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Greenply Industries flags off the first dispatch of its newly launched product Greenply MDF

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Mumbai: Marking a significant development in the wood panel industry, Greenply Industries, one of India’s interior infrastructure brands with over 30 years of experience in manufacturing a comprehensive range of plywood, block boards, decorative veneers, flush doors, and other allied products, has flagged off the 1st dispatch of its newly launched product Greenply MDF from its recently commissioned plant in Vadodara district, Gujarat.

Commenting on the launch, Greenply Industries Ltd. joint managing director Sanidhya Mittal said, “Greenply is already a leading brand in the plywood sector and venturing into the MDF business is a natural progression. This is one the most ambitious projects for us at Greenply that we have completed in just 15 months. We are extremely elated to have made our first dispatch and looking forward to positive customer feedback.”

A grand ceremony has been organised to celebrate the first dispatch of the product which was also attended by the players of the Indian Premier League franchise Lucknow Super Giants (LSG), as a part of Greenply’s association with the LSG, wherein, the cricketers were seen revealing the momentous feat being achieved by Greenply, amidst the company’s most trusted channel partners. With the newly launched MDF product, the company’s dealer community nationally will now have an extended product portfolio to offer to the customers.  

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The company has employed PRODIQ-NEO technology, the first of its kind in India that is equipped with measuring equipment and artificial intelligence software to guarantee product quality, precision and durability.

Greenply is the first in the wood & panel industry to have successfully acquired the FSC – FM (Forest Management) Certification from Forest Stewardship Council (FSC) for its plantations and real-time data accessibility.

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Tessolve lands a semiconductor veteran to drive its next big push

Ravi Kumar Chirugudu, who started his career at ISRO and has spent 35 years building chips and companies, joins the Bengaluru-based firm as president and chief operating officer

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BENGALURU: Tessolve has never been shy about its ambitions. The Bengaluru-based engineering services firm already counts 18 of the world’s top 20 semiconductor companies among its clients, employs more than 3,500 engineers across 12 countries, and last year pocketed a $150m investment from TPG. Now it has hired the executive it believes can turn those assets into something bigger. Ravi Kumar Chirugudu, a 35-year semiconductor veteran who once built satellite payloads for ISRO and has since scaled engineering organisations across three continents, joins as president and chief operating officer, effective immediately.

THE MAN AND THE MANDATE

The appointment is, by any measure, a serious hire. Ravi Kumar Chirugudu comes to Tessolve after senior leadership stints at HCL Technologies, Altran and Wipro, where he managed large profit-and-loss portfolios and oversaw cross-regional teams. Over the course of his career, he has been instrumental in bringing more than 1,000 new products to market across the high-tech, energy and manufacturing verticals. Before the private sector claimed him, he began his working life as a scientist at the Indian Space Research Organisation, contributing to research and development in charge-coupled device technology and satellite payloads, a foundation that shaped everything that followed.

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In his new role, he will lead Tessolve’s global growth strategy: expanding its engineering capabilities, deepening customer relationships and accelerating innovation across semiconductor and high-performance computing domains. The brief is broad, but the context is specific. Tessolve operates in the $550 billion global semiconductor market, and its recent moves, the acquisition of Germany’s Dream Chip Technologies and the TPG funding round, have sharpened both its reach and its expectations.

Srini Chinamilli, co-founder and chief executive of Tessolve, is characteristically direct about why Ravi Kumar Chirugudu was the choice:

“As we scale our global semiconductor and system engineering capabilities, Ravi’s appointment marks an important step forward. As global semiconductor demand continues to accelerate across industries, it is creating significant opportunities across the semiconductor lifecycle, from design, packaging, validation and systems integration. Ravi’s deep knowledge and leadership in this ecosystem brings the right mix of industry expertise, customer connect and execution capability, which will play a key role in strengthening our position as a trusted global engineering partner and reinforcing our market leadership.”

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THE NEW ARRIVAL SPEAKS

Ravi Kumar Chirugudu, for his part, frames the move in terms of timing and culture, two factors that veteran executives tend to weigh as heavily as title or compensation:

“I am happy to join Tessolve at a time when the industry is rapidly evolving towards more complex, AI-driven systems. What stands out to me is its strong people-first culture and its commitment to bringing value to its customers. The strength of its global team, combined with its deep expertise in semiconductor innovation and next-generation product engineering, creates a solid foundation to build differentiated, scalable solutions. I look forward to working closely with the team to drive strategic growth and strengthen its role in shaping the global semiconductor ecosystem.”

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The reference to AI-driven systems is not incidental. The semiconductor industry is in the midst of a structural reshaping, driven by the insatiable compute demands of artificial intelligence. For engineering services firms like Tessolve, which offers end-to-end capabilities from silicon design to packaged parts and invests in high-performance computing, high-speed interfaces, photonics and 5G, the moment is both an opportunity and a test. The company says it is well positioned to capture the next wave of industry growth. Ravi Kumar Chirugudu is now the person who has to prove it.

He came in from outer space, literally, and spent three decades learning how the semiconductor industry works from the inside out. Now Tessolve is betting that accumulated knowledge can help it cross the next frontier. In the $550 billion global chip market, the gap between ambition and execution is measured in engineering hours and leadership quality. Tessolve has just gone shopping for both.

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