India’s Engineering Excellence Powering World’s Most Advanced Sectors: Piyush Goyal
Published: June 2024 | Author: Han Digital Research Team
Introduction: India’s Engineering Prowess on the Global Stage
India’s engineering talent has emerged as a cornerstone of innovation and progress, powering the world’s most advanced sectors. At the recent Global Engineering Alliance Summit, Union Minister Piyush Goyal highlighted how Indian engineers are not just meeting but exceeding global expectations (IANS LIVE, June 2024). This engineering excellence is not only transforming India’s economy but is also pivotal for multinational companies establishing Global Capability Centres (GCCs) in India.
This article explores the key drivers behind India’s engineering leadership, recent research on the GCC landscape, and how professional services companies can leverage this ecosystem. We also examine the unique role of Han Digital in connecting organizations with top-tier talent and leadership for sustainable GCC success.
India: The Engine Room of Global Engineering Innovation
India’s reputation as a global engineering powerhouse is built on decades of investment in STEM education, a robust talent pipeline, and a culture of innovation. According to Minister Piyush Goyal, Indian engineers are now at the forefront of sectors such as aerospace, automotive, semiconductors, renewable energy, and digital transformation.
“India’s engineering excellence is powering the world’s most advanced sectors,” Goyal stated at the summit, emphasizing the country’s critical role in global supply chains and R&D initiatives. From designing next-generation electric vehicles to developing cutting-edge AI algorithms, Indian engineers are shaping the future of technology and industry.
Recent Research: India’s GCC Landscape in 2024
The Global Capability Centre (GCC) model has witnessed exponential growth in India. As per the NASSCOM GCC Trends Report 2024, India is home to over 1,580 GCCs, employing more than 1.66 million professionals. The report highlights that 75% of new GCCs established in 2023-2024 focus on high-value engineering, R&D, and digital transformation projects.
- Engineering & R&D: 48% of GCCs in India have core engineering and R&D mandates, delivering critical innovation for global enterprises.
- Talent Availability: India produces over 1.5 million engineering graduates annually, with a growing share specializing in AI, data science, and advanced manufacturing.
- Cost-Efficiency & Quality: GCCs in India deliver up to 40% cost savings compared to Western markets, without compromising on quality or innovation.
- Leadership Pipeline: 67% of GCCs now have Indian-origin leaders at the helm, reflecting the maturity and global readiness of the local talent pool.
A Deloitte GCC Survey 2024 further notes that India’s GCCs are rapidly moving up the value chain, with 60% now directly involved in product development, IP creation, and digital transformation for their parent organizations.
Key Sectors Powered by Indian Engineering Excellence
India’s engineering talent is driving innovation across multiple advanced sectors:
- Aerospace & Defence: Indian engineers are collaborating with global majors like Boeing, Airbus, and Lockheed Martin on design, simulation, and avionics. Indigenous projects such as HAL’s Tejas fighter jet and ISRO’s Chandrayaan missions highlight world-class capabilities.
- Automotive & Electric Mobility: India is a global hub for automotive R&D, with GCCs of Mercedes-Benz, Ford, and Tata Motors leading the charge in EV design, battery technology, and autonomous driving.
- Semiconductors & Electronics: With the government’s Semicon India Programme, India is attracting global chipmakers for R&D and design, supported by a robust engineering talent pool.
- Renewable Energy & Sustainability: Indian engineers are developing advanced solar, wind, and hydrogen solutions, supporting global energy transition goals.
- Digital Transformation & AI: GCCs in India are leading global digital initiatives, from AI-driven healthcare to fintech innovation, leveraging the country’s deep expertise in data science and software engineering.
Why Global Capability Centres Choose India
Professional services companies and multinational organizations are increasingly selecting India as the destination for their GCCs for several strategic reasons:
- Unmatched Talent Pool: India’s engineering graduates are not only technically proficient but also bring strong problem-solving, communication, and leadership skills.
- Innovation Ecosystem: Proximity to leading universities, research labs, and startups fosters continuous innovation and cross-pollination of ideas.
- Cost-Effectiveness: Significant cost savings enable organizations to reinvest in R&D and digital transformation.
- Scalability: India’s vast talent market allows GCCs to scale operations rapidly, supporting global business growth.
- Government Support: Proactive policies, such as the Digital India and Make in India initiatives, create a favorable environment for investment and innovation.
Han Digital: Your Strategic Partner for Talent and Leadership in GCCs
Establishing a successful GCC in India requires more than just access to talent—it demands a deep understanding of the market, leadership networks, and cultural alignment. This is where Han Digital stands out as a trusted partner for professional services companies and multinationals.
- Expertise in Talent Mapping: Han Digital leverages proprietary data and analytics to map India’s engineering and leadership talent, ensuring organizations identify the right skills for their GCC mandates.
- Senior Leadership Connections: With established relationships across industry leaders, Han Digital connects organizations with CXOs, VPs, and domain experts who can drive GCC strategy and execution.
- Customized Talent Solutions: From campus hiring to executive search, Han Digital tailors solutions for each client’s unique requirements, ensuring a seamless talent acquisition process.
- Market Intelligence: Han Digital’s research teams provide real-time insights on talent trends, compensation benchmarks, and competitor activity, empowering organizations to make informed decisions.
- Diversity & Inclusion: Han Digital champions diversity in engineering and leadership roles, helping GCCs build high-performing, inclusive teams that reflect global best practices.
With over two decades of experience and a track record of success, Han Digital is uniquely positioned to help organizations unlock the full potential of India’s engineering excellence for their GCCs.
Case Studies: Engineering Excellence in Action
1. Automotive R&D GCC for a Fortune 100 OEM
A leading US automotive manufacturer partnered with Han Digital to establish a 1,000+ member R&D centre in Bengaluru, focused on EV and autonomous vehicle technology. Han Digital’s talent mapping and leadership search enabled the client to onboard top engineers and build a robust innovation pipeline within 18 months.
2. Semiconductor Design GCC for a Global Tech Giant
A major semiconductor company leveraged Han Digital’s market intelligence to set up a design centre in Hyderabad. The centre now leads global chip design projects, with Indian engineers filing multiple patents annually.
3. Digital Transformation Hub for a Professional Services Firm
A Big Four professional services firm engaged Han Digital to scale its digital transformation hub in India. Through targeted hiring and leadership connects, the hub now delivers AI, analytics, and cloud solutions for clients worldwide.
Future Outlook: India’s Role in Next-Gen Engineering
Looking ahead to 2025 and beyond, India’s engineering ecosystem is set to play an even greater role in global innovation. According to McKinsey’s 2024 Digital Engineering Talent Report, India will account for 30% of the world’s digital engineering talent by 2025.
Key trends shaping the future include:
- Deep Tech Adoption: AI, quantum computing, and IoT will drive new engineering paradigms, with India at the forefront.
- Sustainability & Green Engineering: Indian engineers will lead global efforts in renewable energy, circular economy, and sustainable manufacturing.
- Global Leadership: More Indian professionals will take on global leadership roles, shaping strategy and innovation for multinational enterprises.
- Hybrid Work Models: GCCs will adopt flexible, hybrid work models, leveraging India’s digital infrastructure and talent mobility.
How Professional Services Companies Can Succeed with GCCs in India
To maximize the value of their GCC investments, professional services companies should:
- Partner with Local Experts: Collaborate with firms like Han Digital for talent acquisition, market intelligence, and leadership hiring.
- Invest in Talent Development: Upskill and reskill engineers in emerging technologies to maintain innovation leadership.
- Foster a Culture of Innovation: Encourage cross-functional collaboration, experimentation, and knowledge sharing.
- Prioritize Diversity & Inclusion: Build diverse teams to drive creativity and reflect global client needs.
- Leverage Government Initiatives: Engage with programs like Digital India and Make in India for incentives and support.
Conclusion: India’s Engineering Excellence – The Foundation of Global Success
India’s engineering excellence is not just a national asset—it is a global force powering the most advanced sectors and enabling multinational organizations to innovate at scale. As Minister Piyush Goyal emphasized, Indian engineers are shaping the future across aerospace, automotive, semiconductors, and digital transformation.
For professional services companies and multinationals establishing Global Capability Centres, India offers unmatched talent, cost-efficiency, and innovation potential. By partnering with experts like Han Digital, organizations can tap into deep market insights, leadership networks, and customized talent solutions to build world-class GCCs that drive global success.
As we move towards 2025, India’s engineering ecosystem will continue to set new benchmarks in excellence, sustainability, and leadership—making it the preferred destination for the world’s most ambitious organizations.