siliconindia

According to a report by The Associated Chambers of Commerce of India (ASSOCHAM) and EY, the Indian electronics and hardware industry is expected to reach 112-130 billion US$ by 2018, as the electronics and hardware manufacturers are looking to increase their manufacturing bases in India to cater the domestic market as well as the Middle East, Africa and SAARC countries. Another report by India Electronics & Semiconductor Association states that the Indian Electronic System Design and Manufacturing(ESDM) market will grow from US$ 76 billion in 2013 to US$400 billion by 2020. With India paving its way into the global engineering sector, there has been a sudden rise in the Engineering Design and Development industry.  The arrival of the computers has changed the engineering modules that can be outsourced by a firm while it concentrates on its core activities. The emphasis has shifted to ‘usability’ coupled with attractive packaging. No longer are people satisfied with a functional product; they also want it to be appealing. As CAD and CAE tools get more complex and more powerful, it takes special expertise to properly use these tools and exploit their potential. This need has resulted in a demand for companies that offer engineering services. While the market is full of engineering solution and service providers, not every company has the ability they claim. Keeping this into focus, siliconindia has compiled a list of ‘10 Most Promising Engineering Solution Providers’. These companies are helping with innovative engineering solutions coupled with functionality with an aim to transform a product and give it an edge over their competitors. A distinguished panel comprising of CEO’s, CIO’s, industry analysts and siliconindia editorial  team scrutinized various companies before finalizing the top10 names. These companies have numerous stories to share wherein their solutions have helped their customers to elevate their business.