Outsourcing R and D to India
EE Times reports India is attracting research and development outsourcing projects according to a strudy by Research and Markets of Ireland. R&D outsourcing to India is expected to grow from $1.3 billion in 2003 to $8 billion by 2010.
"Growth in R&D outsourcing has been boosted by the outsourcing of services. Now, overseas companies that used India as a low-cost base are beginning to exploit Indian technical expertise."
"The success of Indian R&D centers was attributed to factors such as good management, an emphasis on quality, strong ties to universities and clear roadmaps. The growing number of R&D centers also built on the successes of pioneering companies, the study found."
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