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AXISCADES Engineering Technologies forms JV with Assystem

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Capital Market

To undertake engineering services for energy sector business

AXISCADES Engineering Technologies and Assystem have inaugurated their joint venture in India. This JV company will undertake engineering services for energy sector business for Indian and global utilities and contractors. JV combines the strength of AXISCADES in engineering services and economic competitiveness with Assystem's domain expertise in the energy and infrastructures fields to meet the needs of the industry's leading Energy, Buildings and Infrastructures, and Nuclear Majors across the globe. This JV also strengthens the economic competitiveness of Assystem engineering centers based in Europe, North America and the Middle East.

The JV will start its operations in Hyderabad and plans to open two more centers in Delhi and in Mumbai with proximity to key customers. The JV plans to employ over 500 talented engineers in the next three years.

 

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First Published: Jun 21 2018 | 9:29 AM IST

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