Mr. Bhagwat did his Bachelors Degree in Mechanical & Electricals engineering from the University of Pune, M.S. (Mechanical Engineering) from University of IIinois, USA and Diploma in Business Management from the prestigious Bajaj Institute of Management Studies, Mumbai.

He worked in various senior positions both in India and abroad, which includes Blue Star, Yokogawa Blue Star, Total Mechanical Systems Inc., USA, Skidmore, Owings & Merril, Chicago, USA and Managing Director of Tata Honeywell Limited. He is currently advisor to Tata Sons Limited and heading the Corporate Assurance Group, which administers the Tata Brand equity and the Tata Code of Conduct. He is Chairman of the Audit Committee of Walchand PeopleFirst Ltd, formerly, Walchand Capital Ltd.