QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced that it is expanding its Mumbai, India office. Founder and President Pam Lopker participated in a ribbon cutting ceremony to commemorate the expansion.
“India is quickly becoming one of the world’s most important automotive manufacturing hubs,” said Lopker. “QAD India has provided solutions and services to India and the Asia Pacific region for many years, and the growth there means we need to expand our presence. I am excited to spend time with our team of professionals in India and meet with our customers. QAD offers an award-winning ERP solution for automotive suppliers and is positioned well for the Indian market. We plan on playing an important role in the growth of the automotive industry in India and in the Asia Pacific region.”
India has the fourth largest automotive industry in the world. In 2017-18, passenger vehicle production surpassed 4 million, according to the Automotive Component Manufacturers Association of India.
Lopker, who founded QAD in 1979, was in Mumbai with QAD Senior Vice President, Customer Support, Chris Hageman and Senior Vice President, Asia Pacific, Stefan de Haar. She participated in the ribbon cutting celebration, followed by meetings with employees, and customers from different parts of the country.
QAD provides enterprise software and services for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial manufacturing industries.
Suppliers to 93 of the 100 top-selling cars in the world use a QAD ERP solution. QAD Cloud ERP Automotive Edition is designed specifically for the automotive industry, includes integrated supply chain management, provides for alignment to industry best practices and supports the evolving needs of automotive suppliers. It helps automotive suppliers effectively manage customer requirements and extend to lower-tier suppliers. The solution includes QAD analytics to help global manufacturers monitor costs, reduce risks and enhance performance.
QAD Cloud ERP Automotive Edition has won several industry awards including Frost & Sullivan’s 2018 North American ERP for Automotive Customer Value Leadership Award for the QAD Enterprise platform, the technology that enables its ERP solutions.
“The Indian automotive market is one of the fastest growing in the world, and growing demand for vehicles means a huge opportunity for our automotive supplier customers,” said de Haar.“QAD has served the Indian automotive industry and the surrounding region for years and we are working to grow our business there, both in automotive and in our other vertical segments.”