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Research And Development

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Research and Development

September, 2012


As India is emerging as one of the vanguards in innovations and creativity, the National Innovation Council of India has set aside Rs 5,000 crore (US$ 938.08 million) fund to facilitate talent.

India is well-poised to contribute to global engineering research and development (ER&D) as the ecosystem of captive centres, service providers and startups, increasingly work together to drive innovation.

The country has become a key contributor in global research and of growth in the Asia-Pacific (APAC) region, playing host to one-third of top 1,000 R&D spenders in the world, according to a Zinnov study titled 'Global R&D Benchmarking Study'. The study also highlighted that the opportunity areas for India to attract R&D investment span over 13 sectors, with software being the most invested-in sector.

Further, Sidhant Rastogi, Director-Globalisation Advisory, Zinnov, said "India definitely has the right potential to become a key R&D hub, not only in software for which it has gained recognition globally, but also in other verticals such as aerospace, automotive and defence."

While, Al Brockett, Vice President, Pratt & Whitney Engineering-Module Centres, said, “Indian Institute of Science (IISc) has outstanding technical capabilities that complement our research needs. This is an excellent opportunity for Pratt & Whitney to partner with the institute to develop advanced technologies for future generations of our environmentally friendly propulsion systems."

Indian R&D Sector and Global Impact

India is one of the leading offshore destinations in delivering engineering R&D services with a market share of 22 per cent. The market in India is expected to grow to US$ 42 billion by 2020, according to a Zinnov study titled, 'Engineering R&D: Advantage India'. In last one-and-a-half years, about 39 captive centres were set up by MNCs in India. Some of these were MNCs like Hitachi, Panasonic, Ricoh, Faurecia, Peugeot among others, highlighted the study.

India ranks first in the global Engineering Research and Development and Design (ER&D) outsourcing industry with a 22 per cent share in the revenue, as per a study by NASSCOM. The ER&D market for such services is estimated to touch US$ 40 billion-US$ 45 billion by 2020.

The Indian clinical research market is set, to more than double, to cross US$ 1 billion by 2016, according to a report by Frost & Sullivan. The local US$ 485 million clinical research market is growing at 11-13 per cent as India gains increasing favour as a base for global clinical trials (Phase I-IV), as per the report.

  • India plans to launch Mars Orbiter Mission in November 2013 from the Indian Space Research Organisation (ISRO), Sriharikota, Andhra Pradesh. India will be sixth country to launch a mission to Mars
  • An Australia-India Strategic Research Fund has been created, under which Indian and Australian scientists will jointly undertake 13 new research projects. The broad areas of research identified are environment science, materials science, stem cells and vaccines
  • The Swedish Energy Agency, the Confederation of Indian Industry (CII) and Cleantech Scandinavia have entered into a memorandum of understanding (MoU) for cooperation in the energy sector
  • Novozymes and the Holck-Larsen Foundation have joined hands to set up a scientist exchange programme between India and Denmark. The programme will run from 2013 to 2019, and each year 25 scientists will participate in exchange visits
  • Pratt & Whitney, a United Technologies company, has opened an office at the Indian Institute of Science (IISc), Bengaluru, to increase its long-term commitment to conduct advanced research in gas turbine jet engine technology in India
  • Carl Zeiss AG has established a R&D unit and two manufacturing facilities in Bengaluru. The R&D centre will focus on the medical technology sector and look to develop medical equipments tailored to the Indian market requirements, as per Michael Kaschke, President and Chief Executive Officer (CEO), Carl Zeiss
  • Yahoo! India R&D in partnership with the Indian Institute of Technology (IIT)-Madras has announced the launch of Yahoo! Grid Computing Lab at the IIT-Madras campus