Hexagon empowering growth in India's tech landscape

  • Industry News
  • Oct 12,23
Hexagon's technologies contribute significantly to global manufacturing processes, being integral in the production of 95% of all automobiles, 90% of aircraft, and 75% of smartphones.
Hexagon empowering growth in India's tech landscape

Hexagon, boasting a robust ?4.5 billion turnover, operates through two major divisions: a geospatial segment and an industrial sector, both generating comparable revenues. Within the industrial domain, Hexagon Manufacturing Intelligence, with a revenue surpassing ?2 billion, stands as the largest division. Its expertise encompasses a blend of cutting-edge hardware and software technologies, spanning vital industries such as automobiles, aerospace, electronics, and pharmaceuticals.

Remarkably, Hexagon's technologies contribute significantly to global manufacturing processes, being integral in the production of 95% of all automobiles, 90% of aircraft, and 75% of smartphones. Our esteemed clientele includes renowned automakers such as Tata Motors, Porche, Mahindra, and Ashok Leyland, along with prominent aircraft manufacturers like Airbus, Boeing, Lockheed Martin, Raytheon, Honeywell, and NASA, among others.

Presently, India commands a significant share within our ?4.5 billion enterprise, reaching a higher single-digit figure. Our strategic vision aims to elevate India's contribution to 30%, surpassing China's 27%, within the next 10-15 years. In pursuit of this goal, we target a remarkable 30% year-on-year revenue growth in India for the ongoing fiscal year.

Moreover, we plan to align our workforce with this growth trajectory, intending to augment our current headcount of 2,700. To bolster our Indian presence, we have established a manufacturing facility in Noida, spanning 15,000 square feet. Furthermore, we are in the process of establishing a sprawling 25,000 square feet office and manufacturing intelligence experience centre in Bengaluru, signalling our commitment to expanding and enriching our footprint in the region.

Source: Deccan Herald

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