What's driving India's rise as an R&D hub?
India has long enjoyed a reputation as
a destination for IT and business process outsourcing.
Now, the country is fast emerging as a major center
for cutting-edge research and development (R&D) projects
for global multinationals such as Microsoft and Motorola
as well as Indian firms. More and more companies in
industries ranging from IT and telecommunications through
pharmaceuticals and biotech are setting up ambitious
R&D projects, in part to serve the Indian market, but
also with an eye to delivering new generations of products
faster to global market.
August 23, 2005