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India’s ER&D center leadership is slipping and needs urgent attention
Five reasons why the growth of Indian ER&D captives is slowing down
The Indian ER&D sector is growing at a good rate. In 2017, the Indian ER&D sector grew by 12%. In comparison, IT services and BPM grew by 6% and 8% respectively. But if we deep dive into the ER&D growth numbers, it is apparent that the relative growth of ER&D captives is slowing down, as shown in Exhibit 1.
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