Ricoh Eyeing Rs 200 crores Biz from Tamil Nadu

Ricoh Eyeing Rs 200 crores Biz from Tamil Nadu
Manoj Kumar, MD and CEO, Ricoh India

The company further announced that it is now a Siemens PLM Software reseller for NX software, a provider of integrated solution for computer-aided design, manufacturing and engineering (CAD/CAM/CAE), and the Teamcenter portfolio. Ricoh India Ltd. operates across India through a robust network of 24 offices, and will be utilizing the same network to distribute the software.

NX provides a common platform for product development with advanced solutions not only for 3D designing, but for simulation and manufacturing as well. NX for design improves productivity and accelerate product engineering. The latest release introduces new and improved capabilities for 2D concept design, freeform modeling, feature-based modeling, drafting and documentation, and industry-specific design, etc. NX for Simulation solves complex problems faster with advanced 3D simulation, and is a modern simulation environment for performing structural, thermal, flow, motion, multiphysics and optimization analyses. NX for Manufacturing increases Machine Tool Performance and Productivity. It enables better surface finish and reduced programming time.

Manoj Kumar, MD and CEO, Ricoh India, said, “Our partnership with Siemens to offer NX software & Teamcenter, will further strengthen Ricoh’s position as a one-stop solution provider. In addition, with this partnership our endeavor is to make innovation accessible to manufacturing sector across India and hence support Indian Government “Make in India” initiative.

He further added, “Tamil Naidu is an extremely important market for Ricoh as it plays a significant role in the overall growth strategy for the company. We are upbeat about the growth of this state and will be aiming for Rs 200 crores business from the state. Ricoh has been growing at a rapid rate of over 50% CAGR for last four years, in a row. We are optimistic that we will see the same growth in 2016.”

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