Bangalore: The increasing demand for high-skilled Indian talent has given rise to more number of R&D centres in India. More than 25 global companies have established R&D centres in the country from the beginning of 2012. Now, India is home to around 1,031 total R&D centres, reports Sujit John of TNN.
Groupon's R&D is responsible for creating social buying platforms, where as Expedia in building travel platform which they sell to other companies.
"Unilever's R&D centre works on packaging technologies, supply chain products, creating new plant layouts and plant machinery. He said companies like Altran and Sogeti, a Capgemini subsidiary that specializes in engineering services, had given their India centres the P&L responsibility for many locations outside of their strongholds in Europe,” said Sundararaman Viswanathan, manager-consulting in Zinnov. Last year, a France's high-tech engineering company Altran, having more than 17,000 employees across the globe , said that India would be an ideal place for the growth of the company, as it can aim the local market at the same time supporting its global clients. It said, “The firm is looking at both organic and inorganic routes to scale up operations to reach a workforce of 2,000 high technology experts over the next two years in India. A few companies operating in niche sectors are among the targeted acquisitions.”
In the midst of many Indian providers, HCL, Wipro and TCS have become the most influential ones. HCL reports the revenue of the segment separately with over $700 million of its $6 billion revenue in 2012-13. While Wipro’s and TCS’s revenue is said be almost similar to each other.
There are also a set of niche leaders likeAricent, KPIT Cummins, Persistent, Sasken, eInfochips, Quest Global, Tata Elxsi and Tata Technologies.
Zinnov research founded that, there were $16.3 billion of total exports in engineering R&D services in 2012-13. It was lower than the 12 percent or more growth that was seen in IT and BPO segments of outsourcing from India.