India Engineering Research And Development (ER&D) Services Market Share

Statistics for the 2023 & 2024 India Engineering Research And Development (ER&D) Services market share, created by Mordor Intelligence™ Industry Reports. India Engineering Research And Development (ER&D) Services share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of India Engineering Research And Development (ER&D) Services Industry

The India Engineering Research and Development (ER&D) Services Market is semi-fragmented due to the presence of several players. Several key players in the digital transformation market are constantly making efforts to bring advancements. A few prominent companies enter collaborations and expand their footprints in India to strengthen their positions. L&T Technology Services, Tata Technologies, HCL, Infosys, and others are the major players in the market.

• February 2024: Tata Elxsi announced its expansion in Pune, marking the inauguration of a new Global Design and Engineering Center at the Sukhwani Business Hub. This center is strategically designed to provide services to the technology and digital transformation needs of prominent automotive OEMs and tier-1 suppliers.

India Engineering Research And Development (ER&D) Services Market Leaders

  1. HCL

  2. Infosys

  3. L&T Technology Services

  4. Tata Technologies

  5. Wipro

*Disclaimer: Major Players sorted in no particular order

India Engineering Research And Development (ER&D) Services Market Concentration

India Engineering Research and Development (ER&D) Services Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)