Business · 1 sources covering this

India's engineering R&D revenue may cross $100 bn by 2030: Nasscom

India's engineering research and development (ER&D) sector is projected to surpass USD 100 billion in revenue by 2030, driven by the integration of Artificial Intelligence (AI) into core engineering workflows, IT industry body Nasscom said on Tuesday. The sector, which is estimated to generate USD 63 billion in revenue in FY26, is witnessing a significant shift as engineering becomes increasingly software-defined, data-driven and intelligent. "Global ER&D spending is projected to reach USD 2.48…

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 1 C · 0 R

How 1 sources are covering this

Business StandardCenter·1h ago
India's engineering R&D revenue may cross $100 bn by 2030: Nasscom
India's engineering research and development (ER&D) sector is projected to surpass USD 100 billion in revenue by 2030, driven by the integration of Artificial Intelligence (AI) into core engineering workflows, IT industry body Nasscom said on Tuesday. The sector, which is estimated to generate USD 63 billion in revenue in FY26, is witnessing a significant shift as engineering becomes increasingly software-defined, data-driven and intelligent. "Global ER&D spending is projected to reach USD 2.48…
Read at Business Standard →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/6ff76a68bbe4a2124be86df4ae23ea302ce0bcee"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="India's engineering R&D revenue may cross $100 bn by 2030: Nasscom"></iframe>

India's engineering R&D revenue may cross $100 bn by 2030: Nasscom

How 1 sources are covering this

India's engineering R&D revenue may cross $100 bn by 2030: Nasscom

More from Business

Anthropic has already paid $1.5 billion: Why Sony Music and Warner Chappell still want more

GST revenue grows 14.8% in August 2026 to nearly ₹2 lakh crore

AI literacy: As AI goes mainstream, India's workforce faces new skills test

Mirzapur movie update: From CBFC cuts to release date, all you need to know

Reader

Trust & legal

Across the network