Market Insight : Engineering Services Outsourcing (ESO) Market in India Grow at a CAGR of 30% by Revenue During the Forecast Period 2016-2019
ResearchMoz presents this most up-to-date research on Engineering Services Outsourcing (ESO) Market in India 2015-2019. About ESO ESO refers to the outsourcing of specific engineering services. Engineering services are the core business activities of industries such as automotive and aerospace. However, due to lack of expertise and increased pressure to reduce costs, companies have started outsourcing their engineering services requirements. The need for quick delivery of products and services because of shorter product lifecycle has prompted the need for ESO. In addition, the inherent benefit of cost advantage remains a key criterion for businesses outsourcing their engineering services. TechNavio's analysts forecast the ESO market in India to grow at a CAGR of 30 percent over the period 2014-2019. Covered : TechNavio's report, ESO Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landsca...