How big is the India Engineering Research And Development Services Market?

The India Engineering Research And Development Services Market size is expected to reach USD 121.27 billion in 2024 and grow at a CAGR of 10.26% to reach USD 197.66 billion by 2029. Read More

What is the current India Engineering Research And Development Services Market size?

In 2024, the India Engineering Research And Development Services Market size is expected to reach USD 121.27 billion. Read More

Who are the key players in India Engineering Research And Development Services Market?

HCL, Infosys, L&T Technology Services, Tata Technologies and Wipro are the major companies operating in the India Engineering Research And Development Services Market. Read More

What years does this India Engineering Research And Development Services Market cover, and what was the market size in 2023?

In 2023, the India Engineering Research And Development Services Market size was estimated at USD 108.83 billion. The report covers the India Engineering Research And Development Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Engineering Research And Development Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India Engineering Research And Development (ER&D) Services Market Share

Statistics for the 2023 & 2024 India Engineering Research And Development (ER&D) Services market share, created by Mordor Intelligence™ Industry Reports. India Engineering Research And Development (ER&D) Services share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of India Engineering Research And Development (ER&D) Services Industry

The India Engineering Research and Development (ER&D) Services Market is semi-fragmented due to the presence of several players. Several key players in the digital transformation market are constantly making efforts to bring advancements. A few prominent companies enter collaborations and expand their footprints in India to strengthen their positions. L&T Technology Services, Tata Technologies, HCL, Infosys, and others are the major players in the market.

• February 2024: Tata Elxsi announced its expansion in Pune, marking the inauguration of a new Global Design and Engineering Center at the Sukhwani Business Hub. This center is strategically designed to provide services to the technology and digital transformation needs of prominent automotive OEMs and tier-1 suppliers.