Monthly Archives July 2010

Global product engineering to India grows 40% in last 3 years

The recent report by Booz & Company with Nasscom shows continued growth in global engineering predominantly to India. Overall spending on ER&D increased 12% from $980 billion in 2008 to $1.1 trillion in 2009 and is expected to expand to $1.4 trillion by 2020. India, a pioneer and leader in the global sourcing industry, remains [...]