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]. Up-skilling needed for thousands of Mechanical engineering graduates for enhancing employability and GDP growth. Similar figures for Electronics engineering with 7% employability in Product Development jobs.
Careers
Product Development industry in India & overseas needs Design/CAE/CAD/Proto/Test engineers. ISRO in Trivandrum contracts engineers with ProMeX certification. R&D institutions & establishments in Electric Mobility – KAL & CET-TrEST Park and Companies need Design & CAE engineers. Post-graduates needed for ASDC skilling initiative by Kerala’s ASAP in KTU & CUSAT engineering colleges & Polytechnics; so also for ASAP’s Community Skill Parks (CSPs) across Kerala (in Product Engineering). Skill-certified tutors needed in Academia in bulk to deliver AICTE’s model curriculum for Engineering Education [2020+].
Potential Avenues for employment for skill-certified talent in Product Engineering
Major drivers for New Product Development & Re-engineering projects & talent: Electric mobility, Autonomous driving, Euro-VI emission regulations, Bio-degradable material alternatives, Localisation. Economy, Scalability, Emerging-Market penetration, etc drive Cost-Reduction & Lightweighting projects.
Safer-cleaner-quieter-lighter products for automotive and transportation applications need talent in tons, skilled enough for hi-tech R&D jobs. Light-weight, fuel-efficient designs of planes & rockets demand engineers in bulk in aerospace industry, skilled enough in product innovation and simulation. Smart devices for industry, society and household demand Electronics & Computer engineers in huge numbers for Industry 4.0 jobs involving Embedded, IoT, Electronic simulation, Artificial Intelligence, ML/DL.
Engineering Career @ Corporate, Freelance-consulting, Start-up, Education & Societal services.
Corporate career in OEMs, Tier-1&2s, Engineering Service Providers, R&D establishments (Govt., Bodies)
Mechanical
Automotive
M&M, Tata, Ashok Leyland, Honda, Toyota, Renault-Nissan, Daimler, VW, TVS, Bajaj, ARAI, Ather, Hyundai, Maruti-Suzuki
Aerospace
Boeing, Airbus, GE, ISRO, NAL, HAL, TAAL, Safran
Consumer Goods
Godrej, Samsung, LG, V-Guard, Havells, Crompton, Elgi, Whirlpool
Defence
DRDO, BEML, Mahindra, Reliance
Heavy Engg.
John Deere, Bombardier, Alstom, Caterpillar, L&T, BHEL
Electronics
BEL, DeepThought, Tata Elxsi, Continental, KPIT
Tier-1&2 Component/Assembly Suppliers
Bosch, Siemens, TRW, JCI, IAC, ITW, Anand, TACO, RBAC, Faurecia, Apollo, Pricol, AutoCast, Visteon.
Computer
Nissan Digital, Fujitsu, Hitachi, Tech Mahindra.
Engineering Service Providers
TCS-EIS, Wipro-PES, Infosys-Engineering, Quest-Global, Tech Mahindra, L&T Technology Services, HCL, CTS, DesignTech Systems, DSI Technologies, Senshin Technologies, WissenBaum, Globematics, Placin, ARI, EDAG, Altran, Bertrand, ESI, Geometric, Onward, IAV, ITC Infotech, Neilsoft, Semcon, YSC Engineering, DeiTel, Sukhena Technologies, Ranal.
While EU & NA are matured but saturated markets, India/GCC/ASEAN/APAC are fast-emerging markets.
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