Ciklum to Double Workforce in India with New Offices in Chennai, Pune

28 Apr 2025 CW Team

London-based software development and IT outsourcing company Ciklum announced that it will double its engineering workforce in India and open two new offices, as part of a broader strategy to expand its global operations.

The company plans to open a 1,394 square meter (15,000 square feet) facility in Chennai and a 2,322 square meter (25,000 square feet) site in Pune, aiming to scale its presence in India, which it described as a key hub for digital talent.

Ciklum, which employs more than 4,000 people globally, reported annual revenues of over $225 million. The Europe, Middle East, and Africa (EMEA) region contributes about 80% of its revenue, while the United States accounts for 20%. CEO Rajaram Radhakrishnan stated that the company expects US revenue to double as part of its strategic growth plans.

Ciklum partners with companies including Microsoft, Nvidia, and Amazon Web Services, offering AI-led solutions to clients in the banking, retail, technology, and healthcare sectors. The company said it is expanding its AI capabilities to deliver faster, more personalised services and has launched an innovation lab in partnership with SRM Easwari Engineering College in Chennai. The initiative, called Lumina, will focus on research in artificial intelligence and edge computing.

(newindianexpress)

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..