By Kishor Patil
The global landscape is undergoing a series of major disruptions, particularly in the engineering, research, design and development (ER&D) sector. These disruptions, encompassing clean tech and sustainability, AI and autonomy, and global supply chain shifts, present significant challenges and unprecedented opportunities for India.
Clean Tech, AI, and Supply Chain Shifts: A New Era of Opportunities
The automotive industry's shift towards electrification is a prime example of the growing emphasis on green technology and sustainability across all sectors. This focus presents a massive opportunity for India to become a global leader in sustainable solutions.
Simultaneously, the rise of AI and Gen AI is transforming industries worldwide. While autonomous vehicles are a prominent example, the application of AI and Gen AI extends far beyond, with businesses across sectors seeking to leverage its potential. India, with its strong software and tech capabilities, is well-positioned to capitalize on this trend.
The ongoing global supply chain disruptions, exacerbated by geopolitical and economic factors, have highlighted the need for diversified and resilient supply chains. This presents another opportunity for India to attract investment and become a key player in the global supply chain landscape.
Harnessing GenAI creatively, Added focus on Design in India: Reorienting potential
India's vast pool of STEM graduates is a significant asset in this evolving landscape. However, with GenAI potential, we need to harness them differently. We must address the challenge of developing high-level skills in problem definition, architecture, and scaling in specialised areas.
I have earlier emphasized that Make in India is a great initiative, but it's not sufficient. We need to also have Design in India. That’s where the Indian ER&D ecosystem can play a role. Additionally, collaboration and learning from countries like Taiwan can play a crucial role in accelerating India's progress. It's time to forge partnerships.
Imbibing best practices and leveraging Software prowess
China's advancements in adopting electric vehicles and other autonomous and connected technologies fuelled by vast amounts of data and supportive regulations have given it a competitive edge in the automotive ecosystem. Innovations and regulation around data capture and use combined with India's software development strengths, utilising AI to enhance core engineering functionalities, can help our OEMs accelerate their progress and gain a stronger foothold in the global market.
A Wish List for India's ER&D Future
To fully realize India's potential in the ER&D sector, we need a supportive policy environment. Increased research support, particularly through grants, boosts innovation and fosters a research-oriented mindset. Additionally, greater funding for startups, especially in deep tech areas, is essential for nurturing the next generation of technology leaders.
Continued government support for job creation in technology and manufacturing will further strengthen India's position as a global ER&D hub. Investing in research, technology, and manufacturing can create a thriving ecosystem that attracts global investment and drives sustainable economic growth.
In conclusion, the current disruptions in the ER&D landscape present a unique opportunity for India to emerge as a global leader. By focusing on developing high-level skills, fostering international collaborations, and leveraging our software strength, we can navigate these disruptions and create a brighter future for India's ER&D sector.
Kishor Patil, Chair, nasscom ER&D Council | Cofounder CEO & MD, KPIT Technologies.
Views are personal and do not represent the stand of this publication.
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