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Today the scope of outsourced engineering services has expanded beyond product design and R&D services to include industrial services such as New Product Induction from conceptual design to final product development and validation, process engineering and its improvement, plant automation and enterprise asset management.
To capitalize on its opportunity, India must equip five to seven cities with world-class infrastructure over the next 12 years (by 2020). It must expand its opportunities for engineering education. And it must market itself in a systematic way, to let corporate decision-makers around the world know that Indian engineers can do much more than code. Without serious investments in education and physical plants, and an unprecedented campaign that joins business and government leaders to meet these demands, ESO could be a missed opportunity for India—and part of another country’s boom.