Shreyansh Varma

Shreyansh Varma

High-impact operations and general management professional with 11+ years at IndianOil, leading cross-functional teams across quality assurance, technical services, project execution, and business development. Scaled high-value business verticals across LNG, aviation, refinery, and defence, while driving innovation, regulatory excellence, operational efficiency, and reliable execution in complex, asset-intensive energy and manufacturing environments.

Work Experience:

11.9 Years

Industry:

Energy & Utilities | Government & PSUs | Manufacturing & Engineering

Function:

General Management | Operations & Supply Chain | Project & Program Management

Work Experience

Indian Oil Corporation Limited (India's largest integrated energy company) l Nashik

Senior Manager (Cryogenics - Quality Assurance & Technical Services)

  • Enabled IndianOil Cryogenics to achieve 5x revenue growth, adding ₹100+ Cr in annual business between 2014 and 2025 by establishing new verticals: Aviation Equipment, Refinery Vessels, and LNG/LCNG Stations.
  • Spearheaded a 30+ member cross-functional team to deliver IOCL’s first 6 fully operational LNG stations worth ₹36Cr, coordinating directly with PMO-monitored timelines to complete commissioning in record industry time.
  • Unlocked a ₹100Cr+/year revenue stream by heading end-to-end product development, prototype testing, and mass-production design for LNG fuel tanks.
  • Expanded international business footprints by coordinating cross-border testing with TUV SUD in Germany to secure Cryogenic ISO container certifications.
  • Co-led a ₹400Cr greenfield plant expansion in Dindori by executing strategic procurement of heavy fabrication machinery equipped with IIoT 4.0 for India’s largest Cryogenics manufacturing factory.
  • Delivered a critical LoX Handling Skid to Air Liquide (France) for testing before formal handover to NMRL (DRDO).

Manager (Cryogenics - Quality Assurance & Technical Services)

  • Drove 100% YoY revenue growth by optimizing QA workflows, enabling the Cryogenics division to post its highest-ever turnover in FY 2022-23.
  • Contributed to securing an Indian Navy order - the group’s largest single contract - by validating a specialized cryogenic system.
  • Secured a prestigious GreenCo Silver Rating for the manufacturing facility by steering employee training and report compilation for industrial water management and sustainability innovation.
  • Generated ₹3Cr+/year in recurring savings across 5 LNG stations by designing and implementing an innovative boil-off gas loss reduction system.
  • Compressed client delivery timelines by 22% by deploying a custom MS Access/VBA project-management tool to synchronize cross-functional milestones.
  • Secured 270+ critical statutory approvals by liaising with PESO, BIS, and international third-party inspectors to prevent delivery bottlenecks.

Assistant Manager (Quality Control)

  • Oversaw development of the Containerized Tank and Module, enabling setup of 50+ Aviation Fuel Points under the RCS UDAN scheme at 50% lower cost and time; subsequently patented by IOCL (2018 21046925).
  • Delivered ₹20Cr+ worth of indigenously manufactured Medical Oxygen tankers under PM Cares Fund during COVID.
  • Guided development and testing of the 5 kg Aluminium LPG Cylinder, leading to the creation of IS 17613:2021.
  • Reduced manufacturing defect rejection rates from 3% to <1% by automating the cryogenic dewar adhesion line.
  • Lowered baseline contract tender rates by identifying, testing, and onboarding 30+ specialized manufacturing vendors, while resolving technical and commercial queries for 200+ active tenders on GeM/e-Tendering portals.

Officer (Production)

  • Developed India’s first 19kL Aviation Refueller and delivered 60+ units to multiple locations across India.
  • Managed a ₹10Cr+ product portfolio, coordinating production, design, and quality assurance to deliver pressure vessels to major refineries.
  • Slashed component costs by 80% by manufacturing IOCL’s patented CLO and feed injector technology for the Gujarat Refinery.
  • Substituted expensive imports to cut costs by 60%+ by developing indigenized components such as compensator venturis, 4-way valves, and visi-flows.
  • Integrated a high-capacity 75kL LN2 storage tank system worth ₹2Cr+ for ISRO’s spacecraft cryogenic-engine testing setup.
Accomplishments
  • Promoted for exemplary performance (2014-2026) - Earned three fast-track promotions (Officer to Senior Manager) - the minimum at IOCL for outstanding results and leadership.
  • Group Leader - winning Action Learning Project, HANSA Leadership Program; led free eye-screening camps raising ₹150k+ and benefiting 1,600+ people.
  • Represented Team Nirma and secured 2nd place at Robocon India 2012, a national robotics competition organized by Doordarshan with 66 engineering institutions.
  • Led 6-member team as Management Representative / Nodal Officer through external audits, securing ISO 9001 renewal with zero non-conformities.
Education

 

  • B. Tech (Mechanical Engineering) – Nirma University, Ahmedabad
Certification
  • General Management Program - “Cutting Edge for Wealth Creation”, MDI Gurgaon / IOCL, 2025.
  • HANSA Leadership Development Program, IIM Raipur / IOCL, 2024.
  • Harvard ManageMentor: Completed 41 courses as part of a selected employee program.
  • Excel skills for Business: Advanced, Macquarie University, Australia.
Extra-curricular
  • Recognized as a subject matter expert on Cryogenics - Quality Control module for Swadhyaya, IndianOil’s e-learning platform, creating top-rated content.
  • Organized an expansive green-canopy drive in Nashik, gathering volunteers to plant 250+ tree saplings while driving public environmental awareness.
  • Served as Technical Head, Mechanical Engineering Students’ Association, Nirma University; led events, sponsorships and industry-academia interactions.
  • Member of the team which secured second place in drama competition at the cultural festival of Nirma University; contributed to script, stage execution and performance delivery.