Engineering Research & Development (ER&D) – An iNCAETEK Analysis

Engineering Research & Development (ER&D) market enjoys fast paced growth globally. India by 2022, is projected to handle $42 billion in ER&D through indigenous Product Engineering work and outsourced services. The Indian context India produces two lakhs Mechanical engineering graduates annually; Meager 6% employability in Design jobs. Projected talent shortage is tens of thousands [2020-’22]. …

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