Manoj Raghavan

Manoj Raghavan leads Tata Elxsi as Managing Director and CEO, overseeing India's premier design and technology services company. A member of the Tata Group, Tata Elxsi provides product design and engineering services across three key verticals: automotive (autonomous driving, ADAS, connected vehicle platforms, vehicle software), media and communications (broadcast infrastructure, OTT streaming platforms, content delivery), and healthcare (medical device design, digital health platforms). In automotive, Tata Elxsi has built deep expertise in software-defined vehicles, working with global OEMs on ADAS development, autonomous driving stacks, vehicle electronics architecture, and over-the-air update systems. As vehicles become increasingly software-intensive, the demand for specialized engineering services has grown substantially. The company differentiates from larger IT services firms (TCS, Infosys, Wipro) through its focus on product engineering and design rather than enterprise IT services. This specialization commands higher margins and positions the company in faster-growing segments. Key stock drivers include automotive software engineering demand, client wins with global OEMs, media and broadcasting technology spending, healthcare digitization, margin sustainability at premium levels, competition from larger IT services firms, and the overall demand for product engineering outsourcing.