As Indias overall economic recovery is happening slowly and steadily(while the Global pains are
still to get over), one thing remains sure footed. This is an unassailed positioning as a frugal destination for Global R&D.India as a market for tech products and a resource center for the rare as well as generic skills in development remains intact.Well the R&D work is many times concurrent,and the manpower engaged here is either trying to augment the work in Corporate Labs at home country,or supplements by a synchronicity of time.Sometimes even the products are getting developed locally both for Global Market,as well as Customised for value engineered largely meant for India.
We need to get deeper and understand where these engineers and scientists reside in Indian innovation centers,what cities are the major hosts to the highly qualified manpower,and most importantly what sectors of technology these people are working on!If we quickly make a reference to Study by Zinnov, we find that the major talent resides in Southern cities of Bangalore,Hyderabad and Chennai and followed by NCR cluster.Pune is fast catching up,as the Auto sector related work picks up around this cooler town.
Because of very amenable nature of software and design services type of work Semiconductor vertical is at the Top of Electronics oriented R&D,and closely followed by Defense and Aerospace
sector.Due to number of Personnels engaged in the Industry Auto vertical is highest. It is our speculation that Digital India, local Defense Manufacturing oriented towards Make in India will increase substantially the Defense and Aerospace man powers.Looks like MNC R&D persons are the best catchment area for the High cost ,High technology T&M services and hardware from the Industry both now and future.Clentele is sophisticated,business processes are driven by Global procurement processes and opportunities to do a good job of selling and supporting is high.
Can our T&M services and hardware industry systematically go after this specific cluster of clients which are expected to top 1 Million in numbers over 3-5 years? This could be linked to an opportunity where sometimes window can be narrow,but pay off very high,!
Excellent inputs to the T&M fraternity, to make this domain a happening sector.
ReplyDeleteThanks.
- Hari (hari@aaplweb.com)
This is a good yard stick to know the increase in the importance given to T&M industry by Defense. Also, a good call to the T&M key players to first collaborate ( and then probably compete :) ) , to address the testing challenges in Indian Defense and help the industry to deliver a better quality output. 20,000 Cr is a great figure to go after this market. Stars are in the eyes already, and the ears just heard a pleasant music !
ReplyDelete-Pavan Ramesh