Bangalore, 24th September 2015: Axiscades Engineering Technologies Ltd, one of India's leading engineering services organisations, with a focus on aerospace, heavy engineering, automotive and industrial domains, today announced the signing of long term strategic contract with Siemens Wind Power, a leading global manufacturer of wind turbines.

Building on a partnership initiated in 2012, Axiscades will be strengthening the relationship by providing Engineering Services in a cost effective model with Siemens Wind Power. The plan is to set up a dedicated offshore development centre in order to provide design, design support and other associated engineering services to the Denmark OEM. Axiscades will provide Siemens with its learnings and established global project management and quality initiatives towards establishing a basic philosophy of error free Engineering drawings.

The centre will start with 50 engineers and will grow over time as both the companies explore new technical areas of providing offshore value addition. Axiscades will provide the necessary infrastructure in setting up this ODC. Siemens sees value in relation with Axiscades as they bring in their valuable Engineering experience of both Aerospace and Heavy Industries.

According to Axiscades, Vice-Chairman, Mr Sudhakar Gande, "this relation is important to us and shows our commitment to engineering expertise in core sectors in the world market like renewable energy, aerospace and heavy industries. With the wind turbine market eyeing rapid growth over the next few years on the back of policy-driven installations across Europe and North-America, it has become imperative for manufacturers to build a competitive advantage through optimised costs and better technical value proposition."

At the inauguration, Siemens Wind Power Management team, Mr Steen Kirkegaard Jensen, Head of Mechanical Design said, "It is an important step for Siemens Wind Power to team up with Axiscades, in the new offices in Hyderabad. It is well in line with the Siemens strategy to maintain a global footprint of partners in engineering and we are confident that Axiscades is a competent partner, with whom we can develop and grow with and also leverage from their vast experience from working with other global industrial players."

With this 5-year long-term partnership, Axiscades aims to further solidify its position in the energy sector. This is in line with the company's strategy to diversify into newer industry sectors leveraging the engineering excellence and by building global service offerings.