Fall Protection Engineering at Soll, Hof, Germany and underwent Rope Access Training at PETZL Institute - V Axes, Crolles, France.

He joined the company Madras Tools and Tackles Limited (now Mtandt Ltd.) founded by his father Lt. Shri Rajkumar Modi, in 1984 as a chief executive officer and is credited with pioneer in bringing Aerial Work Platform and mobile access platforms in the Indian markets. He moved the focus of the company from traditional industrial product supplier to a specialist in solutions to reach and work at height safely. He brought team of professional to manage the growth of the company and changed the people based management system to system based management.

He is a working at height trainer at National Safety Council and companies like Shell, ITC and Castrol. He represents Mtandt on the board of IPAF India, Builder Association of India and actively associated with the apex industrial body CII (Confederation of Indian Industry).

About Mtandt Group

Mtandt group specialized in Manufacturing, Distribution, Renting, Service and Training of capital equipment.The group is managed by Industry veteransand professionals, with all India presence, it has maintained itself as the largest Aerial Work Platform rental company of India. Mtandt is proactive in entering into partnerships with international market leaders across the world, thus drawing technological expertise and higher returns for its stakeholders. 

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