Date:14/05/2005 URL: http://www.thehindu.com/2005/05/14/stories/2005051407011703.htm

Business - Briefly

Ashok Leyland pact with Scandent arm

CHENNAI: Ashok Leyland has entered into a deal with MatrixOne India, a subsidiary of Scandent, for implementing end-to-end PLM (product lifecycle management) solution for Ashok Leyland. The value of the contract is $1.5 million. The PLM implementation would help reduce significantly the vehicle development time and improve operating margins, according to a notification from the Bombay Stock Exchange.