Cover Story

Innovation Inside

The abundance of intellectual capital in the country creates a significant opportunity for MNCs in the ongoing research ecosystem. A considerable number of Indian engineers who are working globally only reiterate the highly trained manpower which is getting available at competitive costs in the R&D and R&D consultancy space. In line with that, numerous MNCs have also shift-ed or are in the process of shifting their R&D bases to India as well. The scope for R&D companies which have been developed in India hand in hand with the MNCs is huge when it comes to serving the local market.The R&D consultancy industry of the country is in the growth phase as it stands....