Ramesh Shastry, Founder of Magnatech, has over 20+ years of Magnetics Designing, Manufacturing, Customer Development and Marketing experience. He started MagnaTech in 1996 and has donned the CEO’s role till date.
Before starting Magnatech, Ramesh worked with HICAL Magnetics as a Design Engineer in Bangalore for 3 years.
Ramesh has deep technical expertise in the Electronics and Electrical product development areas and has hands-on experience of more than 20 years. He has played a key role in designing Current Transformers, Reactors, 3 Phase Line Chokes and other Special Transformers for various Electrical / Electronics applications.
As a CEO, his main focus has been to develop new customer base and at the same time develop new products to meet the demands of newer and emerging technologies. Ramesh has continuously driven initiatives covering technology advancement‚ strategic partnerships, and market development, with the goal to strengthen MagnaTech by adopting low-cost‚ high-efficiency pricing techniques.
A with visionary with strategic planning expertise, Ramesh maintains special focus on leading, directing, advancing, and evaluating rapid reaction business demands from customers. Ramesh has transformed the company into an international services provider. He motivates the team and team building is one of his core competencies. Throughout his career, Ramesh has focused on quality service delivery and remained dedicated to the satisfaction of each customer and the communities they serve.
In addition to his responsibilities at the MagnaTech, he is an executive member of Consortium of Electronic Industries of Karnataka (CLIK) and KASSIA.
LAKSHMI SHASTRY, COO
Lakshmi Shastry is the Chief Operational Officer of MagnaTech. She is widely recognized for her role in shaping the Quality in MagnaTech and for her leadership, as well as her contributions to various functions in MagnaTech.
Lakshmi has over 15 + years of Magnetics manufacturing, Quality control, Procurement and HR experience. Lakshmi began her career with MagnaTech in 2003 and was elevated to the Board of Directors of MagnaTech in 2004.
Before working in MagnaTech, she worked for a Multinational company in China for 5 years as a Manager for new products development. She was instrumental in establishing ISO in 2007, and subsequently headed the Production and Quality in Magnatech. In 2008, she took on the challenge of building the LEAN Manufacturing with strong focus on technology, innovation and process re-engineering.
In addition to her responsibilities at the MagnaTech , she is a member of Association of Women Entrepreneurs of Karnataka (AWAKE). She is also a member of the e-MERG (Engineering Manufacturer Entrepreneurs Resource Group).