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France's Assystem and India's Axiscades Form JV for Energy

France's Assystem and India's Axiscades Form JV for Energy

France-based Assystem and India’s Axiscades Engineering Technologies Limited., announced the inauguration of a joint venture, Assystem Axiscades Engineering Private Limited based in India. The new company will undertake engineering services for the energy sector business for Indian and global utilities and contractors to meet the needs of the industry’s leading Energy, Buildings, Infrastructure, and Nuclear majors across the globe.

The JV will start its operation in Hyderabad, India, and will open two more centers in Delhi and in Mumbai. It plans to employ over 500 engineers in the next three years.

Stephane Aubarbier, chief operating officer at Assystem said, ‘We are convinced by the value addition of this partnership, which will provide to our clients both the solid knowledge of the Indian market of Axiscades, and the international experience and the historical know-how of Assystem in the energy and infrastructure sectors.”

Stephane Aubarbier
Stephane Aubarbier

Axiscades is a Bangalore-based product engineering and technology solutions company that caters to the aerospace, defense, heavy engineering, automotive, energy, medical, and healthcare sectors.

Last updated: December 26th, 2025

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Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.

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