EDEN PRAIRIE, MN, July 20, 2017 /PRNewswire/ -- MTS Systems
Corporation (NASDAQ: MTSC), a leading global supplier of
high-performance test systems and sensors, has strengthened its
position in India by establishing
the MTS India headquarters in Bangalore. This location, along with the
Chennai office that opened in
early 2016, will provide a stronger connection to customers in the
region. With the new facilities and the greater number of
experienced technical staff now employed, MTS will be able to
deliver the solution-centric approach that it has become globally
renowned for directly to its Indian customer base, as well as
serving our global customers who have facilities in India.
This improved level of engagement will include sharing in-depth
application knowledge, as well as the capability to collaborate
with customers to develop and produce leading-edge test hardware
and software in order to meet specific requirements. In the
automotive sector, the company's durability and tire testing
equipment are proving themselves to be pivotal in increasing the
reliability of vehicles made in India and raising overall safety. Likewise,
its highly advanced materials testing rigs are allowing new
composites to be evaluated that will dramatically improve aircraft
performance parameters.
"India has proven to the world
that it is not simply a location for cost effective manufacturing.
The quality of engineering talent available, combined with
continued funding of ambitious large scale projects, has made
India a thriving hub for
technological innovation," states Dr. Jeffery Graves, Chief Executive Officer and
President of MTS.
"It is expected that by 2020, India will be the third largest
automotive market globally, with over 10 million passenger vehicles
being sold annually. In tandem, billions of dollars of public
sector and private sector investments are currently being made in
aerospace. These dynamics are making the country a hotbed for
engineering activity," adds Umesh
Krishnappa, President of MTS India. "Last year our Indian
sales exceeded the original target by over 150%. This was achieved
through the high degree of focus that each member of our team
exhibited and the tireless effort they put into getting the best
results. With the new Bangalore
headquarters, we will have more on-the-ground resources to better
support local companies as well as international corporations with
manufacturing and development centers situated in India."
About MTS Systems Corporation
MTS Systems
Corporation's testing hardware, software and services
solutions help customers accelerate and improve their design,
development and manufacturing processes and are used for
determining the mechanical behavior of materials, products and
structures. MTS's high-performance sensors provide controls for a
variety of applications measuring motion, pressure, position, force
and sound. MTS had 3,500 employees as of October 1, 2016 and revenue of $650 million for the fiscal year ended
October 1, 2016. Additional
information on MTS can be found at:
http://www.mts.com
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SOURCE MTS Systems Corporation