Mangal Industries, part of the Amara Raja Group, has entered into a strategic partnership with Axiscades Technologies (AT) for engineering, digital, and manufacturing collaboration. The MoU was signed by Harshavardhana Gourineni, Director, Mangal Industries and Arun Krishnamurthi, MD and CEO, AT.
A press release from AT noted that the partnership between the two companies is geared to address global companies' digital engineering and manufacturing needs in aerospace, defence, medical and heavy engineering.
Globally, digital engineering is fundamentally changing the nature of ER&D (Engineering Research & Development) spending and driving its robust growth with the market size pegged at $1 trillion, the release added.
Gourineni noted that the industry-centric approach and comprehensive product engineering solutions will allow both companies to address and support our customers across their full value chains.
Krishnamurthi said this strategic collaboration with Mangal Industries leverages AT's proven capabilities and takes it to an advanced level with cutting-edge product design, manufacturing engineering and Industry 4.0 solutions for its combined clientele, and allows it to tap new sectors as well.
AT currently has over 2,700 engineers and 17 state-of-the-art Global Engineering Centers spread over North America, Europe, India, and APAC, the release added.
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