India’s digital engineering (DE) space is growing rapidly and is expected to contribute 50% to 60% of the country’s overall ER&D (engineering, research and development) revenue in the coming years, according to a report jointly released by Nasscom and Deloitte.
Digital platforms and tools have been increasingly reshaping connections between businesses, clients, employees and employers in recent years, resulting in a consistent increase in investments in DE endeavours, as per the report.
“India is advancing into the fourth industrial revolution with an optimistic Digital Transformation (DE) revenue amounting to 50-60% in overall ER&D revenues in the coming years,’’ said Debjani Ghosh, President, Nasscom.
“India is well positioned to take the pole position in DE domain,” said Keerthi Kumar, Partner, Deloitte India. DE would play a crucial role in government and industry alike, whether it was for planning, decision making, discovering latest trends or product creation.