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| Exchange Disseminated Time | Onward Technologies Ltd has informed BSE that the Company have signed an agreement with John Deere India Ltd to set up a dedicated Engineering Design Services Centre in Pune.
In this regard the Company has issued the following Press Release:
Onward Technologies Ltd (OTL) on September 03, 2007 has announced that a dedicated Engineering Services Excellence Center is being formed for John Deere India in Pune.
The five-year contract will see OTL setting up this state-of-the-art dedicated facility for providing services in the areas of Product Engineering, Manufacturing and Supply management.
The Excellence Centre will be operational with a staff of 50 mechanical engineers and is expected to grow. The formation of this center builds on an already existing partnership that has added significant value to both players.
"We have been working with Deere & Company in other areas for a few years now, and this contract takes it a step further in cementing our relationship. John Deere and Onward will be involved in design, engineering analysis, reliability and maintenance, process planning, fixtures and tool design, development support, and manufacturing support through this center for Deere's global product line," Harish Mehta, Chairman and Managing Director of Onward Technologies said. |
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