Corporate Profile July 09
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  • 1. a new way of delivering engineering services
  • 2. Overview
    • Engineering Design and Simulation services provider with domain expertise in:
    Automotive | General Engineering | Ship Design | Aerospace | Oil & Gas
    • European engineering depth. Long term partnerships with more than 25 leading European clients
    • 3. Local corporate experience and presence in Germany, Sweden, Finland, Denmark, Norway, Romania and Austria
    • 4. Three best cost delivery locations: Pune, Bangalore & Romania; complement our European offices
    • 5. Offering end-to-end solutions from concept design to product development and customized software solutions
    • 6. 100% growth rate since inception
    • 7. Marquee management leadership team
    • 8. Multinational human resource with multidisciplinary skills - 280+ employees including 80 European nationals
  • Vision
    Tooltech will pioneer, envision and execute, to customer delight, a new way
    to deliver Engineering services. It will seamlessly combine the strengths of
    marquee boutique engineering firms (string of pearls),
    the strengths of geographies - both developed and low cost, with India,
    to deliver an unparalleled design and cost experience.
    Tooltech’s Mixed Model will deliver knowledge, trust, methodologies at par
    with the best in the world, the collaborative know-how and global delivery
    will deliver it at a cost that ought to exist, but does not. Tooltech’s innovation
    will fill that unmet need in the markets we serve.
  • 9. Tooltech Milestones
    Tooltech incorporated as a local company in Pune, India
    German operations established in Munich
    Bangalore Development Center set up
    Teco Design in Munich acquired, renamed Tooltech Deutschland
    Tooltech Sweden established
    Local operations center in Helsinki, Finland established
    Integration of operations, rationalization of costs and addition of new customers making it a € 17mn Company today
    Expansion of Scandinavian operations to include Norway
    Expansion of Scandinavian operations to include Denmark
    Acquisition of German Car
    Engineering companies to
    complement in-house Engineering
  • 10. Achievements and Recognitions
    Begins 8 year long relationship with BMW
    Status: Ongoing.
    Begins 7 year long relationship with Atlas Copco, delivering turnkey projects to 3 locations including Orebro, Marsta & Fargestra in Sweden.
    Receives frame contract from BMW, the first Asian company to be awarded such a contract
    Status: Ongoing.
    Chosen by Aker Yards Finland, one of the world’s largest shipyards, to set up a Dedicated Facility
    Tooltech is awarded a “first of its kind” contract for the design & manufacture of a “World Class” VVIP Helicopter interior for HAL (Hindustan Aeronautics Limited).
    Status: Delivered in February 2009.
    Tooltech Scandinavia awarded “ The Best Foreign Owned Company”.
    Fully operationalizes Mixed Model, linking Germany, Romania and India.
    Mr. AtulKhanna conferred Highest Award by Finland-Knight First Class Order of the Lion recognition for promoting ties between India and Finland in areas of Science & Technology.
    Company announces change in name and logo
  • 11. Directors and Management Leadership
    Dr. Klaus Faust: Director, Tooltech Group & Managing Director, Tooltech Deutschland GmbH
    Former Senior Executive at BMW. Also heads a family concern, Lodenfrey GmbH, based in Munich
    Mr. Armin Hackner: Managing Director, MT Misslbeck GmbH
    More than 10 years’ experience in the German auto industry . Portfolio includes assignment with Robert Bosch GmbH and Rücker AG
    J.K. Khanna
    Chairman, Tooltech Group
    Well established & reputed
    Chartered Accountant based
    in Mumbai, India
    Mr. Friedrich Maurer: Managing Director, SIMA GmbH
    Former CFO and Managing Director of 3-subsidaries of IVM , a well-known leader in the German auto industry
    Director and Chief Promoter, Tooltech Group
    Successful entrepreneur
    having promoted various
    businesses across Europe
    N.S. Babu: Head, Automotive& Aerospace
    Former General Manager of Research & Development at Tata Motors . Played key role in the development of the “Safari”, “Indica”, conceptual stage of the “Nano” and other models.
    Abhay Jahirabadkar: Managing Director, Tooltech Scandinavia and Global Marketing Director, Tooltech Group
    Responsible for rapid expansion of our Scandinavian operations to Denmark and Norway. Seven years of experience in working, implementing and marketing the Global Engineering Model
    A. Vivek: Senior Advisor, Tooltech Group
    Former head of Passenger Car division of Tata Motors and spearheaded its famed turnaround. Also consulted on the Board of Hyundai Motors India
    Ralf Speth:Director, Tooltech Global Engineering Pvt. Ltd.
    Former Director of a premier automotive group, Ford Motors
  • 12. Delivery Solutions
    Tooltech’s New Ways
    Traditional – Local Model
    Traditional Outsourcing
    TT Scandinavia
    TT India
    TT India
    Local Model
    Mixed Model
    Off-shore Model
    Project leader at Client end / Tooltech Scandinavia Office
    Execution at Tooltech Scandinavia & low – cost Tooltech Delivery centres
    Optimal Engineering Strategy as this model:
    • Lowers operational costs
    • 13. Shortens lead time
    • 14. Gives clients complete control over operations
    Execution in low cost Delivery Centers
    • Lowest operational costs as large pool of qualified, cost effective manpower is available
    • 15. Shorter lead time
    • 16. Business commitment
    Execution in Tooltech Scandinavia Office or Client Location
    Client has control over operations, intellectual property & data protection
    Local engineering competence, language, culture and client co-ordination
  • 17. Cost Saving Potential in a Mixed Model OperationLive Examples Captured
    Team Member RatioEuropean: Indian
    Average Cost
    Upto 40% Cost & Lead Time Saving in the 3rd year of operation
    Leading European Car Manufacturer
    Leading European Heavy Equipment Manufacturer
    Indian efficiency
    Year 1 - 60 % | Year 2 – 80 % | Year 3 – 95 %
  • 18. Engineering Competence Across Verticals
    • End -to-end delivery from concept to final finished interiors, including prototype of a “first of its kind” World Class VVIP Helicopter
    • 19. Primary Clients:
    • 20. HAL
    • 21. MTU Aero Engines
    • 22. Expertise in Designing
    Primary & Secondary Aircraft Structure such as:
    - Fuselage
    - Composite Structures
    - Landing Gear
    • Activities:
    • 23. Concept Design
    • 24. Engineering & Detailed Design
    • 25. Development
    • 26. Cabin Noise Reduction
    • 27. Weight Optimization
    • 28. CAE Analysis
    • 29. 25+ marquee clients
    • 30. Primary Clients:
    • 31. Atlas Copco
    • 32. Alfa Laval
    • 33. Dellner Couplers
    • 34. Metso Group
    • 35. Expertise in Designing:
    • 36. Machines
    • 37. Material handling equipment
    • 38. Mining equipment
    • 39. Castings
    • 40. Activities:
    • 41. Concept Design
    • 42. Re-Engineering
    • 43. Detailed Design
    • 44. Design Automation
    • 45. Reverse Engineering
    • 46. Design Data Porting
    • 47. Structural Strength / Durability Analysis
    • 48. NVH / Acoustic Analysis
    • 49. CFD Analysis
    • 50. Mould Flow Analysis
    • 51. Signed frame agreement with Aker Yards- one of the top three builders of luxury liners- for a long-term partnership for offering design services
    • 52. Primary Clients:
    • 53. Aker Yards ASA
    • 54. Seacon
    • 55. Rapp Marine
    • 56. Expertise in Designing:
    Hull and Outfit for
    - Cruise Liners
    - Chemical Tankers
    - Bulk Carriers
    - Offshore Vessels
    Marine Equipment
    • Activities:
    Basic Design
    Detailed Design
    Classification Drawings
    Marine Equipment
    CAE Analysis
    • Tier 1 supplier to
    BMW AG
    • Primary Clients:
    • 57. BMW / Audi / Rolls Royce
    • 58. Saab / GM Powertrain / Volvo
    • 59. Autoliv
    • 60. Expertise in Designing:
    • 61. Body interior and exterior trim
    • 62. Body in White
    • 63. Chassis, Engine & Powertrain
    • 64. Activities:
    • 65. Concept Design & Development
    • 66. Engineering & Detailed Design
    • 67. Manufacturing Feasibility
    • 68. Design & Development of light weight structures in Aluminum and Steel
    • 69. Crash and pedestrian safety
    • 70. Strength and fatigue analysis
    TT offers complete competence in automotive design and analysis
    Ship Design
    General Engineering
  • 71. Software Capabilities
     CATIA V4
     CATIA V5
     Unigraphics
     SolidEdge
     I-DEAS
     Vertex G4
     Pro-Engineer
     MDT
     Inventor
    Pre / Post-Processor
    Pre- Processor:
    Solver & Post-Processing
  • Clients – All stated with permission
  • 83. Project & Quality Management
    Create WBS | Assign Task Schedule | Project Budgeting |
    Quality Plan
    Resource Plan | Communication Plan | Risk Mitigation Plan
    Project Scope | Contract Review |
    Project Feasibility
    • Project Closing
    • 84. Capture lessons Learned
    • 85. Update Knowledge Base
    • 86. Detailed Execution Procedure
    • 87. Train and Develop Project Team
    • 88. Supervise Execution
    • 89. Perform Quality Assurance Audit
    Schedule Control | Cost control
    Perform Quality Control | Manage Project Team
    Report Performance | Monitor & Control Risk
    Tooltech is certified by “Bureau Veritas” for;
    QMS – ISO 9001:2008
    ISMS – ISO 27001:2005
    Quality is achieved through
    “SMART” targets, which are set, achieved and improvised
    Following documented Procedures & Guidelines
    Documenting best practices & knowledge management
    Extensive use of check lists, work instructions etc.
  • 90. Strategic Partner for Clients
    • by choosing the right business/operational model, in coordination with the client and taking entire responsibility for qualification, total delivery and new costs
    • 91. through our Project Management experience in collaborative engineering by flexibly combining work with the client’s processes
    We Add Value
    • by catering to strategic needs of our customers through experienced execution
    • 92. by securing client’s intellectual property through their preferred methods
    • 93. by acting as advisors and developing board level relationships
    We Build Trust
    We Act
    • as a seamless extension to our client’s design office and R&D process
    • 94. as an Internal advisor to our clients to ramp up resources at all levels of operations
    We Deliver
    • European Engineering competence at Indian cost, without any compromise on quality
  • Contact Us
    Tooltech Europe Oy
    Mikonkatu 8,
    00100 Helsinki, Finland
    Tel: +358 -40-5631205
    Fax:+358 -89 -678783
    Tooltech Sweden
    Plejadgatan3,41757 Göteborg, SwedenPh: +46 –(0)706 94 13 56
    Tooltech Deutschland GmbH
    Frankfurter Ring 117, 
    80807 München
    Tel: +49 -89 3220 92 250
    Fax: +49 -89 3220 92-25
    Head Office
    Tooltech Global Engineering Pvt. Ltd.
    401 Beta 1, Gigaspace,
    Viman Nagar, Pune 411 014, India
    Tel: +91 -20 -30511200
    Fax: +91 -20 -30511201
    Tooltech Romania
    Sos. Borsului nr. 20,
    410605 Oradea,
    Tel: +40 -72 -8837788
    Tooltech Denmark
    Forskerparken 10,
    5230 Odense M,
    Denmark Tel: +45 -6315 78 84 Mobile: +45 -23367088
    Tooltech Global Engineering Pvt. Ltd.
    Prestige Technology Park,
    2nd Floor, Jupiter (2A) Block,
    Sarjapur-Marathahalli Ring Road,
    Kadabeesanahalli Village, VarthurHobli,
    Bangalore 560 037
    Tel: +91-80 -41256556
    Tooltech Deutschland GmbH Registrierte Zweigniederlassung Austria
    Dr.-Auner-Str. 22,
    A-8074 Raaba/Graz, Austria
    Tel:  +49 -89 -357191-51