Running on Indian software and tech from aircraft to cars
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A recent report by JP Morgan Equity Research states that companies such as Renault, BMW, Jaguar Land Rover and Honda are sourcing their digital content requirements from India. The demand is so high that last year L&T had to open a delivery center in Poland to meet the needs of a US-based company. The company provides engineering and development services. Similarly, companies like Boeing and Airbus are also banking on highly-skilled and low-cost engineers from India. Big companies of the world have opened their centers of excellence in India.
1.5 million engineers every year
Every year 15 lakh engineering students pass out from India. Boeing gets an engineer in Bengaluru at a cost of only 7% of what it pays for an engineer in Seattle. Boeing has the largest workforce outside the US in India. Rockwell Collins, a maker of cockpit electronics, was among the companies that started sourcing work to India in the early years. This thing is from the year 2000. In the same year, Boeing opened the Center of Excellence in India. Today every company in the aerospace sector has its presence in India. Aircraft today has become a digital product and aircraft manufacturing companies need quality talent from India in software, simulation and electronics.
Ashmita, country head of aircraft engine maker Pratt & Whitney, says India has talent, research, innovation and engineering productivity to offer to the world. An example of this is Indian startups that have made revolutionary innovations in the field of aerospace. Indian engineers have an important role in the designing of aircraft engines at the world’s largest company GE’s largest research facility in Bengaluru. This engine will reduce fuel consumption by 20%. Overall it would be correct to say that today the world runs on the software of India.
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