India’s spending on engineering, research and design (ER&D) solutions could increase to $120 billion by the end of this decade from $36 billion now, according to Nasscom<\/a>, the country’s IT services sector lobby group.

Nasscom noted that 26% of the global ER&D spend comes from India and it could grow to 34% by the end of this decade, led by government initiatives such as the production-linked incentive (PLI) scheme, launch of 5G and the country’s growing pool of engineers.

“The ER&D sector in India has been around for over two decades. And it's amazing to see how the sector has evolved and grown over this period at $36 billion in revenue in FY22. This sector is already over 16% of the total
industry<\/a>,” Krishnan Ramanujam, the chairperson of Nasscom, said at the launch of the 14th Nasscom Design<\/a> and Engineering Summit in Bengaluru.

Ramanujam said India’s BPO sector has emerged as a key player for engineering and product innovation in the country. “Over 70% of the 50 most innovative global companies have a centre in India, and 12 of the top 50 engineering service providers are headquartered in India, and a growing pool of startups that are building the emerging technology segments,” he said.

Kartikeyan Natarajan, the COO of tech company
Cyient<\/a> and co-chair of engineering services forum at Nasscom, said,” The total ER&D spend is likely to grow to $2.9 trillion by the end of this decade, and about $120 billion will be delivered out of India, which is roughly 34% of the market share.”

A recent Nasscom survey found that 70% of the ER&D industry respondents are exploring cooperation opportunities with startups and engineering service providers, along with their own centres in India. This opportunity can be boosted through better IP rights, government policies, collaborating with academia and creating innovation superclusters, Kartikeyan said.
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印度ER&D开支有可能在2030年增长到1200亿美元:行业协会

行业协会指出,26%的全球ER&D花来自印度和它可以增长到34%这个十年结束时,由政府计划如根据激励(PLI)计划,推出5 g和国家的不断扩大的工程师。

  • 2022年9月12日更新是07:03点

印度的工程支出,研究和设计(ER&D)解决方案可能会增加到1200亿美元的十年从现在的360亿美元,根据行业协会,中国的IT服务行业游说团体。

行业协会指出,26%的全球ER&D花来自印度和它可以增长到34%这个十年结束时,由政府计划如根据激励(PLI)计划,推出5 g和国家的不断扩大的工程师。

“ER&D部门在印度已经存在了超过二十年。和令人惊奇的看到行业发展和成长在此期间在FY22 360亿美元的收入。这个行业已经超过总数的16%行业“Krishnan Ramanujam,行业协会的主席,在14日的发射说Nasscom设计和工程峰会在班加罗尔。

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Ramanujam说印度的业务流程外包行业已成为工程和产品创新的一个关键球员。“超过70%的50个最创新的跨国公司在印度有一个中心,和12的前50名工程服务提供商是总部设在印度,和越来越多的初创企业构建新兴技术领域,”他说。

Kartikeyan Natarajan,科技公司的首席运营官Cyient和工程服务论坛联合行业协会说,“总ER&D花可能会增长到2.9万亿美元,这十年的结束,以及约1200亿美元将从印度,大约34%的市场份额。”

行业协会最近的一项调查发现,70%的受访者ER&D行业正在探索合作机会与初创公司和工程服务提供商,连同自己的中心在印度。这个机会可以通过更好的知识产权,推动政府政策,与学术界合作,创造创新超星系团,Kartikeyan说。

  • 发布于2022年9月12日下午07:01坚持
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India’s spending on engineering, research and design (ER&D) solutions could increase to $120 billion by the end of this decade from $36 billion now, according to Nasscom<\/a>, the country’s IT services sector lobby group.

Nasscom noted that 26% of the global ER&D spend comes from India and it could grow to 34% by the end of this decade, led by government initiatives such as the production-linked incentive (PLI) scheme, launch of 5G and the country’s growing pool of engineers.

“The ER&D sector in India has been around for over two decades. And it's amazing to see how the sector has evolved and grown over this period at $36 billion in revenue in FY22. This sector is already over 16% of the total
industry<\/a>,” Krishnan Ramanujam, the chairperson of Nasscom, said at the launch of the 14th Nasscom Design<\/a> and Engineering Summit in Bengaluru.

Ramanujam said India’s BPO sector has emerged as a key player for engineering and product innovation in the country. “Over 70% of the 50 most innovative global companies have a centre in India, and 12 of the top 50 engineering service providers are headquartered in India, and a growing pool of startups that are building the emerging technology segments,” he said.

Kartikeyan Natarajan, the COO of tech company
Cyient<\/a> and co-chair of engineering services forum at Nasscom, said,” The total ER&D spend is likely to grow to $2.9 trillion by the end of this decade, and about $120 billion will be delivered out of India, which is roughly 34% of the market share.”

A recent Nasscom survey found that 70% of the ER&D industry respondents are exploring cooperation opportunities with startups and engineering service providers, along with their own centres in India. This opportunity can be boosted through better IP rights, government policies, collaborating with academia and creating innovation superclusters, Kartikeyan said.
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