Indian Engineering Industry Demonstrated Exceptional Growth Over the Past Five Years, According to Gyan Research and Analytics27 May 2013 • by Natalie Aster
The Engineering industry forms the basis of all major industries across the world. Important industries such as infrastructure, manufacturing, processing, and metallurgical are heavily dependent on the engineering industry for their growth. Currently, Engineering contributes 12 percent to the global Gross Domestic Product (GDP).
The Indian Engineering industry is the largest among the industrial segments in the country and provides direct and indirect employment to more than 4 million skilled and non-skilled professionals.
The industry has demonstrated exceptional growth over the past five years due to major investments and policy initiatives by the Indian government and by domestic and foreign players.
Global industry leaders are looking at this market as a manufacturing hub, owing to lower prices of raw materials and services, and the availability of a skilled labour force.
The report “Engineering Industry in India-2013” by Gyan Research and Analytics is a thorough study and analysis of the Indian Engineering industry, along with its current status and future scope. It defines the possible opportunities and scope of development in this segment. We analyze in detail the current government initiatives in this sector and the impact they are having on the industry.
Engineering Industry in India-2013
Published: May, 2013
Price: US$ 700.00
The report also briefly discusses the broad global environment of the engineering industry. Interesting topics such as investments and recent trends have been included in the report. To sum up, this report provides an overall picture of the Engineering industry in India and its growth prospects in the near future.
More information can be found in the report “Engineering Industry in India-2013” by Gyan Research and Analytics.
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