MUMBAI, INDIA– Altium has plans to open sales and marketing offices in Mumbai, Bangalore or New Delhi. It hopes to have the offices running by January 2009 and has begun looking for Indian investment partners.
Altium wants to increase its presence in both China and India within the next two to three years. With three offices in China already, the company expects similar growth in India because of the high demand for electronic innovative design products and embedded software. It is also looking toward the possibility of supplying the Indian nuclear industry, but plans are still in the early development stages.