ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Multinationals recognize India's potential as global R&D hub

Daimler is rapidly expanding its R&D activities in India. Its BharatBenz trucks produced in Chennai, southwest India, are enjoying brisk sales, and recently crossed the 10,000 unit sales.   © Daimler India Commercial Vehicles

TOKYO -- India has long been on the radar not only as a huge market, but also as a manufacturing and export base for multinational corporations. With its large pool of talented workers with technical backgrounds, India has great potential to grow into a global research and development center as well.

     For many years, numerous multinationals have shown interest in India as an attractive R&D destination. Recently, however, a string of companies across a variety of industries have begun to set up their R&D centers or enhance existing facilities in India. The trend is putting sharp upward pressure on wages paid by foreign companies to Indian employees in managerial positions.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more