Destination India for ER&D sourcing: Here're top 5 sectors' share in 2023
The country is a destination for ER&D due to its digital talent and startup ecosystem
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India will have 22 per cent of the global engineering research and development (ER&D) sourcing market by FY30, says a report. The software, automotive and semiconductor sectors are expected to be the top contributors in this market. The country is a destination for ER&D due to its digital talent and startup ecosystem. ER&D, by one definition, is a company’s efforts in innovation and improvement of product.
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Topics : engineering digital workplace
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First Published: Oct 15 2023 | 10:39 PM IST
