India's Engineering Edge

The Indian engineering services market is currently going through the period of exceptional growth due to the many forces which are transforming the market. With Indian juggernaut of technology and innovation shaping the world in its own way, the demand for engineering services has seen a remarkable spike of late. The major force behind the expansion is the rising trend of outsourcing activity among multinational companies via India's huge talent pool of engineers. Indian industries have built a strong reputation for their proficiency across various engineering streams such as mechanical, electrical, software, and civil engineering. Additionally, the two main advantages of India in this field are the availability of skilled engineers and cost effectiveness, which have made India an appealing destination for engineering tasks of all kinds including product design, development, and testing.

And as a result of that, India’s technology landscape, which is largely driven by the Digital India and Make in India programmes, provides new avenues for engineering service providers. The innovation of the country along with entrepreneurship has triggered the boom of specialized engineering solutions that are required across sectors like automotive, aerospace, healthcare and telecommunications. One more factor that supports the development of the engineering services market in India is the fast-growing technology adoption of high-end technologies like artificial intelligence (AI), machine learning (ML), internet of things (IoT) as well as blockchain. These technologies are the reason why the demand for the latest engineering solutions is increasing. These solutions are for businesses that need to stay competitive in the current digital field.  

In this issue, we acquaint you with the top companies in this field. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top companies that have excelled with their meticulous approach. Having proven their dedication in order to meet the customer’s expectations in an end-to-end manner, these leaders have stood out from the crowd.

We look forward to receiving your feedback and suggestions.