Onward Technologies Expands with New Chennai Design Centre, Targets 2,000 Workforce

What's Happening?

Onward Technologies, a Mumbai-based engineering services provider, is expanding its global delivery network by opening a new offshore design centre in Chennai. This centre is set to be the company's largest, complementing existing facilities in Pune, Bengaluru, and Hyderabad. According to Jigar Mehta, Managing Director of Onward Technologies, the Chennai centre aims to accommodate 2,000 employees. The expansion is driven by increasing demand for offshore services from U.S. and European clients. The centre will function as an extended digital and engineering research and development team, providing training centres, software labs, and amenities for employees. The company plans to support global clients in sectors such as industrial equipment, heavy machinery, and transportation and mobility industries.

Why It's Important?

The establishment of the Chennai design centre is significant for Onward Technologies as it strengthens its position in the global engineering services market. By expanding its workforce and capabilities, the company can better meet the growing demand for offshore services, particularly from U.S. and European clients. This move is likely to enhance the company's competitive edge in sectors like industrial equipment and transportation, potentially leading to increased business opportunities and revenue. Additionally, the expansion reflects broader trends in the industry where companies are investing in offshore capabilities to leverage cost efficiencies and access skilled talent pools.

What's Next?

Onward Technologies is expected to continue investing in its global delivery model to further expand its reach and capabilities. The company may explore additional opportunities to establish more offshore centres in strategic locations to cater to its growing client base. As the Chennai centre becomes operational, Onward Technologies will likely focus on integrating its new workforce and facilities into its existing operations, ensuring seamless service delivery to its clients. The company may also seek to enhance its technological infrastructure and training programs to maintain high standards of service and innovation.