AXISCADES Engineering Technologies has entered into a Joint Venture Agreement (JVA) with Assystem Engineering and Operation Services SAS (France) (AEOS). Earlier, the board of directors at its meeting held on May 30, 2017 had approved for the same.
The JVA is for establishing in India a joint venture company for carrying out the Business in energy & nuclear sector and acting, as a dedicated engineering service center to the Parties for and in connection with certain India-related service agreements.
AXISCADES Engineering Technologies is engaged in the business of rendering engineering design services and is also into Software Development. Axis IT&T EDS unit offers such services as product design, design support and design validation. The Software Development Services comprise of providing interactive voice response applications.