India, April 12 -- The US-based company Altair has inaugurated its new office in Chennai expanding its presence in India. With the establishment of a new office and accommodating over 100 employees Altair's has showcased its dedication toward fostering innovation and collaboration within the localized Indian engineering community.

Along with the opening of the new office, the firm has announced plans to expand its India team up to 1000 employees by the end of 2024. Altair, with its headquarters in the US, specializes in providing software and cloud solutions in simulation, high-performance computing, data analytics, and AI.

Currently, Altair has 840 employees across five cities in India making it the second-largest company in terms of w...