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Is India ready to lead the Global Engineering Industry?

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Deepshikha Singh, Special EditorIndia has come a long way with its engineering sector witnessing a remarkable growth over the past few years. We have emerged as a key player driven by increased investments in infrastructure and industrial production. Being closely associated with the manufacturing and infrastructure industry, the engineering sector is of strategic importance to India’s economy. Today, over 6000 engineering service providers cater to the engineering sector whose growth is driven by various industries such as infrastructure, power, steel, automotives, oil & gas, consumer
durables and many more. The favorable regulatory policies and growth in manufacturing sector has invited several foreign players to invest in India. In2014, India became a part of an exclusive group of 17 countries who are permanent signatories of the Washington Accord (WA),an elite international agreement on engineering studies and mobility of engineers. According to a recent industry report, the total offshore engineering expenditure is expected to grow to $150-$225 billion by the year 2020, and India with its huge talent pool and existing experience in engineering services, is well suited to take over the global engineering services industry.

On that note, we present to you silicon india’s list of ’10Most Promising Engineering Service Providers - 2017’ who are the road-rollers amongst their domain, providing unique range of solutions and services to the engineering sector. We hope that the list will help you find the best firms who with their unique features and cutting-edge services have made their mark in the evolving engineering segment, thus making them the top-notch players of the realm. The issue also brings to you deep market insights from industrial leaders across the world. We would also recommend you to read the stories of the vendors which are leaving no stone unturned in helping its clients achieve t heir business objectives, going over and beyond the scope of delivery.

Your ideas are always welcome!