 "Ravi Pandit, KPIT Co-founder & Chairman")
“Pivot” is a word start-ups are familiar with, but what happens when a listed entity known for its services and has a steady source of revenue decides to pivot. Pune-based KPIT Technologies is one such company. In 2018, it demerged its enterprise IT services business to Birlasoft while keeping its engineering services business. Ravi Pandit, co-founder and chairman, KPIT, says the demerger has not only given good returns to shareholders but the company has focused on its core expertise. In an interview with Shivani Shinde, he talks about the shift the auto sector is seeing due to the pandemic, the rising demand for autonomous vehicles, and KPIT’s trajectory on global automakers’ digital road map. Edited excerpts.
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