An analysis of the promise of the Indian R&D ecosystem and why it still holds good.
A strong and vibrant ecosystem has enabled centers in India to identify synergies, collaborate and develop solutions for both Indian and foreign markets. The MNC R&D centers in India have notched up many demonstrable wins in the fields of product development, establishment of blue ocean opportunities and technology competence. The centers are likely to benefit from government incentives to promote innovative development in India. MNC R&D centers can also leverage the rich startup ecosystem and strong vendor partnerships. The future looks promising with MNC R&D centers taking bold bets, institutionalizing more global roles and moving up the maturity curve.
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