NEW DELHI — Japanese technology firm NTT said that it is merging its three key business entities — NTT India Pvt. Ltd., NTT Com India and Netmagic — as a single organization called NTT Ltd effective on January 1, 2021.
With this integration, Sharad Sanghi who has been heading Netmagic will be appointed as the Leader of newly formed company. Currently, Sanghi is the CEO – global Data Centers and Cloud Infrastructure (India) of NTT Ltd. (also known as NTT-Netmagic).
Kiran Bhagwanani has already assumed the role of Senior Vice President, GTM, Asia Pacific for NTT in April 2020.
Through this integrated entity, the company said it will bring innovative technology services and solutions to the extended client base in India. The integration will enhance the organization's end-to-end ability to better serve clients and employees will also have more opportunities to thrive and grow on an even bigger stage.
“I am confident that Sharad has the leadership track record and breadth of experience that are critical to lead and transform the business with a strong focus on clients, partners and people. I wish Sharad and the India team great success as we launch the next phase of growth in one of the most important markets worldwide for NTT Ltd,” said NTT Ltd.'s Asia Pacific Chief Executive Officer, John Lombard.
“The coming together of three NTT businesses in the Indian subcontinent is a strategic move in the right direction. I'm extremely pleased to take on this larger responsibility for the integrated NTT India business. This reinforces our commitment to helping our clients derive greater value while delivering business outcomes – with an integrated approach to hosted infrastructure, connectivity, security and managed support. The integration will also help us strengthen our growth plans in India,” said Sharad Sanghi.