The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of strategic importance to India’s economy. The engineering sector in India attracts immense interest from foreign players as it enjoys a comparative advantage in terms of manufacturing costs, technology, and innovation. India’s engineering R&D market is expected to increase to US$ 42 billion by FY-2022.
- Engage with engineering heads in manufacturing companies, policy makers to understand how India may regain its position as one of the world’s most important manufacturing centers.
