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News Release from: Forming Technologies
Edited by the Manufacturingtalk Editorial
Team on 11 May 2007
Sheet metal software subsidiary opens in
India
Supplier of software for design, simulation, and costing of sheet metal components, Forming Technologies, has opened a subsidiary office Forming Technologies India Pvt.
Forming Technologies (FTI), the world's leading developer of software for the design, simulation, and costing of sheet metal components announced the opening of a subsidiary office Forming Technologies India Pvt located in Pune FTI India will play a key role in deploying FTI solutions as well as offer local support in the role of a preferred systems integrator for the Indian market place
This article was originally published on Manufacturingtalk on 27 Jan 2003 at 8.00am (UK)
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"Our business in India has seen tremendous growth year over year for the past several years now and this investment and commitment to our clients was the next logical step," stated Michael Gallagher, vice-president of sales and marketing, Forming Technologies.
"We are very pleased and excited to have this office available to support our growing number of clients in India.
Our team will continue to provide Best in Class Technologies to reduce time and material costs for our clients." Anand Nigudkar, owner and director of Horizon Engineering Systems of Pune and reseller of FTI solutions, has chosen to close his company and join forces with Forming Technologies as the managing director and will continue to provide his expertise and support to his many clients.
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"FTI India has focused on providing advanced technology solutions and world-class sheet metal training and consulting enabling us to better serve our growing customer base", said Nigudkar.
"With our highly skilled staff and our leading edge solutions for rapid and reliable cost reduction and validation of manufacturing processes, FTI contributes to further strengthen the sheet metal industry in India." Dan Marinac, director Business Development FTI, added: "With the world's second largest and fastest-growing population, there is no denying India's potential in both economic and population terms and the effect it will have on the auto industry in the years to come.
The auto industry in India is amongst the main drivers of growth of the Indian economy.
India's automotive market is flourishing as India's economy is expanding.
The national automotive manufacturers have taken the lead role in driving the new economy through substantial internal investment.
These automotive OEMs will begin to compete on the world stage as exports begin to rise".
* About Forming Technologies - Forming Technologies Incorporated (FTI) is the world's leading developer of computer aided engineering software for design, and simulation of sheet metal components.
For the past 18 years, FTI has provided OEMs and suppliers in the automotive, aerospace, and appliance industries with innovative software and training solutions designed to reduce development time and material costs.
FTI has trained over 12,000 engineers in Formability and Die Design and is considered the Best in Class around the world for their industry training programmes.
FTI and its global network of business partners provide sales and technical support to customers in more than 35 countries.
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