Motorola Mobility India appoints T.M. Narasimhan as MD of Mobile Business Group
Mumbai: Motorola Mobility India Wednesday announced the appointment of T.M. Narasimhan as the Managing Director for Mobile Business Group - India.
“In line with its focus on the Indian smartphone market and the vision to be among the top 3 smartphone brands, Motorola has strengthened its India leadership team by appointing T.M. Narasimhan, to lead the India business; reporting to Prashanth Mani who will continue to be the head of Motorola’s Asia Pacific business,” the company said in a press release.
T.M. Narasimhan comes with extensive experience in sales operations, business & financial planning and P&L Management, having held various roles in FMCG, and consumer tech organizations like PepsiCo, Britannia & Samsung.
With a proven track record of building & nurturing teams, he has consistently delivered business results while balancing short-term & long-term goals, according to the release.
Commenting on the new appointment Executive Director - Motorola Asia Pacific Prashanth Mani said, “As we continue our growth story in India, we are excited to welcome T.M. Narasimhan on board. India is a focus market for us in Asia Pacific and has been seeing exponential growth over the past few years. We are confident that Narasimhan will play a pivotal role in leading the India team & elevating the business to even greater success.”
On his appointment, Managing Director, Mobile Business Group - India T.M Narasimhan said: “Motorola has been a pioneer in innovation and has been disrupting the smartphone market in India with its exceptional product strategy, innovative business model and brand prowess. I look forward to building upon the solid foundation that has been laid and taking the India business to new heights while consistently delivering on consumer experience and satisfaction.”
Motorola in India has been consistently growing at a double-digit premium to market over the last year and has grown at 37% Premium to Market in Q2 FY23 despite a flat to declining market, which implies that the brand is acquiring market share rapidly, according to the press release.
Motorola was also recognized as India’s best 5G smartphone brand of 2023 and has seen exponential growth YoY in its 5G smartphone activations, the release stated.
Further, Motorola is committed to the vision of Making in India and Making for the World, having successfully partnered with Dixon Technologies for manufacturing in India and was amongst the first participants of the PLI scheme by the Government of India, for mobile phones, stated the release.
Local manufacturing is not only enhancing Motorola’s ability to serve Indian customers better but also enabling exports from India to multiple other markets, including the USA, it said.
Motorola’s strategic emphasis on innovation, design and colours through its exclusive partnership with Pantone, distinctive software experiences, uncompromised 5G and its commitment to making products for India, in India uniquely positions the brand for accelerated growth.
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