Friday, Mar 29 2024 | Time 18:27 Hrs(IST)
image
Business Economy


NASSCOM ER&D council launches inaugural edition of Engineering R&D showcase: Honored impact in Indian ER&D

Kolkata, Jun 24 (UNI) The NASSCOM Engineering, Research & Development (ER&D) Council launched the inaugural edition of the Engineering R&D Showcase to demonstrate India’s role as a global leader in Engineering, R&D and recognize the extraordinary impact delivered by the Indian ER&D ecosystem comprising of Global Capability Centers (GCCs), Engineering Services Providers (ESPs), Start-Ups, and India-based Manufacturing Companies, globally.
With FutureFactor360 as a knowledge partner, the virtual event, "Engineering the Future: Advantage India," focused on the three key themes - "Powering Innovation,"; "High-Impact Service delivery,"; and "Think-force of the future" and served as a platform to celebrate significant contributions of India's ER&D community. The event was a culmination of the NASSCOM Engineering Innovation Awards 2021 that honoured “Pioneers and Changemakers” in Indian Engineering, R&D.
The event served as a unique confluence of leaders and experts from Engineering, R&D ecosystem who came together to present high impact stories of innovation, service delivery excellence, and unique talent capabilities from India; discussed the challenges and best practices to leverage India’s full potential in Engineering, R&D; deliberate on new paradigms of talent. Over 3000 participants joined us from India and globally who came to celebrate the ecosystem in full strength.
On launching the Engineering R&D Showcase, Debjani Ghosh, President, NASSCOM, said, “India’s share in the global engineering and research and development (ER&D) market is expected to grow at a compound annual growth rate (CAGR) of 12-13% to reach $63 billion by 2025 from $31 billion in 2019. This growth is being driven by global enterprises across Automotive, Aerospace, Consumer Electronics, Medical Devices, Industrial & Energy, Semiconductor, Telecom who are tapping into Indian ER&D’s ability to power innovation, drive high impact service delivery by leveraging think force of the future. The ER&D Showcase 2021 serves as a testament to India’s strengths and excellence in engineering and innovation. We would like to congratulate the winners of the NASSCOM Engineering and Innovation Awards 2021 who have been featured as a part of the showcase. The initiative, impact, and pivotal contributions of these players truly help evangelize India as the destination of choice for ER&D”
The event observed keynotes from global CXOs such as John Neuffer, President and CEO of Semiconductor Industry Association; Pieter von Groos, SVP and Head – Product Engineering of Philips and Vikram Gupta, SVP – IoT Compute & Wireless of Infineon, Guruswamy Ganesh, Senior Vice President, Flash Product Engineering, Western Digital Corporation and observed participation from stalwarts and C-level executives of the Indian and global technology industry.
UNI BM SHK2105
More News
India's core sector output rises to three-month high of 6 7 pc in February

India's core sector output rises to three-month high of 6 7 pc in February

28 Mar 2024 | 7:51 PM

New Delhi, Mar 28 (UNI) Driven primarily by coal, cement and crude oil production, India's core sector comprising of eight key infrastructure components grew 6.7% year-on-year in February 2024, as per data released by Ministry of Commerce and Industry on Thursday.

see more..

Honda Motorcycle & Scooter India achieves historic 6 cr domestic sales milestone

28 Mar 2024 | 7:19 PM

Mumbai, Mar 28 (UNI) Honda Motorcycle & Scooter India (HMSI) announced on Thursday that it has accomplished a historic achievement of 6 crore domestic sales in India. Honda ventured into the Indian market with its first two-wheeler, the Activa, in 2001.

see more..

28 Mar 2024 | 5:28 PM

UNI NK AKS.

see more..
Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

28 Mar 2024 | 5:16 PM

Rudrapur, Mar 28 (UNI) From power Back-up solutions to Batteries and Solar applications, Luminous Power Technologies on Thursday announced the launch of its state-of-the-art solar panel manufacturing facility here.

see more..

Kottayam-Kochi Rubber Market rates

28 Mar 2024 | 5:04 PM

Kottayam, Mar 28 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Thursday per quintal.

see more..
image