nasscom engineering summit 2014: panel discussion ii b: is india an engineering hub? :regu ayyaswamy
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1 Copyright © 2014 Tata Consultancy Services Limited
IS INDIA AN ENGINEERING HUB?Regu AyyaswamyVice President & Global Head – Engineering and Industrial ServicesTATA Consultancy Services
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Moving up - Cost leverage to Value leverage
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Emerging market opportunity
• India- 4th largest automotive market by volume, by 2015
• 4th largest consumer of crude oil and petroleum products in the world.
• USD 29 Billion consumer electronics market by 2020.
• 20,000 MW of solar power by 2022
• Asia-Pacific accounts for 67.1% of the global semiconductors market value.
• Asia-Pacific accounts for 47.0% of the global communications equipment market value.
Source: Makeinindia.gov.in, Market line reports
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Products specific to the emerging markets
50% Faster New
Product Introduction
40% Lower NPD Cost
Cost reduced from
$80 to $2Per Use
5 Patents
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Democratize Innovation - Across the globe
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Engineering the Future in India
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