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ET had reported on Wednesday that Satya was taking over to drive the components business as the conglomerate, which is involved in domestic precision machining and assembly for electronics components manufacturing, looks to deepen its presence in the semiconductor fabrication and packaging segments.
Satya was the former president and managing director of Applied Materials India for eight years and Tata Electronics said he brings extensive experience in managing large organizations and delivering strong business growth in the electronics industry.
“I am honoured to be part of the Tata family,” Satya said. “Creating a sustainable and robust semiconductor manufacturing industry requires a bold vision and tenacity. The Tata group is uniquely positioned to enable this vision and I look forward to contributing my expertise to drive growth.”