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Amara Raja Group’s Mangal Industries signs MoU with AXISCADES forming strategic partnership
Industry News- Mar 10,23
A leading technology solutions company, AXISCADES forms a partnership with Amara Raja Group’s company Mangal Industries Limited to make an engineering, digital, and manufacturing collaboration.
L to R: Arun Krishnamurthi, MD and CEO of AXISCADES and Harshavardhana Gourineni, Director, Mangal Industries signed MoU for engineering, digital, and manufacturing collaboration
Mangal Industries Limited, a part of the Amara Raja Group, entered into a strategic partnership with AXISCADES Technologies Limited, a leading technology solutions company. The companies signed an MoU covering engineering, digital, and manufacturing collaboration. Harshavardhana Gourineni, Director, Mangal Industries and Arun Krishnamurthi, MD and CEO of AXISCADES made the deal by signing on February 20.
Having evolved as a design-led manufacturing company, Mangal Industries serves a broad spectrum of industries with deep domain expertise in auto components, metal fabrication, tool works, storage solutions, and custom fabrication. 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, defence, medical and heavy engineering as well. 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.
Gourineni 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 and MD of AXISCADES, commented, “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.”
AXISCADES currently has over 2,700 engineers and 17 state-of-the-art Global Engineering Centers spread over North America, Europe, India and APAC.
Amara Raja Group
Mangal Industries Limited
AXISCADES Technologies Limited
Harshavardhana Gourineni
Arun Krishnamurthi
$1 Trillion
North America
Europe
India
APAC
Aerospace
Defense
Medical
Heavy Engineering
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