Ramesh Vaswani
Angel Investor
New Delhi, India
Ramesh Vaswani is a startup investor in New Delhi. Ramesh A. Vaswani is the Executive Vice Chairman of Intex Technologies and is responsible for organizational and business development, strategic decisions and overseeing the operations.A gold medalist in Mechanical Engineering from the Indian Institute of Technology-Madras, Chennai, Ramesh Vaswani has 44 years of vast and rich industryexperience in various sectors in India and overseas, including refrigeration, diesel engines, automotive components, plastics processing and packaging, small appliances, electric motors, industrial flexible metal hoses, Software applications, IT hardware, etc. He has been a member of various committees at CII and PHD Chamber and was also Vice-Chairman of Indo-Italian Chamber of Commerce and Industry (NR). Currently he is a member of CII National Committee on ICTE Hardware ManufacturingHe started his career in 1965 as a Senior Management Trainee with the reputed Shriram Group, Delhi and held several senior positions over a period of 14 years. His last assignment in the Group was that of General Manager of an Automotive Component manufacturing company where he was responsible for turning around the sick company and bringing in a fresh Technical Collaboration agreement with a globally reputed Japanese manufacturer. In 1979 he took up an overseas assignment for 5 years, as Managing Director of two manufacturing companies of CHELLARAM Group in Nigeria. On returning to India in 1984, he was Vice President of INALSA, Delhi where he set up 2 new businesses, Appliances Division and Flexitubes Division. The latter was hived off as a JV and finally taken over by a British MNC.From engineering industry he switched over to IT industry in 1999 and was Managing Director of a Software company offering Baan ERP solutions, SAS Data Warehousing solutions, etc. In 2000 he established an alliance with a leading Canadian company for a large Indian Group to set up a new business, dealing in high-speed wireless data transfer radios. This business was moved in 2002 to INTEX Group.Ramesh Vaswani has been with Intex for over 7 years. Under his leadership, the growth at Intex has seen a substantial acceleration. Incorporated in 1996, Intex achieved a turnover of Rs. 32 crores in the sixth year (2002) of business which was stepped up to 326 cr. in the next 6 years (2008), giving a CAGR of 47% and a growth rate of 2-3 times the industry growth rate. In the last Annual Survey conducted by Dataquest in July 2008, Intex was ranked 101, amongst the 200 fastest growing IT companies in India. Intex product range covers IT Hardware, Mobile Phones and Electronics including INTEX branded PCs, Notebooks, TFT-LCD Monitors, Mobile Phones, DVD Players, Home Theatre Systems, Subwoofers, Headphones, MP3 Players, Web Cameras, Computer Peripherals, etc.During his career, Ramesh Vaswani has always taken a keen interest in human assets development. Many of his trainees and reportees are holding key senior positions in reputed companies in India and overseas.
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