Tata Group Strengthens Semiconductor Manufacturing Capabilities with New CEO Appointment
Tata Group, one of India’s largest conglomerates, has appointed Dr. Randhir Thakur as the CEO and managing director of Tata Electronics Pvt Ltd (TEPL), as part of its strategy to strengthen its semiconductor manufacturing capabilities and gain a competitive edge in the country’s precision machining business. Dr. Thakur, a veteran in the manufacturing space, was previously associated with global electronic chip and circuits manufacturing giant Intel, where he served as the president of Intel Foundry Services.
Dr. Thakur is known for his significant contributions to the development of advanced semiconductor technologies and has deep expertise in ecosystem leadership, process technology equipment, driving mergers and acquisitions, joint ventures, and product development, while collaborating closely with ecosystem partners and customers. His appointment is expected to bring valuable insights and leadership to TEPL as it seeks to expand its presence in the semiconductor fabrication and packaging segments.
TEPL, founded in 2020 as a greenfield venture of the Tata Group, specializes in manufacturing precision components and has a roadmap that extends to semiconductor fabrication and packaging. Its primary manufacturing facility is located in the Krishnagiri district of Tamil Nadu, India. Through TEPL, Tata Group aims to establish a strong foothold in the country’s precision machining and assembly capabilities space.
The appointment of Dr. Thakur as the CEO and managing director of TEPL comes at a crucial time as the demand for semiconductors continues to rise globally, driven by advancements in technologies such as 5G, artificial intelligence, and Internet of Things (IoT). The Tata Group’s move to strengthen its semiconductor manufacturing capabilities reflects its commitment to staying at the forefront of technological innovation and meeting the growing demand for advanced electronic components in India and beyond.
Speaking about his appointment, Dr. Randhir Thakur expressed his excitement and said, “I am honored to join Tata Electronics Pvt Ltd and lead the company in its journey to become a leader in the semiconductor manufacturing space. With the Tata Group’s legacy of excellence and innovation, combined with TEPL’s expertise in precision components, I am confident that we can create significant value for our customers and stakeholders.”
Under Dr. Thakur’s leadership, TEPL is expected to focus on enhancing its manufacturing capabilities, expanding its product portfolio, and strengthening its partnerships with customers and ecosystem partners to drive growth and competitiveness in the precision machining and assembly space. With Tata Group’s strong presence in various industries such as automotive, aerospace, defense, telecommunications, and consumer electronics, TEPL is well-positioned to leverage synergies across the group and become a key player in the semiconductor manufacturing landscape in India and beyond.