Spotting T&M opportunities in a Slowdown atmosphere
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There are sweetspots of growth possibilities in the Indian T&M sectors even in our traditional market segments.We need to be a little selective here.Defense, Telecom and Aerospace are the big sectors but facing some delays in big deals closure.But the way India Practice for overseas Engineering Majors is going there are possibilities of opening opportunities.
More and more overseas companies are flocking to India for high end workoutsourced to India.If we just pick the niche segments of Semiconductors,Telecom Software and Consumer Electronics the T&M required for research and Engineering Test can be our area of exploration.
A big picture perspective is the Engg Services exports out of India is around 16 Billion USD and some superb technology companies are operating-out of mainly in Bangalore/Hyderabad/NCR.The industry reports say companies like Ruckus Wireless,Ricoh and many others are expanding the product engineering or R&D verification testing out of these centers.Usually these companies give their initial work to big India outsourcers,but as they gain more India experience,their own work as well as their overseas partners work gets contracted to smaller niche companies.But for T&M industry both type companies are the potential customers.Software and Telecom verticals are biggest, but others are also significant segments for T&M players to pursue.We will share some success stories in that in these blogs.Keep watching!
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