Axiscades And Assystem Create Joint Venture
AXISCADES Engineering Technologies Limited and Assystem formalize their agreement and inaugurate joint venture company 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 centres based in Europe, North America and the Middle East.
The JV will start its operations in Hyderabad and plans to open two more centres in Delhi and in Mumbai with proximity to key customers. The JV plans to employ over 500 talented engineers in the next three years.
The JV was formally inaugurated by Shri Kalvakuntla Taraka Rama Rao, Hon'ble Minister for IT E&C, MAUD, Industries & Commerce, Mines & Geology, Public Enterprises and NRI Affairs of Telangana Government in the presence of Mr Stéphane Aubarbier, Chief Operating Officer - Assystem and Mr Sudhakar Gande, Vice Chairman - AXISCADES.