Amara Raja Group’s company Mangal Industries signs MOU with AXISCADES Technologies
by EVENTFAQS Bureau Industry Watch | February 21, 2023 | News
Amara Raja Group Mangal Industries AXISCADES Technologies MOU
Mangal Industries, a part of Amara Raja Group, enters into a partnership with AXISCADES Technologies, a leading technology solutions company. The MOU covering engineering, digital, and manufacturing collaboration was signed by Harshavardhana Gourineni, Director, Mangal Industries and Arun Krishnamurthi, MD and CEO of AXISCADES.
With this partnership with AXISCADES, Mangal Industries is geared up to address the digital engineering and manufacturing needs of global companies in the fields of aerospace, defense, medical and heavy engineering as well. Globally, digital engineering is fundamentally changing the nature of ER&D (Engineering Research & Development) spend, and driving its robust growth with the market size pegged at $1 Trillion.
Harshavardhana Gourineni, Director, Mangal Industries said, “Our three decades of capability building in precision manufacturing are complemented well by the digital technology expertise of AXISCADES. Together, our industry-centric approach and comprehensive product engineering solutions will allow us to address and support our customers across their full value chains.”
Arun Krishnamurthi, CEO & MD, AXISCADES Technologies said, “This strategic collaboration with Mangal Industries leverages AXISCADES’ proven capabilities and takes it to an advanced level with cutting edge product design, manufacturing engineering and Industry 4.0 solutions for our combined clientele, and allows us to tap new sectors as well. With a common long-term goal, we are confident of adding value and edge that our customers seek through the combination of our expertise areas.”
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Through this partnership, Mangal Industries is geared up to address the digital engineering & manufacturing needs of global companies in the fields of aerospace, defense, medical & heavy engineering.