Dixit joined Vedanta in 2015 and now succeeds Sudhir Mathur as the CEO. Mathur held the office for seven years.
"His (Dixit) leadership will support Cairn's vision to realise the full potential of Barmer block, grow the offshore business, appraisal of new blocks under OALP-I and DSF-II and in continuing to steer a strong and high growth organisation," a statement by Cairn said.
The company has planned investments worth $3.5 billion over the next 3-4 years which will significantly ramp up its production.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)