Indian Economy: News and Discussion

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India's eng, research, development market to reach US$ 63 billion by 2025 : NASSCOM

IBEF: June 25, 2021


According to NASSCOM, the market share of the Indian engineering, research, development market to the global market is projected to grow at a compound annual growth rate (CAGR) of 12-13% to reach US$ 63 billion by 2025.

NASSCOM President, Ms. Debjani Ghosh highlighted that the pandemic has transformed the way consumers perform, interact with businesses, and how corporations interact.

She added, software-led systems, analytics and contactless technologies, are transforming how products are developed, redeveloped, engineered, and consumed.

She said, "This signifies a potential prospect for the ER&D companies in India that are mainly focusing on product development and innovation to collaborate with global enterprises and engineer.”

She said Indian engineering and research and development (ER&D) market share to the global market is expected to grow at a CAGR of 12-13% to reach US$ 63 billion by 2025 from US$ 31 billion in 2019.

She added, "This growth is being powered by global enterprises across telecom, automotive, semiconductor, aerospace, medical devices, consumer electronics, industrial and energy, who are focusing on the Indian ER&D's capabilities for innovation to boost efficient service delivery.”

The NASSCOM Engineering R&D Showcase 2021 event also witnessed participation from global CXOs such as Mr. Guruswamy Ganesh (Senior Vice President, Flash Product Engineering, Western Digital Corporation), Mr. John Neuffer (President and CEO of Semiconductor Industry Association), Mr. Vikram Gupta (SVP – IoT Compute and Wireless of Infineon), Mr. Pieter von Groos (SVP and Head – Product Engineering of Philips) and others.
 

Chandragupt Maurya

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Ya’ll Nibbiars Largest Food exports by country , value of food exports (US Dollars, Thousands)
India is not in top 10 but China is at 4th place
1United States72,682,349.79
2Germany34,628,800.73
3United Kingdom29,540,218.71
4China25,152,286.27
5France24,114,557.76
6Netherlands23,271,570.93
7Japan21,870,881.77
8Canada21,803,448.88
9Belgium15,742,034.88
10Italy13,890,507.81
 
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Haldilal

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Please restrain on this thread , explain it on chit chat thread
Ya'll Nibbiars then please restrain posting such idiotic post here.
 

Haldilal

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Haldilal

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Ya'll Nibbiars The Saas Start Up's are the next thing's.

 

HariPrasad-1

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Ya’ll Nibbiars Largest Food exports by country , value of food exports (US Dollars, Thousands)
India is not in top 10 but China is at 4th place
1United States72,682,349.79
2Germany34,628,800.73
3United Kingdom29,540,218.71
4China25,152,286.27
5France24,114,557.76
6Netherlands23,271,570.93
7Japan21,870,881.77
8Canada21,803,448.88
9Belgium15,742,034.88
10Italy13,890,507.81
Inspite of so much of diversity in food, we are nowhere. Big boost needed in thjis sector.
 

ezsasa

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Ya'll Nibbiars all due to the policies.
701238EE-84BD-4CB2-9C26-B3ED7DE4EC2C.jpeg


being food surplus is a very recent phenomenon, transition from being food surplus to being major food exporter is a different ball game.

Our adversaries seem to understand it better than we do about the direction in which this industry is going, otherwise they wouldn’t be funding these arthiya protests.

and let’s not forget, exporting food means exporting massive amounts water too.
 

Haldilal

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Ya'll Nibbiars a opportunitist with Khangress money in his business fom the 80's. From a little fabric manufacturer to construct a large Refinery due to illegal knagress money. A opportunities with will go with any one. Just Jumala. Ambani will support anyting who gives him business. remember during the MMS how done Chachmagiri for the pariwar. Never forget. Ambani contribution is the Oil re export which helped to gain more export's. The Jio is another story.

And during the 70's Ambani contributions was the low cost suiting which helped to create large scale Polymer industry's. I am not saying they are evil. But I am saying they are not good. Between them. And only the Kolkhibhen is good. She is extremely dharmic.
 
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Haldilal

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View attachment 96351

being food surplus is a very recent phenomenon, transition from being food surplus to being major food exporter is a different ball game.

Our adversaries seem to understand it better than we do about the direction in which this industry is going, otherwise they wouldn’t be funding these arthiya protests.

and let’s not forget, exporting food means exporting massive amounts water too.
Ya'll Nibbiars being food surplus is 30 years old story. And again you have iterated the same our policies are to be blame. Better to export than wasting it's.
 

Haldilal

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Ya'll Nibbiars you can't be good and The Businessman at the same time. Anil Ambani was good that lost the entire businesse's. Was literally a good human but can't be good while doing business. Used to daily run 15 km's from Neapsen Sea Road to the Worli Sea face. Had a daily routine. But too good and the media business was the worst mistake apart from the investment in the Power and Infrastructure which are good but heavy investment and slow and long terms return's which destroyed the business health. The Telecommunications, IT's was a good business with regular return's.
 

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Haldilal

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Haldilal

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Ya'll Nibbiars the Chinese at work disrupting the supplier to the Micromax and Lava. And stopping them to participating in the contract's.

 

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