India enjoys a relatively strong position in the automotive and high-tech telecom engineering services market. With a huge talent pool, strong industry knowledge, and extensive outsourcing experience, India has already secured a prominent position in the outsourcing market. However, as the global engineering outsourcing market is growing continuously, the demand for skilled resources and the focus on digital transformation to propel market growth has also increased. Is India up for this challenge?
Reflecting on the nation’s prior accomplishments can be the best way to evaluate its potential to take over the global engineering outsourcing market by storm.
India – The Preferred Engineering Outsourcing Destination
Actively offering a wide range of professional services to companies across multiple streams of engineering, such as automotive (hybrid technology), aerospace (avionics and structures), telecom (next generation routers), and medical devices (low-cost medical devices), India has already tapped into the billion-dollar worth global engineering outsourcing industry.
India’s main competition comes from China, Brazil, Central, and Eastern Europe, and South Africa. To maintain the position as a key player and capture the engineering offshoring market, Indian service providers are continuously investing in world-class infrastructure, hiring skilled and well-educated resources, and refining their marketing strategies to showcase their competency better. Above all, outsourcing firms in India are continuously retraining their existing workforce to increase their potential to take up new challenges and cater to complex engineering projects.
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