Germany's Simufact Engineering creates Indian subsidiary
Hamburg-based software company Simufact Engineering has founded an Indian subsidiary, Simufact India. The registered office of the new company is in Bangalore, where many component suppliers and aerospace companies are based.
Simufact primarily sells to metalworking and processing companies, in the automotive and aerospace industry, and also at plant and mechanical engineering companies and sector-related suppliers.
The software simulates forming, welding and mechanical joining processes and supports companies in designing and optimising their production processes quicker.
By virtual testing, companies save valuable production resources and simultaneously reduce the time needed to release innovative production processes for serial production. In this area Simufact ranks among the leading companies.
For several years, Simufact has been successfully operating on the Indian market, and has a number of renowned Indian customers for its software applications.
'The metalworking industry in India expands very dynamically,' says Michael Wohlmuth, managing director and CEO of Simufact Engineering.
'This is why the Indian Machine Tool Manufacturers’ Association anticipates double-digit growth rates in the next years, mostly by the benefits of the booming automotive industry in India. In these premises, we will continue to expand our activities in India beyond the foundation of an own subsidiary.'