The Indian ER&D GCC advantage: Leveraging talent and technology for Innovation
Download related document
By: Zinnov


Despite geopolitical tensions and supply chain issues, India's engineering research and development sector has seen impressive growth, with spending increasing from $1.56 trillion in 2020 to $1.81 trillion in 2022. There is a shift towards digital engineering, which leverages technology to enhance engineering processes. Spending on digital engineering is skyrocketing at a 20% annual pace compared to 2% for legacy programs. India is well positioned to capitalize on this trend with its talent pool, global capability centers, and government support. Companies looking to India for digital engineering should consider location flexibility, recruiting top talent, adopting agile practices, and integrating with global operations.

© 2024 IAOP® All Rights Reserved. IAOP, Certified Outsourcing Professionals®, The Outsourcing World Summit® and The Global Outsourcing 100® are registered trademarks of IAOP.