Chipping in: N Chandrasekaran to chair Tata Electronics
Tata Sons chairman N Chandrasekaran will also assume the role of chairman, Tata Electronics, at a time when the Tata group company has earmarked about $14 billion in investments to spearhead its entry into the semiconductor business.
Chandrasekaran will take over from Banmali Agrawala who has held the post for the last few years. Chandrasekaran who is already chairman of many key Tata group companies will take charge after requisite regulatory approvals. Agrawala, a key Tata Sons aide, has taken on an advisory role recently in the group.
Chandrasekaran's role as chairman is seen as significant as it signals the importance of the semiconductor business to the conglomerate, say insiders.
Chandrasekaran was instrumental in convincing former Intel Foundry Services veteran Randhir Thakur, now CEO & MD, Tata Electronics to join the group in 2023.
This January, Srinivas Satya, formerly country president of semiconductor products group at Applied Materials joined Tata Electronics as chief supply chain officer and president of components business.
Industry watchers said these key appointments coupled with Chandrasekaran's razor-sharp focus have led to the company being at the forefront of India's electronics manufacturing story.
Tata Electronics has hired 50-60 top-level expatriates in recent months, leveraging their extensive expertise in semiconductor technology, strategic planning, and design to bolster its business.
«The board of Tata Electronics now has the management width and heft to scale up the business. It is
