Onward Technologies Limited, a Mumbai-headquartered digital engineering services provider, has announced a significant expansion of its Chennai operations. The company is relocating to its largest Design Center in India, with plans to double its workforce capacity in the city.

Expansion Details

• Current workforce in Chennai: 1,000 employees
• Planned expansion: Increase to 2,000 employees
• Focus industries: Industrial Equipment, Heavy Machinery, Transportation, and Mobility

The expanded Chennai design center will serve as a hub for digital and engineering research & development (ER&D) services, supporting Onward Technologies' global clients.

Strategic Growth

Jigar Mehta, Managing Director of Onward Technologies, explained the rationale behind the expansion: "In response to the growing demand for offshore services from USA and Europe clients, Onward Tech will continue to invest in its global delivery model."

The new facility will feature:

• State-of-the-art training centers
• Software labs
• Enhanced employee amenities

Global Presence

Onward Technologies has a significant global footprint:

• Total employees: Over 2,500
• Offices: 12 across 6 countries
• Offshore development centers: Chennai, Pune, Bengaluru, and Hyderabad

Company Profile

Onward Technologies specializes in digital and ER&D services, helping global OEMs improve speed to market, accelerate innovation, and maximize returns on R&D investments. The company supports multiple businesses in Transportation, Mobility, Industrial Products, Heavy Machinery, and Healthcare verticals.

This expansion reinforces Onward Technologies' commitment to strengthening its global delivery network and responding swiftly to dynamic client requirements. The Chennai design centre, now the company's largest, will play a crucial role in offering offshore leverage and access to an expert talent pool across digital, embedded, and mechanical engineering services.

Onward Technologies Limited has announced a significant move in its European operations, relocating its offices to Birmingham, UK, and Munich, Germany. This strategic decision aims to strengthen the company's presence in key automotive and global mobility industry hubs.

Strategic Alignment with Key Industries

The relocation reflects a deliberate shift in Onward Technologies' international business model. By moving closer to major automotive and mobility industry clusters, the company positions itself to better serve and collaborate with key customers in these sectors.

Implications for Business Growth

This move suggests Onward Technologies is focusing on enhancing its services to the automotive and mobility sectors in Europe. Birmingham and Munich are renowned for their strong presence in these industries, potentially offering Onward Technologies improved access to clients, talent, and industry insights.

Official Communication

In an official communication to the BSE Limited and National Stock Exchange of India, Aakash Joshi, Company Secretary & Compliance Officer of Onward Technologies Limited, stated:

"Onward Technologies Limited announces the relocation of its European offices to Birmingham, UK, and Munich, Germany, to strategically align with key automotive and global mobility industry customers, reflecting a shift in its international business model."

Company Background

Onward Technologies Limited, headquartered in Mumbai, India, is a global player in engineering and IT services. The company's strategic move underscores its commitment to strengthening its international presence and aligning closely with key industry sectors.

This relocation marks a significant step in Onward Technologies' European strategy, potentially setting the stage for enhanced collaboration and growth opportunities in the automotive and mobility sectors.