Axiscades Technologies and Mangal Industries, a unit of the Amara Raja Group, have formed a strategic alliance. Arun Krishnamurthi, MD and CEO of Axiscades, and Harshavardhana Gourineni, Director of Mangal Industries, signed an agreement embracing engineering, digital, and production partnership. With this alliance with Axiscades, Mangal Industries is prepared to meet the manufacturing and digital engineering demands of international businesses operating in the heavy engineering, aerospace, defence, and medical industries. With a market size estimated at $1 trillion, digital engineering is fundamentally altering the nature of ER&D (Engineering Research & Development) spending and fueling its brisk rise globally. Having evolved as a design-led manufacturing company, Mangal Industries serves a broad spectrum of industries with deep domain expertise in auto components, metal fabrication, toolworks, storage solutions, and custom fabrication.
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