Share of business ER&D sourcing market in India 2023-2030, by sector

Published by
Shangliao Sun,
Dec 18, 2023
In 2023, India's share of the global engineering, research and development (ER&D) sourcing market was at 17 percent. During the same period, it was estimated that India's market value of business ER&D sourcing would reach 45 billion U.S. dollars. It was projected that the market value would reach 170 billion dollars by the year 2030.

Estimated share of business engineering, research and development sourcing market in India in 2023 with forecast for 2030, by sector

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Release date

October 2023

Region

India

Survey time period

2023

Supplementary notes

*estimated value.
**forecasted value.

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