It was estimated that in the year of 2025, the market size of engineering, research and development (ER&D) in India would reach 63 billion U.S. dollars, more than doubled from 31 billion dollars in 2019. The growth was estimated to be driven by global enterprises across automotive, aerospace, consumer electronics, medical devices, industrial and energy, semiconductor, and telecommunications sectors.
Market size of engineering, research and development (ER&D) in India in 2019 with an estimate of 2025
(in billion U.S. dollars)
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Market size in billion U.S. dollars
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The Economic Times. (June 24, 2021). Market size of engineering, research and development (ER&D) in India in 2019 with an estimate of 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1266984/india-market-size-of-engineering-research-and-development/
The Economic Times. "Market size of engineering, research and development (ER&D) in India in 2019 with an estimate of 2025 (in billion U.S. dollars)." Chart. June 24, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1266984/india-market-size-of-engineering-research-and-development/
The Economic Times. (2021). Market size of engineering, research and development (ER&D) in India in 2019 with an estimate of 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1266984/india-market-size-of-engineering-research-and-development/
The Economic Times. "Market Size of Engineering, Research and Development (Er&d) in India in 2019 with An Estimate of 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Jun 2021, https://www.statista.com/statistics/1266984/india-market-size-of-engineering-research-and-development/
The Economic Times, Market size of engineering, research and development (ER&D) in India in 2019 with an estimate of 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1266984/india-market-size-of-engineering-research-and-development/ (last visited August 25, 2024)
Market size of engineering, research and development (ER&D) in India in 2019 with an estimate of 2025 (in billion U.S. dollars) [Graph], The Economic Times, June 24, 2021. [Online]. Available: https://www.statista.com/statistics/1266984/india-market-size-of-engineering-research-and-development/