Markets

Market

News Details

(24/04/2025 11:24)

AXISCADES appoints Anurag Sharma as CEO of add-solution to boost European growth and innovation

AXISCADES Technologies Limited (BSE: 532395 | NSE: AXISCADES), a leading provider of comprehensive technology and engineering solutions, has announced the appointment of Mr. Anurag Sharma as the Chief Executive Officer of add-solution GmbH. This Germany-based subsidiary specializes in wiring harness design and testing for the aerospace, automotive, and industrial sectors, and also spearheads AXISCADES' drone development and thermal management initiatives in Europe.

Welcoming Anurag Sharma to the leadership team, Alfonso Martinez, CEO and MD of AXISCADES, stated, “We are delighted to have Anurag join us. He brings a unique blend of deep technical knowledge and strategic execution capabilities that align perfectly with our growth ambitions. As engineering continues to evolve at the intersection of electrification, AI-led industrial transformation, and semiconductor innovation, Anurag's expertise will be pivotal.”

He added, “Anurag’s proven ability to scale engineering operations gives add-solution the momentum it needs to lead in the software-defined era. His experience in Electrical Distribution Systems (EDS) and cross-border industrial projects aligns with our strategy of becoming deeply embedded in the R&D ecosystems of European OEMs. With Europe accounting for 4% of global GDP and housing numerous premium car manufacturers, it remains a key focus area. AXISCADES is sharpening its focus on aerospace, defense, and engineering services powered by Electronics, Semiconductors, and Artificial Intelligence (ESAI)—areas where add-solution is central to our vision.”

An IIT Roorkee alumnus, Anurag Sharma brings over 30 years of diverse experience in product development, sales, business development, P&L management, and large-scale engineering project execution. He began his career at L&T, contributing to a prominent national defense project, and has since held leadership roles at major global firms including Siemens Technology, Segula Technologies, Altran India, Ansys India, and Altair Engineering. Notably, he played a key role in establishing Segula Technologies’ India operations, securing and executing major industrial localization and digital transformation programs.

Anurag has also driven initiatives in digital manufacturing and smart infrastructure, particularly within the metals and oil & gas industries across the Middle East. His in-depth knowledge of electronics, semiconductors, and digitalization has enabled impactful collaborations with global OEMs and Tier 1 suppliers.

On his appointment, Anurag Sharma commented, “AXISCADES is at a strategic inflection point where innovations in electronics, semiconductors, and digital engineering are converging to unlock long-term value. The EDS industry is evolving rapidly, with embedded electronics and 3D design becoming mainstream. As OEMs move toward software-defined and electrified vehicles, the demand for specialized, domain-driven engineering services is set to surge. I’m excited to lead add-solution’s efforts in delivering smarter, faster, and more integrated solutions that strengthen AXISCADES’ global partnerships and competitive edge.”

This leadership move underscores AXISCADES’ commitment to innovation, customer-focused solutions, and strategic global expansion.