Dassault Syst?mes, a world leader in 3D and Product Lifecycle Management (PLM) solutions, and PL Engineering (PLE), a subsidiary of the Punj Lloyd Ltd, today signed a Memorandum of Understanding (MoU), which allows for PLE and Dassault Syst?mes to jointly promote and market Dassault Syst?mes' Version 6 software solutions and PLE's services solutions to customers in oil and gas, power - nuclear and thermal, chemicals, petrochemicals, biofuels, industrial plant design, aerospace, e-learning solutions and equipment manufacturing sectors in India and other markets.

The MoU was signed between Andy Kalambi, President South Asia, Dassault Syst?mes and Sanjay Goel, CEO, PL Engineering, during a visit to India by Bernard Charl?s, President & CEO, Dassault Syst?mes.

Commenting on the partnership, Andy Kalambi, President, Dassault Syst?mes, South Asia said, "Organizations today need to collaborate to include all stakeholders in every phase of processes - from concept development to compliance checks to high-quality, end deliverables. This requires domain and technology understanding in order to address the challenges that organisations may have. We are pleased to partner with PL Engineering to address the growing PLM needs of today's industrial plant design and equipment manufacturing industries as well as the growing needs of the Energy sector. The alliance between Dassault Syst?mes and PLE will create that highly skilled profile that customers require to maximize their integration and innovation capabilities. For both PL Engineering and Dassault Syst?mes, it means a broader footprint and a synergistic use of our expertise."

Sanjay Goel, CEO, PL Engineering said, "Over the years PL Engineering has constantly demonstrated its cost competitive engineering capabilities in multiple sectors across the globe. The alliance will not only provide an edge to the multi-disciplinary design capabilities and engineering service but will also add value in offering innovative solutions to customers. Our expertise and global reach helps to support customers during execution even from remote locations. With this MoU, Dassault Syst?mes and PL Engineering will reinforce the extensive relationships we have built while eliminating geographical boundaries."