Cyan increases operations in India

25th Mar 2013 12:16

AIM-listed Cyan Holdings, the integrated system and software design company, has appointed Shiv Kaushik as Country Manager in India. Kaushik, who has more than 18 years of experience with IT companies, will be involved in Cyan's strategy to build key relationships in the energy and utility sector in India. Cyan has also recruited two local Senior Field Application Engineers to provide additional customer and technical support in India. In addition to the recruitment of field-based personnel, Cyan is also qualifying additional manufacturing facilities in the form of two India-based tier-1 Contract Equipment Manufacturers. Both manufacturers are global companies offering original equipment manufacturer services and hold ISO 9001 and other regulatory certificates. Part of the qualification process is a pre-production build to verify quality and performance. Cyan said that additional manufacturing facilities would work in parallel with the current production in China to meet volume demands going forward. John Cronin, Executive Chairman of Cyan, said: "We are pleased to welcome Shiv and the application engineers to Cyan. As demand grows for Cyan's Advanced Metering Infrastructure solutions, it is necessary for Cyan to develop partnerships with industry leaders who can provide the knowledge and expertise.""We are also pleased to be adding additional manufacturing capacity to meet local demand in India."Cyan's share price was up 12.39% to 0.64p at 12:22 on Monday.MF