Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

STAMOD Engineering Achieves a World Record for Quick Engineering Design Turnaround Within 4 hours, Using Brilliant Parallel Processing and With Multiple Offshore Centers Globally Positioned, to Lead in the $750 Billion Engineering Service Industry
  • India - English


News provided by

Stamod Engineering

Nov 14, 2016, 09:00 ET

Share this article

Share toX

Share this article

Share toX

CHICAGO, PUNE, India and SINGAPORE, November 14, 2016 /PRNewswire/ --

STAMOD Engineering, a Chicago-headquartered, global engineering design and prototype company has invested in setting up new offshore offices and technology to achieve this quick turnaround speed. This will enable OEM's, Tier 1 and Tier 2 companies in Automotive Sector, Aerospace, Medical Product development and Robotics sector to increase the speed of product design and development. STAMOD also announces new services for valued partners and customers across the globe in mold manufacturing to build cost-efficient quality tools. The new services will also include

  • Rapid Tooling 
  • Prototype and Production Mold Manufacturing 
  • Robotics Precision Prototyping  

STAMOD Engineering is a global engineering design company headquartered in Chicago, operating in US, Europe, and South Asia. With more than three locations in the US, Detroit, Chicago, and Austin. STAMOD is well poised to support the global Engineering design industry. STAMOD's specialized solutions in Mechanical Engineering design, Sustenance Engineering, Simultaneous Engineering, Simulation, Analysis, Drone design, Product Design and Development, Plant Engineering, Knowledge-based Engineering, Multibody Dynamics, Design Validation and Testing services have reduced current designing costs of many global companies significantly from 25% -45%. STAMOD's Tool Designing services include the design, the prototype tooling and the production tooling with testing and shipping to global locations in Europe, South Asia, and Australia. Global OEMS in Automotive Space such as FORD, GM, SWIFT Drones, Global Autocon and many Global Tier 1 and Tier 2 companies find the efficiency, speed and global cost competitiveness with JIT deliveries beneficial to the growth of their businesses.

STAMOD is a portfolio company of ALCOR Fund and managed by a Harvard graduates, who plan to set up more offshore offices to support global customers in South Asia. STAMOD supports innovation hubs, OEM's, Tier 1 and Tier 2 companies in Americas, Europe and South Asia to realize their full Engineering Design and Product Development potential, CAD conversion services, Engineering Design and Validation, Manufacturing Engineering, Automotive Design, Medical Products Design, Robotics Design and development, Industrial equipment design and development, Medical Equipment and Design, Engine development and design, Engineering Simulation and Product Design Testing and computer aided simulation models.

George Molakal, the Director of STAMOD, stated "We will work with companies to develop new products deploying latest technology and quick turnaround time to enable customers to reach markets first" I am delighted to see how STAMOD, as a portfolio company has shown immense promising opportunities in Engineering Design Services. We decided to go one step further and included Prototype Tooling & Production tooling in our range of services. Apart from being a specialist in Plastic Injection Mold Tool Designing, team has shown growth in areas like Die and Mold design, Aerospace Engineering, New Product Design, Development, and Product Engineering."

STAMOD works seamlessly with Clients, in three different models, with embedded staff on client's OEM customer locations doing product development and design, with onsite model working in customer location and providing offshore services in India.

STAMOD Design Engineering Capabilities include the following: 

  • NPD - New Product Design & Development
  • Tooling - Tool Designing related to Plastic Injection/ Blow Molding, Sheet Metal Design, Die-casting Dies,
  • BIW - Weld/ Inspection fixtures for Body & Chassis
  • Product Simulation - CAE & FE Analysis, MBD & Kinematics, Optimization & CFD.
  • VAVE - Value Analysis and Value Engineering
  • RPT - Rapid Prototyping.
  • Reverse Engineering - Generation/Creation of fully parametric & completely editable 3D CAD models & 2D associative drawings.
  • Legacy Data Conversion: Conversion of old data in new system
  • Engineering analysis and validation: Optimize product design to improve performance, increase lifetime, and reduce weight and cost, adopting alternative material
  • Predictive Engineering: Plough back empirical data and analysis into improvement of product design and engineering
  • Plant Engineering: to improve energy efficiency and minimize safety hazards
  • Knowledge-based Engineering: Automating any simple or complex engineering tasks which are repetitive and logical in nature.

Manish Gupta, the Vice President of STAMOD, stated "American and European companies who want to have the advantage of innovative product solutions, new entrepreneurs seeking to work on product development, should work and enable simultaneous engineering to win contracts, reach the market first. Automotive Interior Designing, Automotive Exterior Designing, Automotive Exterior Lighting, Automotive Rubber products, Medical Product Designs and Robotics are some of the areas which STAMOD has done exceptionally well in past few years.

STAMOD Engagement Models include the

  • On-Site  - Engineers working on Clients location
  • Off-Site - Work is being done in STAMOD's design center
  • Embedded - Engineers working On-Site on Clients customer locations (new product design, etc)
  • ODC  - Offshore Development Center
  • Project Basis/Man-hour basis

STAMOD designs tailor made engagement models as per customer needs. Mr. Jagannath Vedula, the Director - US Operations mentioned, "Engineering Design Services are need-based solutions for each company. Making Rapid Tooling, Production Mold Manufacturing & Robotics Precision Tooling with our partners and will help global companies to reduce their current designing and manufacturing costs."

STAMOD uses a variety of software such as CATIA V5, Pro-E, Solidworks, UG NX, Autocad, Autodesk Inventor, SolidEdge, CIMATRON, ANSYS, MSC-Software, Altair Hyperworks, ABAQUS, LS-Dyna 

Speaking on this occasion, Meenakshi Gore, Sr. Vice President HR and Global Talent Acquisition said, "STAMOD has shown great promising growth in the last five years. The addition of new services for customers will give it an edge over the other players in the market. We focus on hiring talented and multi-skilled professionals on the team with a focus to bring the edge to Customers."

Contact
Manish Gupta
8770 W Bryn Mawr Ave, Ste 1300
Chicago, IL, 60631, USA
Tel : +1 800 507 4489
Email: [email protected]

SOURCE Stamod Engineering

21%

more press release views with 
Request a Demo

Modal title

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.