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Given its skyrocketing wages, tightening labor market, and worsening infrastructure bottlenecks, one might think India is starting to lose steam as an offshore research and development haven. Not a chance. According to a study by Zinnov, a consulting firm that helps multinationals craft global product-development strategies, India’s R&D scene is not only still gaining momentum, it’s also becoming more strategically important. This is happening even though the average cost per employee rose 16.2 percent annually in the past three years.

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India: R&D Stronghold

Given its skyrocketing wages, tightening labor market, and worsening infrastructure bottlenecks, one might think India is starting to lose steam as an offshore research and development haven. Not a chance. According to a study by Zinnov, a consulting firm that helps multinationals craft global product-development strategies, India’s R&D scene is not only still gaining momentum, it’s also becoming more strategically important. This is happening even though the average cost per employee rose 16.2 percent annually in the past three years.

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India: R&D Stronghold

Given its skyrocketing wages, tightening labor market, and worsening infrastructure bottlenecks, one might think India is starting to lose steam as an offshore research and development haven. Not a chance. According to a study by Zinnov, a consulting firm that helps multinationals craft global product-development strategies, India’s R&D scene is not only still gaining momentum, it’s also becoming more strategically important. This is happening even though the average cost per employee rose 16.2 percent annually in the past three years.

The rest is here:
India: R&D Stronghold

Given its skyrocketing wages, tightening labor market, and worsening infrastructure bottlenecks, one might think India is starting to lose steam as an offshore research and development haven. Not a chance. According to a study by Zinnov, a consulting firm that helps multinationals craft global product-development strategies, India’s R&D scene is not only still gaining momentum, it’s also becoming more strategically important. This is happening even though the average cost per employee rose 16.2 percent annually in the past three years.

India: R&D Stronghold

Given its skyrocketing wages, tightening labor market, and worsening infrastructure bottlenecks, one might think India is starting to lose steam as an offshore research and development haven. Not a chance. According to a study by Zinnov, a consulting firm that helps multinationals craft global product-development strategies, India’s R&D scene is not only still gaining momentum, it’s also becoming more strategically important. This is happening even though the average cost per employee rose 16.2 percent annually in the past three years.

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India: R&D Stronghold