Home » Resources » Research & Development

Following in the footsteps of the information technology enabled services (ITeS) industry, which put India on the world map, yet another sector -- Research and Development (R&D) -- is witnessing increasing vitality and growth. More than 125 Fortune 500 companies have opted to have their R&D base in India. The reasons for this are obvious. India's wealth of scientific talent is unmatched in the world.

India has now begun to appear on the outsourcing radar with a monotonous regularity. Gone are the days when international companies retained R&D jobs at home and sent abroad work that were clerical and of a repetitive nature. Now, even innovation and design work have begun to move offshore, especially to India. More than 100 Fortune 500 companies — including Delphi, Eli Lilly, General Electric, Hewlett Packard, DaimlerChrysler and others — have put up R&D facilities in India over the past few years.

The best-known Indian R&D companies are in pharmaceuticals and biotech sectors. Companies such as Ranbaxy, Dr Reddy's Laboratories, Sun Pharma and Biocon and Shanta Biotech are attracting interest from companies in the US and Europe, which are seeking a strong platform for development skills.

For more resources on the research and development in India please click here