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Pioneers of Indian Engineering R&D – Impactful and Noteworthy Stories from Indian ER&D

The global Engineering R&D market is taking quantum leaps and has already reached USD 772 billion in 2020, and is expected to reach greater heights, with a majority coming from digital engineering services. Considering India is the preferred partner for Engineering R&D services, this opens up a significant opportunity for India's Engineering R&D sourcing market.
India is strategically positioned to drive future growth in Engineering R&D and innovation owing to its focus on technology and service delivery excellence, ease of doing business, world-class infrastructure, favourable demography, a large domestic market, and a skilled engineering & digital talent pool which is dynamic and scalable.
Through this "Pioneers of Indian Engineering R&D compendium", we celebrate and present India's successes in the Engineering  R&D space.
This compendium contains highly impactful and noteworthy stories of “Next-Gen”, “Engineered in India”, “Social Impact Products”, “Service Delivery Excellence”, and “Best in Class ER&D Organizations”. The success stories outlined are a testimony to Indian ER&D’s ingenuity, innovativeness, agility, scalability, and collaboration of its constituents.

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Key Findings

63 featured stories from Indian ER&D

  • 18 Next-Gen products, 18 Engineered in India products, 8 Social Impact Solutions, 12 Service Delivery Excellence Solutions, and 7 Changemakers of Indian ER&D are featured in the compendium.
Next-Gen Products and Engineered in India Products

  • India is at the forefront of innovation by developing next-gen products for Indian and global markets. In addition, Indian Engineering R&D players have expanded their scope to assume end-to-end ownership of global products across industry verticals such as healthcare, telecom, energy, consumer electronics, automotive, amongst others.

 

Social Impact Products

  • India Engineering R&D players have efficiently leveraged new-age technologies to develop cost-effective solutions with significant societal impact in areas of healthcare, sustainability, poverty alleviation, amongst others
     
Service Delivery Excellence and Best in Class ER&D Organizations

  • Indian Engineering R&D players have used various solution accelerators, frameworks, and IPs to provide differentiated services to their headquarters and global customers across different industries. Additionally, they have also evolved and moved up in the value chain in the last few years and play a critical role in driving innovation and defining the strategic and technology roadmaps for their headquarters/customers

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