Hinduja Group Firm Signs MoU with Dassault Systemes

Mumbai, India, November 19, 2009 --(PR.com)-- Hinduja Group firm Defiance Tech today signed a Memorandum of Understanding (MoU) with Dassault Systemes to market the Euronext-listed company's solutions across Indian automotive, industrial and aerospace and defence sectors.

"We are a software provider and Defiance Tech has the necessary expertise being a member of a large conglomerate to cater to the manufacturing sector," Dassault Systemes' President and Chief Executive Officer Bernard Charles said signing the agreement here.

Dassault Systemes provides product life cycle management (PLM) software and solutions and provide a 3D vision of the entire life cycle of products from conception to maintenance and recycling.

"The manufacturing industry is really changing the way they were and it is only going to accelerate. It is on a constant look out for a one-stop solution shop that can help build a truly collaborative environment that is flexible and precise," Charles said.

Dassault Systemes has more than 1,000 clients and 1,300 employees in India. The company also plans to enter into tie-ups with service providers and with firms that can expand its reach, Dassault Systemes India's President and Managing Director Andy Kalambi said.

About Hinduja Group

The saga of the Hinduja Group started in Sind, the cradle of the Indus Valley Civilization, where more than 5,000 years ago, the human race learnt its first lessons in organized business and banking. Parmanand Deepchand Hinduja, a young entrepreneur from the fabled town of Shikarpur, realized early in life that business was all about spotting opportunities, and seizing them wherever they surfaced. Today, the Hinduja Group has become one of the largest diversified groups in the world spanning all the continents. The Group employs over 40,000 people and has offices in many key cities of the world and all the major cities in India.

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