Industry body Nasscom seeks govt help for super innovation units

Of the 500-600 companies present in the Indian ER&D space, 45-50% are engineering service providers, and 55-60% are MNCs and global contact centres

Industry body Nasscom has urged the government to support the engineering and R&D (ER&D) industry in making super innovation clusters in India.
 
“These clusters could be dedicated to the development of advanced manufacturing, electric vehicles, telecom- 5G security standards, healthcare, etc. It is necessary to identify a few hotspots in the country where academic research, talent, and start-ups can co-exist and create a holistic model to build India’s innovation capacity. Israel has achieved this, and Canada is trying to emulate the model too,” said K S Viswanathan, vice-president (industry initiatives) at Nasscom.
 
Of the top-2,000 ER&D spenders in