Cyient announced that it has entered into a strategic partnership with Berlin-based industrial consultancy and investment firm, eolos. eolos helps businesses shift toward a sustainable, circular economy. Cyient and eolos will co-develop an engineering practice to support industries in transitioning toward greater sustainability.
The engineering practice will address the needs of industries facing the most stringent changes in their standards and regulations by offering solutions for traceability, material engineering (reduction, re-use, and regeneration), obsolescence management, and supply chain (including packaging, disposal, and waste management). The primary focus will be on the rail, automotive, aerospace, and med-tech industries with the ambition to grow in the other sectors.
Both companies see this as a timely partnership as companies increasingly look to reduce their carbon footprint and industries start to see business viability in having more sustainable practices across the value chain.
Speaking on the partnership, Karthikeyan Natarajan, President and Chief Operating Officer, Cyient, commented, “How we respond to climate change and de-carbonization will define our legacy for future generations. By combining eolos’ industry experience and expertise in the circular economy with Cyient’s leadership in engineering design, manufacturing, and aftermarket, the partnership is uniquely positioned to address customers’ requirements. We are delighted to partner with eolos and look forward to building solutions that will contribute to the global transition toward a circular economy.”
“Our consulting practice supports companies in the designing of their journey to shift toward circularity by applying a systemic approach and mobilizing multi-disciplinary expertise. Our partnership with Cyient complements our experience with robust engineering capabilities to materialize the solution, improving product design and company processes while reducing environmental impact,” said CEO and Co-Founder of eolos, Pierre-Yves Cohen.
