Engineering R&D Landscape

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Revenue- > $24 Billion USD
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Global Sourcing Share 28%
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Employment 5,15,000
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ER&D Companies 1500+
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Verticals 11+
Vision
Catalyse the vision of Engineered in India and help India emerge as the leading destination for Digital Engineering solutions
The Council Members
- Reguraman Ayyaswamy SVP & Head, IoT, Engineering and Industrial Services Tata Consultancy Services
- GNV Subba Rao Global Head, Quality & Operations, Industrial Automation Business Area ABB
Priorities
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Engage and
Evangelize- Design led Manufacturing as the key imperative for Make in India program.
- Special Interest Groups for the growth verticals of Auto, Aero, C&HE, Telecom and Semiconductor to address the common challenges faced.
- Research on new market and emerging opportunities and use case on the innovative capacity built by Engineering and Design sector from India for destination for the world beyond scalable talent.
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Outreach
- Nasscom Engineering summit
- Nasscom SIG programs
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Capability
Building- Building content and curriculum for Engineering talent.
- Centre of Excellence for Internet of Things (IoT).
- Mentorship initiative for SMEs.
- Build a capability hub in India for domains like Product Engineering, Embedded software, Engineering Analytics, Digital Engineering.
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Market
Access- Explore the market in APAC and Europe and branding Indian engineering capabilities
- Enterprise connect to develop an Eco system for the overall growth of the emerging and growth verticals
- Expanding the domestic market through focus on indigenization and self-reliance effort for make in India program
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Supportive Policies
- Enable the ease of doing business wrt SEZ policies, Defense offsets programs
- Taxation issues on Transfer pricing , Service tax related matters
- Enable Government policies to make India as the R&D hub. Some of the key thrust areas include - providing inputs on defence offsets, IOT Policy, Design led manufacturing etc.
Initiatives