India Turning into R&D Powerhouse
India Turning into R&D Powerhouse....... More and more MNCs are flocking to India to set up an R&D base. Let’s see what makes India a perfect destination for carrying out research activities from the standpoint of technology and innovation........... Today, India is looked at as one of the cheapest R&D destinations with highly talented engineers. The setting up of an R&D base by an increasing number of MNCs is a testimony to this fact. These R&D setups either serve the local market or help the parent company deliver new generation of products faster to the global market. For instance, one of the primary research areas for Philips Lighting India centre is to develop products that can suit Indian operating conditions. In particular, embedded systems related work is growing fast and maturing to focus on enabling value-added devices. Almost every major international firmfrom Intel to Texas Instruments (TI) has its R&D or design lab for microprocessors in India. Tele...