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Zinnov study finds Bangalore, Pune leading in auto-aero-semicon R&D

Bangalore, April 30, 2015:  The latest study by management consultants Zinnov reveals that that 96% of MNCs in the areas of   Automotive, Aerospace & Defense and Semiconductorare set up in Tier-1 Cities with Bangalore and Pune accounting for the highest concentration of R&D Talent.
The Zinnov report said that theR&D Talent pool is expected to grow at a CAGR of 10.9% and touch 1 Million by 2020from the present 610,000. The Indian ecosystem currently houses 928 MNCs, with 1165 R&D Centers, making the current MNC R&D Talent Pool stand at 323,000, with the Semiconductor & Automotive verticals employing approximately 10% each of the total MNC R&D talent pool respectively.
The  Zinnov report, presented the talent spilt across verticals like Automotive, Aerospace & Defence and Semiconductor.
Regarding Aerospace, the report says  with top MNCs based out of Bangalore like Airbus, Boeing, Bombardier, Safran, Lockheed Martin etc, R&D Centres in this vertical are aligning their capability with global trends such as IoT and Big Data. Additionally, the Aerospace & Defence MNCs largely employ Software and Embedded Talent with minimum focus on Mechanical Talent, it added.  Aerospace & Defence Vertical in India has come a long way in the product-engineering value-chain, from providing just peripheral services to securing high-involvement collaborations for developing whole subsystems, systems, and solutions.

Vertical                               MNCs in India          Total MNC R&D Talent Pool in India

Aerospace & Defence       13                                 3,356

Automotive                        62                               30,757

Semiconductors                58                               23,333
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Regarding the Automotive vertical, the Zinnov study read that the MNCs in this vertical have a significant R&D presence with players like Mercedes Benz, Visteon, Fiat Chrysler, Renault Nissan, Ford etc having centers in India. And when it comes to talent, Automotive R&D Centers majorly employ mechanical talent but are increasing their hiring focus on embedded and software talent in lieu of emerging technologies such as ADAS.
It also added that the Deccan Triangle (Pune – Hyderabad- Bangalore) is the automotive hub in India with Pune leading with the highest number of Automotive R&D Centers. While cost arbitrage continues to be a key driver for R&D globalization, the Automotive vertical in India has progressed from just CAD/CAM solutions to Infotainment systems, Advanced Driver Assistance Systems (ADAS) and other core engineering solutions.
The Semiconductor vertical in India houses large MNCs like Intel, Qualcomm, ARM, AMD, Applied Materials, Texas Instruments, etc with Internet of Things (IOT)boosting the installed talent in this vertical significantly. The centres largely employ Software and Embedded talent, the study reflected. Additionally, the report also added that India is becoming a key market for most semiconductor companies with initiatives such Digital India and Smart cities in motion. Most of the centers are focussing on next generation technologies which are centered around wireless networking (4G & above) and video technologies. Apart from this, India is also becoming a hub for R&D in developing products for Internet of Things platform.
Says Anand Subramaniam, Engagement Manager & Project Lead , Zinnov:  “Attributing the burgeoning talent growth to factors such as the rise in MNCs (over 200 MNCs have entered the Indian ecosystem in the past half-decade), Service Providers, Tech Startups and Indian Establishments, we are confident that proactive government initiatives like ‘Make in India’ and ‘Digital India’ are expected to further drive the R&D talent intensity in the Automotive, Industrial, Software, Semiconductor and Engineering Services verticals
“There is an increasing shift in mindsets across the R&D community, moving away from cost arbitrage to value creation.The R&D Ecosystem in India has grown at a phenomenal pace in the last decade. MNCs, Service Providers, Tech Startups and Indian Cos/Establishments are driving this growth and by 2020, 49% of the Global 500 R&D spenders will have their centers in India”, he adds
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Zinnov honoured for the 8th time in a row: Zinnov has been  named as
one amongst the Top 20 Outsourcing Advisors Globally, in a listing
published by International Association of Outsourcing Professionals
 (IAOP). This is the eighth time in a row that it has made a mark amongst
leading outsourcing consultants of the world.

The 2016 Global Outsourcing 100 and The World’s Best Outsourcing
Advisors
recognizes the world’s best outsourcing service providers and
advisors. These lists are based on applications received, and judging
is based on a rigorous scoring methodology that includes an independent
review by an independent panel of IAOP customer members with
extensive experience in selecting outsourcing service providers and
advisors for their organizations.
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