TI Medical, part of the Murugappa Group, has strengthened its leadership structure with the induction of three senior executives, signalling its intent to accelerate innovation, global market outreach, and operational scale.

The new appointees include Govind Malpani as Chief Financial Officer & Head – Finance, IT & Supply Chain Management, Deepak Sharma as Vice President – International Business, and Madhu Lakharwal as General Manager – Research & Development.

Prashant Krishnan, CEO of TI Medical, emphasised that the appointments reflect the organisation’s next stage of growth. “Govind, Deepak, and Madhu bring valuable expertise in finance, international markets, and product innovation—capabilities that are critical to achieving our ambition of delivering world-class surgical solutions from India to the global stage,” he said.

The leaders expressed enthusiasm for their roles:

  • Govind Malpani aims to leverage finance, technology, and supply chain as strategic enablers for sustainable global expansion.

  • Deepak Sharma plans to focus on increasing the company’s international footprint and building enduring global partnerships.

  • Madhu Lakharwal will drive meaningful and scalable MedTech innovations tailored for diverse healthcare systems.

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Founded through a joint venture between Tube Investments and Premji Invest, TI Medical has established its presence with the Lotus surgical devices brand, a trusted name in the sector for over 17 years. The company continues to align its operations with the ‘Make in India, Make for the World’ strategy, focusing on creating globally competitive yet accessible healthcare solutions.


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