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12 December

India No. 1 Choice for Outsourced Engineering and R&D Service

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India is emerging as the No. 1 Choice for Engineering and R&D, says Time of India Report based on research and study done by Zinnov.

 

 

There is a significant expansion and growth of large and medium sized MNC's own Captive Engineering and R&D centers, as well as large and medium sized Outsourced Engineering and R&D centers.

As part of this growth there are also small and highly focused Outsourced Engineering and R&D center catering to Small and Start-Up organization across the globe from India. These service providers form the pool of Nano Outsourced Engineering and R&D centers.

The need for small and start-up organization is significantly different from that of the established OEMs.

The smaller companies require,

  • One-stop-Shop for end-to-end product development covering Mechanical, Electrical/Electronics, Firmware and Software
  • Ability to complement the core technological strength of the company with expertise and experience
  • To support organizations who sometime have zero or very little technological know-how, but have a market potential idea
  • To start with the ability to quickly prototype the concept to validate market and drive for funding for next stage
  • And eventually the ability to take the engineering design to production with minimal budget and timeline, in a global setting

This demands the Nano Outsourced Engineering and R&D center to be flexible, nimble, ability to scale and versatile.

The effectiveness of such Nano Outsourced Engineering and R&D center depends on,

  • Experience in developing end-to-end products
  • Ability to bring in Global Subject Matter Experts (SME) from relevant domain into product development cycle on-demand
  • Frugal Engineering Practices to do More with Less
  • Cost effective in-house prototyping capability to quickly validate concepts
  • Eco-System of partners for Industrial Design, Prototyping, Tooling, Manufacturing and Assembly
  • Manage early stage low volume production
  • Ability to take the product to compliance and certification
  • Provide effective technical support after product launch

Srushty is glad to be part of this growing space of India's Outsourced Engineering and R&D Services, focusing on serving and supporting the Small and Start-up organization as a Nano Outsourced Engineering and R&D center.

 

Read 4991 times Last modified on Sunday, 10 April 2016 04:14
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