On Tuesday, Tata Group announced the appointment of Dr. Randhir Thakur as the CEO and managing director of Tata Electronics Pvt Ltd (TEPL). The move is part of Tata Group’s strategy to enhance its semiconductor manufacturing capabilities and gain a competitive advantage in India’s growing precision machining industry.
Before taking charge as the CEO and MD of TEPL, Randhir Thakur served as the President of Intel Foundry Services. He is a seasoned professional with extensive experience in the manufacturing sector, as per reported by Livemint.
N. Chandrasekaran, Chairman, of Tata Sons Pvt. Ltd. (the holding company of Tata Group) said, “We are delighted to welcome Dr. Thakur as part of the Tata Group. The roadmap for Tata Electronics is exciting and Dr. Thakur’s in-depth knowledge and multi-functional experience will bode well for the company.”
“I am confident that under his leadership, Tata Electronics will lead India to take its rightful position in the global semiconductor and precision manufacturing industry,” added Chandrasekaran.
TEPL is a greenfield venture of the Tata Group and primarily functions as an electronic component manufacturing firm. Its primary manufacturing facility is situated in the Krishnagiri district of Tamil Nadu, India.
“I am excited to contribute to building Tata Electronics as an integral and trusted part of the global electronics industry enabling our customer’s success. For semiconductors as well as precision manufacturing, we intend to deliver innovation, quality, and cost advantage with speed and at scale,” said Dr. Thakur.
The Tata Group aims to establish a foothold in India’s precision machining and assembly capabilities industry through TEPL.
“He has made significant contributions to the development of advanced semiconductor technologies. He has deep expertise in ecosystem leadership, process technology equipment, driving M&A and joint ventures, and product development, while collaborating closely with ecosystem partners and customers”, said the press release.