Our Story
Established in 1996 , Magnatech has been on the forefront of electrical and electronics product manufacturing industry at Mysore & Bangalore.
MagnaTech – India, well known for its innovation, quality and commitment to customers worldwide, offers engineering design, development and innovation for various electrical components like Transformers, Inductors, Chokes etc. We offer manufacturing services with or without product design services on a cost plus model for small and large volume of electrical components. The quest for excellence is our eternal pursuit in serving our customers.
200+Employees
50+Countries
1500+Clients
Magna Tech India
- 1Our Mission
- To be innovative, cost effective, globally competitive and surpass the customers’ expectations
- Satisfying our customers is not enough; we want to delight them by offering solutions that make their business very successful.
- Maintaining reliable long-term relationships with clients, suppliers and other stake holders
- A company where employees can grow, change & work as a team to create value, through mutual appreciation & trust
- To be passionate about our corporate social responsibility as an essential & responsible member of the society
- 2Our Vision
To create a truly global brand that provides growth opportunities for the organization, employees, and achieving the goal of becoming the number one across the entire globe.
- 3Our Values
- Delivering high quality products to our customers, under any circumstance.
- Developing trustworthy and reliable relationships with our customers that leads to be considered us as “partners in business”.
- Providing an employee friendly work place that fosters excellence in work.
Our Commitment
Basically we focus on three main commitments
Value Based Commitment
Our business is based upon trusted and integrity that is never compromised and that is how we ensure customer satisfaction. We continue to expand our commitment in world-wide marketing by providing products and services designed to support an ever growing customer’s needs.
Product Commitment
This occurs when customers are convinced that no other offer or company could do a better job of meeting their needs. We look forward to our customer being totally satisfied and their toughest needs having been met. When customers feel that our products are of best quality with greater life span this increases our self-confidence much more and overall it shows our commitment to our valued customers.
Relational Commitment
Our valued customers become attached to our company’s people. An emotional tie is formed with individuals as well as work groups. The customers enjoy a healthy but professional relationship with our management being reliable, competent, empathic and responsive.
Management Team
Talents Behind Our Success
Since its inception the company has been focusing on design and development of high quality Transformers, Inductors, coils and other wound components for various electrical and electronic applications.
Ramesh Shastry
CEO
Ramesh Shastry, Founder of Magnatech, has over 30+ years of Magnetics Designing, Manufacturing, Customer Development and Marketing experience.
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.
M. A. Parthasarathy
Business Consultant
Partha has over 25+ years of software development, project management, managing offshore delivery units and software engineering experience.
Dilip K Somaiya
Chief Mentor
Holds Bachelor’s degree in Electrical Engineering, a Master’s in industrial Engineering and MBA from the University of Houston, Texas, USA.