Lokesh Payik

Partner,

Bengaluru

Technology, Advanced Manufacturing & Services and Performance Improvement

Headshot of Lokesh Payik

About Lokesh

Expertise

  • Expert in digital and industrial IOT – consulting and solution implementation. Incubated and scaled Engine2 digital business at a global industrial conglomerate.
  • Leads Bain's GCC offering, having designed and built greenfield capability centres scaled for global enterprises
  • Former Managing Director of a UK-listed electronics manufacturer in India, with full P&L ownership across manufacturing, engineering and commercial

Lokesh Payik is a member of our Technology, Advanced Manufacturing, and Performance Improvement practices.

Lokesh has over 20 years of experience building and scaling technology-led businesses across global industrial conglomerates and consulting. He advises clients on GCC strategy, factory of the future, industrial IoT, agentic AI and new business building.

He has led capability centres, covering location strategy, operating model design, AI studio setup and the transition of captive centres into global technology hubs. In advanced manufacturing he delivers smart factory transformations spanning connected operations, supply chain, manufacturing analytics and digital twins. He also leads Engine 2 work, helping industrial clients incubate ventures and stand up new business units.

Prior to Bain, Lokesh scaled a digital business at a global industrial conglomerate, leading Industrial IoT across India, ASEAN, Mexico, Turkey, and South Africa. He was previously Managing Director of a UK-listed electronics manufacturer in India with full P&L ownership.

Lokesh holds an MBA from La Trobe University and a BE from KLE Technological University, India.

 

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