Bangalore, Mumbai, November 15, 2007 - Dassault Systèmes (DS) (NASDAQ: DASTY; Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced at India’s first-ever PLM Executive Summit in Mumbai that it has official entered India as a legal entity- Dassault Systèmes, India. This follows a growing wave of Indian businesses, like Apollo Tyres, Tata Motors, Ashok Leyland, Infosys, Satyam and others, who have begun adapting DS’s solutions to produce more innovative products and construct ‘Future India’.
“Dassault Systèmes is honored to work with local customers and partners that are carving the future for India, finding solutions to current and future business challenges. DS brings over 26 years experience in 3D and PLM to the table and wants to share this know-how to the benefit of India’s businesses,” says Bernard Charlès, president and CEO, Dassault Systèmes.
With India’s recent macro-economic growth, it has seen a wide array of industries embrace innovations to develop their ability to compete globally. By opening business in India, DS is well poised to directly accompany local businesses to future innovations. Key areas linked to this include topics like Process and Social Innovation across the value chain with emphasis on innovation execution and implementation.
Executive summit participants include eminent industry people such as Mr. B.V.R.Subbu, Chairman, NMC Automotive Infrastructure, Ex-President, Hyundai India, and Mr. A.M.Naik, Chairman & CEO Larsen & Turbo Limited.