Dassault Systèmes projected double digits for five years in India

Tinuku ~ Dassault Systèmes is projecting double-digit growth in the Indian market over the next five years. French multinationals for 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions are gaining immense momentum in India preparing to implement low-emission vehicle rules and electrification infrastructure.

Tinuku Dassault Systèmes projected double digits for five years in Indian

Leading French software company Dassault Systèmes is eyeing the opportunity of a new regulatory initiative on security and tighter emissions for the auto industry and electrification of cars to India 2030.

"We are watching two digits every year here. India is one of the fastest growing countries in the world. If India grows 7%, the size of our market opportunity is 16 to 20% .We are on a double-digit growth trend for 5 years," Said Samson Khaou, Managing Director of Dassault Systèmes India.

The automotive industry has an important role for growth in India. All OEMs are looking for fuel-efficient vehicles, electric vehicles with enhanced safety features. The buyer's habits are also changing, all the changes and developing trends are great opportunities for developers.

India has determined to use all fleets of electric and connected cars by 2030 that require design innovations and processes to build more safety features.

"You need to have agility in design, innovation and collaboration to get the perfect design. Collaborations in teams and suppliers have changed, as well as on-site creation. Our 3DExperience platform is a digital collaboration," Khaou said.

Indian manufacturing firms move from traditional methods to more agile, flexible and scalable processes to compete with multinational companies in the local market. Industry needs to change from mass manufacturing to digital manufacturing and customization.

"Dassault Systèmes also opens business opportunities in railway modernization and smart cities, track safety and rolling stock gives us business opportunities as well as rail scheduling," said Khaou.