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MR. AJIT MANOCHA
Dynamic industry veteran with over 35 years of global experience managing large organizations (>25k people),
with expertise in high tech manufacturing (wafer fabs, assembly and test), operations, and semiconductor
technology. Proven executive with several CXO and board level roles, providing leadership in the private and
public sectors, and achieving world-class results. Holds over a dozen patents.
2014 – present: Co-Founder & Partner, m2i-International
Launched m2i-International; a large scale ESDM in 2014 to manufacture smart devices in India with expected
revenue of well over US$10B by year 2020. Will create well over 120K jobs.
About m2i-International (ESDM India)
Today, India is confronted with massive imports of smart devices from China with an outlook of ~5X growth in
demand in the next five years. Additionally, our PM’s vision of Digital India, including Internet of Things
amongst many other emerging applications, the demand will further explode. It is certain that a “do nothing”
scenario will lead to a disastrous situation for our country, leading to significantly adverse trade and foreign
exchange imbalance. The partners of this organization bring extensive experience of running large
organizations involved with design and manufacturing of electronic systems and semiconductors globally
(including in India). m2i-International Partners and Co-Founders: Ajit Manocha, Prakash Agarwal, and Arif
Maskatia are based in USA and Sanjeev Shriya based in India.
The timing is right for m2i-International to address this issue and start manufacturing of electronic devices in
India, as well for export to other countries. m2i International plans to set up a mega ESDM with large clusters in
two of the Indian States (an MOU is already signed with one State). Additionally an LOI has been signed with a
very prominent Taiwanese ODM (ESDM) with over US$30 Billion as a JV partner to share their know-how and
experience. This project will require an investment on US$300+M.
2012 – present: Advanced Manufacturing Partnership (AMP) - President Obama’s committee to grow
manufacturing jobs in USA
Advanced Manufacturing Partnership (AMP) is a national effort bringing together industry, Academia, and the
US government (at the Central, State and Local levels). to invest in the emerging technologies that will create
high quality manufacturing jobs and enhance the US’s global competitiveness. Ajit plays a key role in the
committee to pull from his experience and network in driving efforts in revitalizing manufacturing to create
jobs in US, with a structured approach. These efforts have already produced excellent results.
2011 – present: GlobalFoundries, CEO and Strategic Advisor
Continuing as Strategic Advisor after recent retirement as CEO of GlobalFoundries (revenue ~US$5B) with state
of the art wafer fabs in New York, Germany and Singapore. GlobalFoundries has well over 200 tier 1 and tier 2
customers, operating in the bleeding edge technology at 14nm and above. Ajit lead a turnaround of
GlobalFoundries, taking a newly formed entity to world-class performance, under his leadership.
2014 – present: POET Technologies: Executive Co-Chairman of the Board
A small well-funded start up (listed in Canada) has very unique and disruptive technology with applications in
Defense, RF, and photonics devices and digital smart devices including IoT amongst others.
2011 – present: Semiconductors Industry Association (SIA) Board Member
Ajit is a member of the Board of Directors of the Semiconductor Industry Association (SIA) since 2011,
representing Global Foundries. The SIA is “the voice of the U.S. semiconductor industry, one of America's top
export industries and a key driver of America's economic strength, national security and global
competitiveness.“
The SIA is a significant entity which helps shape the policies (at both National and International levels) to enable
a level playing field to promote fair competition and worldwide growth of the Semiconductor Industry.
1980-2010: Bell Labs, Philips Semiconductors (now known as NXP), Spansion
Held senior Executive positions from VP to COO in the companies listed above.
Served on several boards as Director/Chairman.