Professional Role and Experience
Dhaval Lad currently serves as Lead Indirect Procurement at Coromandel International Limited, a prominent Indian agrochemical and fertilizer company headquartered in Surat, Gujarat. His role focuses on managing indirect procurement processes, which typically involves sourcing non-production goods and services essential to the company's operations. His prior experience at Coromandel includes the position of Manager, Procurement Technology Transfer since at least September 2019. This indicates a progressive career trajectory within the procurement and supply chain domain at Coromandel.
Before his tenure at Coromandel, Dhaval held roles relevant to procurement and project management, including a position as Project Procurement Manager at UPL Ltd., demonstrating experience within the agrochemical sector.
Educational Background
Dhaval Lad obtained an MBA in Marketing from Gujarat University between 2003 and 2005. This academic foundation supports his expertise in procurement, supply chain management, and strategic sourcing, aligning with his current managerial responsibilities.
Professional Network and Location
Based in Surat, India, Dhaval has built a significant professional network of over 500+ LinkedIn connections, evidencing strong industry connectivity and potential influence in procurement and supply chain circles.
Skills and Expertise
His professional skills encompass:
- Procurement & Sourcing
- Supply Chain Management
- Vendor Management
- Strategic Supplier Relationships
- Technology Transfer in Procurement
These competencies are crucial to supporting Coromandel International’s supply chain efficiency and cost-effectiveness in a competitive agrochemical sector.
Company Context and Relevance
Coromandel International Limited is a key player in the fertilizers and agrochemicals market, recently reporting notable expansions and acquisitions:
- Acquisition of a 53% controlling stake in NACL Industries Ltd. for Rs 820 crore (announced March 2025, completed by August 2025).
- Investment of US $7.70 million to raise stake in BMCC, a Senegalese agrochemical firm, alongside plans for a bagging plant expansion.
- Coromandel reported a 62% profit increase in Q1 of fiscal 2025, signaling strong business performance and growth momentum.
The company's active acquisition strategy and expansion into new markets reflect a growing supply chain complexity where procurement plays a critical strategic role. Dhaval’s procurement leadership is therefore central to supporting these corporate developments through sourcing efficiencies, supplier integration, and technology transfer initiatives.
Awards and Recognition – Corporate
While no individual awards or recognitions for Dhaval Lad were identified, Coromandel International has recently received accolades relevant to its operations, such as:
- Silver Award for EHS Excellence in Manufacturing Sector (2024) from the CII-SR EHS Excellence Awards.
- Gold Award in Carbon Conscious Actions at the CII National Excellence Practice Competition (Sarigam Plant, January 2025).
These recognitions underscore Coromandel’s commitment to operational excellence and sustainability, areas where procurement often plays a supporting role.
Implications
Dhaval Lad’s expertise in indirect procurement and technology transfer within a leading agrochemical firm complements Coromandel’s aggressive growth and acquisition strategy. His role likely entails managing vendor relations, contract negotiations, and integration of new suppliers related to recent acquisitions and investment projects. His marketing MBA supports strategic alignment of procurement efforts with broader corporate goals.
Understanding Dhaval’s position and experience provides insight into Coromandel’s procurement priorities, particularly in managing the supply chain complexities introduced by new acquisitions and international expansions. His influence in procurement decision-making could be pivotal in addressing Coromandel’s sourcing requirements and supply chain innovations.
LinkedIn Profile: [Dhaval Lad](http://www.linkedin.com/in/dhaval-lad-a86a1422b)
Location: Surat, Gujarat, India
Current Position: Lead Indirect Procurement, Coromandel International Limited
Previous Position: Manager Procurement Technology Transfer, Coromandel International Limited
Education: MBA in Marketing, Gujarat University (2003–2005)
