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AXISCADES Engineering, Assystem incorporates JV company in India

21 Jun 2018 Evaluate

AXISCADES Engineering Technologies and Assystem have formalized their agreement and inaugurated Joint Venture (JV) company in India. This JV company will undertake engineering services for energy sector business for Indian and global utilities and contractors.

This JV strengthens the economic competitiveness of Assystem engineering centers based in Europe, North America and the Middle East. The JV will start its operations in Hyderabad and plans to open two more centers in Delhi and in Mumbai with proximity to key customers. The JV plans to employ over 500 talented engineers in the next three years.

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.

Peers
Company Name CMP
Hindustan Aeronaut. 4739.00
Bharat Electronics 386.00
Aequs 259.95
Astra Microwave Prod 1590.15
Axiscades Tech. 1884.40
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