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What is India’s Engineering Services Outsourcing Potential about?

1) The global engineering services market is huge, valued at $750 billion in 2004 and projected to reach over $1.1 trillion by 2020. However, only $10-15 billion is currently being outsourced, most of which goes to India. 2) India has the potential to capture $50 billion in annual revenue from the engineering services outsourcing market by 2020 if it invests in infrastructure, education, and marketing. Key industries that outsource engineering services include automotive, aerospace, hi-tech, utilities, and

Author

Sanjay Baid

Language

EN