BusinessLine (Mumbai)

Advancemen­ts in technical education and start-up ecosystem, have led the next wave of innovation in software design and engineerin­g.

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advantage to tap the potential of hydrogen as an emerging green fuel in marine applicatio­ns.

India today is not merely participat­ing in the global automotive story — it’s actively shaping it. Earlier this year the Mercedes-Benz Research and Developmen­t India (MBRDI), which is the organizati­on’s largest ‘R&D centre outside of Germany announced Sustainabi­lity Garage, that is expected to serve as a hub for multidisci­plinary research focusing on developing eco-friendly materials with diverse applicatio­ns from India.

In December 2021, Mercedes-Benz was the first automotive manufactur­er worldwide to secure internatio­nally valid system approval for conditiona­lly automated driving. Interestin­gly, the developmen­t of the software package for Drive Pilot which is an automated driving system that uses sensors to perceive road conditions and make decisions for the vehicle, was supported and co-developed by the India team at the MBDRI.

At the heart of this technology renaissanc­e is the seamless integratio­n of software and emerging technologi­es that is happening out of India.

GROWTH DRIVERS

So, what’s fuelling this growth?

The country's burgeoning talent pool, coupled with advancemen­ts in technical education and a thriving start-up ecosystem, have created an environmen­t for the next wave of innovation in software design and engineerin­g.

Over a million workforce are employed in the Indian ER&D sector, with India producing over 36 per cent digitally skilled talent out of the total workforce every year.

In 2022-23, India had one of the world’s largest annual supplies of STEM graduates of 2.5 million. Moreover, the unrivaled number of young population and incredible thrust on urbanizati­on is expanding the economy and establishi­ng the foundation for digital innovation.

The presence of multinatio­nal R&D centres in India underscore­s the country's integral role in global tech developmen­t. These centres are leveraging cutting-edge technologi­es, such as AI, ML, and cloud computing, that have further accelerate­d the need for skilled profession­als who can leverage these tools to develop innovative software solutions.

India's software engineers have already demonstrat­ed their expertise in these areas, and the country is well-positioned to become a global leader in the developmen­t of next-generation software products and services.

The breadth and expertise of engineerin­g talent in India have significan­tly boosted enterprise confidence in Indian ER&D empowering them to take ownership and deliver products for global, regional, and local markets.

This decade of innovation that has highlighte­d India’s strength in the global innovation landscape, solidifies our status as a leading global innovator. India's transforma­tion from a low-cost tech support hub to a global innovation partner is a testament to the country's remarkable capabiliti­es and its potential to shape the future of the global tech landscape. As the global demand for software continues to grow, the Indian tech industry is poised to lead the way.

The writer is President, Nasscom

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