SolidWorks announces increased investment in India

By SiliconIndia   |   Tuesday, 12 June 2007, 07:00 Hrs
Printer Print Email Email
Bangalore: SolidWorks Corporation, a provider of market software for design, analysis and product management today announced that it would expand from a 60-employee headcount in 2006 to over 90 employees by the end of 2007. The expansion is a part of the company’s increased focus in India to help companies leverage 3D CAD technology to design better products and gain global market share in engineering design.

“Today India is poised to become the design-engineering hub of the world where 10 to 15 percent of the engineering services market has been outsourced from India,” said Ved Narayan, SolidWorks Vice President of Asia-Pacific Operations. “SolidWorks which has 300 employees in R&D globally today allows the customers to go behind the curtain and have a look at the new concepts and designs that are developing in the SolidWorks labs,” added Narayan.

As a part of meeting the target to be at the forefront in the design market, the company that has 600,000 users globally, has fast track investments through channel partners. ''Currently we are in 12 cities and by the year end we would be in 20 cities including Jamshedpur, Dehradun, Chandigarh and Lucknow in North besides in Kochi, Nagpur, Indore and Goa,'' says the newly appointed India Country Manager, Manoj Mehta.

Currently the company that has 18 channel partners is looking forward to ramp up the number by 30. The company will also continue to invest in strengthening its VAR network and enhancing the teams’ capabilities to provide excellent sales and service support to its customers.

In the present stage Solid Works has plans to expand its presence in educational institutions too. Narayan says “Today where India produces 40,000 engineers every year, SolidWorks corporation can help students to equip themselves with skills to design breakthrough innovations.”

The company which is headquartered in Delhi and has a direct office in Bangalore already has acquired 25 percent increase in sales in Asia Pacific region. In this region, India and China are the fastest growing markets.

The company which has more than 1000 customers has also announced P.M Ravi Kumar to be its national education manger.

Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..