Zetwerk announced on Thursday, February 29, the appointment of Josh Foulger as the president of electronics. Foulger will head the consumer and electronics manufacturing segment and work closely with Zetwerk Co-Founder Rahul Sharma, the company revealed in a release.
In January 2024, Foulger resigned as the country head and managing director of Foxconn’s arm, Bharat FIH, after serving for more than nine years.
Foulger said he is thrilled to join Zetwerk, which is aiming to be one of the top three electronics manufacturers in India.
Foulger said, “The world of consumer electronics and overall ESDM (electronics systems design and manufacturing) is undergoing a paradigm shift, and India is already playing a pivotal role. The country is building new supply chains in every electronics category to integrate with domestic and global value chains, and Zetwerk is aiming to be among the top three manufacturers in India.”
With nearly three decades of experience in electronics manufacturing operations and supply chain management globally, Foulger was a part of Nokia Corporation for more than 17 years. At Nokia, he held various leadership positions and supervised operations not just in the United States but also globally.
In Asia, he also played a crucial role in launching Nokia’s manufacturing operations in both India and Vietnam. In India, he was also the president of the Nokia Special Economic Zone (SEZ) in Chennai, which is said to be the country’s first mega electronics manufacturing cluster.
Zetwerk Co-Founder Sharma said, “He (Foulger) has immense experience in the IT hardware and consumer electronics space and he has pioneered the mobile phone manufacturing infrastructure in India. His role will bring a lot of new learning that will help us maximise manufacturing for several of our marquee clients at Zetwerk and achieve our stated goal to be among top three manufacturers in the country.”
Zetwerk, a managed marketplace for contract manufacturing, has a valuation of $2.8 billion. The company offers manufacturing solutions across industries such as precision manufacturing, aerospace and defence, renewables, consumer electronics, oil and gas and infrastructure.
(Edited by : Shoma Bhattacharjee)
First Published: Feb 29, 2024 6:41 PM IST
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