[1] He is chairman and CEO of Celetronix, Inc.[2] He is known for leading his company, Tandon Corporation (originally Tandon Magnetics) in the disk drive industry, creating what became the industry-standard double-sided floppy drive disk read-and-write heads.
In late 1975, he left IBM for Pertec Inc. in Chatsworth, but left that same year to start Tandon Magnetics in his Chatsworth garage with $7,000.
[2][1] Tandon invented the double-sided floppy drive used by IBM in the IBM PC and worked as OEM manufacturer for Xerox, Tandem Computers and Prime Computer.
In late 1982, Tandon was #1 in the disk-drive industry, and his company was named Forbes magazine's "Up and Comer of the Year".
The $150-million value of his stock placed "Jugi", at age 41, on the Forbes list of the 400 richest Americans.