| | JANUARY 20248IN FOCUSHINDWARE HOME NAMES SALIL KAPOOR AS CEOCHINA TO APPOINT UNICOM CEO LIU LIEHONG AS HEAD OF NEW DATA BUREAUSalil Kapoor has been named the new CEO of consumer appliance manufacturer Hindware Home Innovation Limited (HHIL), the business announced. Kapoor will supervise the retail and consumer appliance businesses as the head of the consumer business in his new position. He will also be in charge of managing the joint venture for water heaters with the French company Groupe Atlantic.On his appointment, Kapoor said, "I look forward to collaborating with the highly talented team and committed partners to leverage our collective strengths and further build on the company's success, explore new avenues for growth, and deliver exceptional value to our customers and stakeholders."Kapoor is a seasoned professional in the consumer goods sector with vast knowledge of market expansion, innovation, and developing trusting connections with clients. He has held positions with LG Electronics, Samsung, Microsoft, Dish TV, and Voltas in the past. He was previously in charge of Orient Electric's business segment for appliances. One of the companies with the quickest rate of growth in the Indian consumer appliances market is Hindware Home Innovation Limited, a pioneer in the building products industry. In addition to manufacturing, branding, marketing, sales & distribution, and servicing a range of product categories, the company is primarily focused on providing services to consumers.We are a leading player in the country's sanitaryware market and have strong brand equity. We are positioned among the top two faucets players in the country. In the tiles segment, we operate in the premium and super-premium categories and offer an aspirational range to the discerning consumer. China intends to name Liu Liehong, the CEO of state-owned telecoms giant China Unicom, as the head of its new national data bureau, placing him in charge of efforts to turn the nation into a digital superpower. Liu, 54, a veteran of electronics and information technology who also serves as China Unicom's chairman, will take over as director of the National Data Bureau soon.In March, China made plans for the data bureau public as part of a significant political shake-up. Its duties will include organizing China's digital economy, developing and sharing the nation's data resources, promoting smart cities, and facilitating the sharing of information resources across sectors. Its creation is a part of efforts to create the "digital China" that President Xi Jinping envisions, where data management serves as a significant economic driver alongside labor and capital. The nation has also stepped up its enforcement of data security laws by enacting new restrictions in areas like information exports.China revealed a plan in February to take the lead in global digital development by 2035. According to three sources, the bureau will have vice-ministerial level regulatory authority as a symbol of its political significance, placing it on par with China's National Anti-monopoly Bureau, whose position was increased in 2021 during a vigorous antitrust crackdown.The new data bureau will receive some employees from the NDRC's Innovation and High-Tech Development Department, which is in charge of China's big data policy. The Cyberspace Administration of China (CAC), China's internet censor, will also move some employees to the data bureau.
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