In 2023, India's share of the global engineering, research and development (ER&D) sourcing market was at 17 percent. During the same period, it was estimated that India's market value of business ER&D sourcing would reach 45 billion U.S. dollars. It was projected that the market value would reach 170 billion dollars by the year 2030.
Estimated share of business engineering, research and development sourcing market in India in 2023 with forecast for 2030, by sector
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NASSCOM (India). (October 20, 2023). Estimated share of business engineering, research and development sourcing market in India in 2023 with forecast for 2030, by sector [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/1427387/india-share-of-business-erandd-sourcing-market-by-sector/
NASSCOM (India). "Estimated share of business engineering, research and development sourcing market in India in 2023 with forecast for 2030, by sector." Chart. October 20, 2023. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/1427387/india-share-of-business-erandd-sourcing-market-by-sector/
NASSCOM (India). (2023). Estimated share of business engineering, research and development sourcing market in India in 2023 with forecast for 2030, by sector. Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/1427387/india-share-of-business-erandd-sourcing-market-by-sector/
NASSCOM (India). "Estimated Share of Business Engineering, Research and Development Sourcing Market in India in 2023 with Forecast for 2030, by Sector." Statista, Statista Inc., 20 Oct 2023, https://www.statista.com/statistics/1427387/india-share-of-business-erandd-sourcing-market-by-sector/
NASSCOM (India), Estimated share of business engineering, research and development sourcing market in India in 2023 with forecast for 2030, by sector Statista, https://www.statista.com/statistics/1427387/india-share-of-business-erandd-sourcing-market-by-sector/ (last visited October 04, 2024)
Estimated share of business engineering, research and development sourcing market in India in 2023 with forecast for 2030, by sector [Graph], NASSCOM (India), October 20, 2023. [Online]. Available: https://www.statista.com/statistics/1427387/india-share-of-business-erandd-sourcing-market-by-sector/
