Onward Technologies

Onward Technologies Limited is an Indian multinational software technology outsourcing company based in Mumbai. Founded in 1991, it specializes in digital and Engineering Research & Development (ER&D) services. The company serves various industries, including transportation and mobility, industrial equipment, heavy machinery, healthcare, and med-tech. With a global presence that includes 14 offices across six countries and offshore development centers in India, Onward Technologies employs over 2,600 professionals. The company offers a range of services, including digital transformation aimed at enhancing clients' speed-to-market and innovation capabilities, as well as ER&D services such as product engineering, embedded systems, software development, and testing. Onward Technologies is publicly listed on the National Stock Exchange of India and the Bombay Stock Exchange, reporting revenues of approximately INR ₹472.4 crore in FY24. Its focus on delivering tailored software and engineering solutions positions it as a key player in helping clients maximize returns on R&D investments and accelerate product development cycles.