India's R&D BPO biz to hit $8 billion

By siliconindia staff writer   |   Friday, 17 September 2004, 07:00 Hrs
Printer Print Email Email
HOUSTON: The research and development outsourcing market for information technology in India to grow from $1.3 billion in 2003 to over $8 billion by 2010.

According to a study by Ireland-based leading market research resource, Research & Markets, India is now well on the road to becoming the world's favourite destination for outsourcing.

"But a low cost advantage does not spell sustainability. Moving away from call-centres and other low-end services, firms are now beginning to exploit the intellectual caliber that is available in India," the study said.

"Evidence of high-end outsourcing is evident from the large number established R&D outsourcing centres in India."

This report looks at various aspects of R&D outsourcing industry in India, with special focus on the R&D outsourcing scenario in the IT, Telecom, Auto, Research and Pharmaceuticals sectors. Estimates for R&D outsourcing in India, with forecasts till 2007 for the IT, telecom and pharmaceutical sectors, are also provided.

The report examines the key drivers and inhibitors impacting the growth of R&D outsourcing, prospects for growth and key success factors. Success stories of some of the major companies like Texas Instruments, Microsoft, Cisco and GE, who have set up large R&D centres in India, are also provided.

The report is based on secondary data as well as extensive interviews with key people at the Indian R&D centres, to understand reasons for success/failure and other attributes of the successful companies.

IBM announces programme
n a bid to recognise the contribution of developers in the open source community, Information ..
Wipro opens third industrial
IT major Wipro Ltd on Thursday opened its centre of excellence for Industrial Internet of Things (..
Google's Gboard gets offline
Google is adding an Artificially Intelligent (AI) offline dictation feature on its Gboard keyb..
Facebook denies cyber attack
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suf..