Engineering Research & Development
(ER&D) market enjoys fast paced growth globally. India by 2022, is
projected to handle $42 billion in ER&D through indigenous Product
Engineering work and outsourced services.
The Indian context: India
produces two lakhs Mechanical engineering graduates annually; Meager 6%
employability in Design jobs. Projected
talent shortage is tens of thousands [2020-’22]. Up-skilling needed for thousands
of Mechanical engineering graduates for enhancing employability and GDP growth.
Similar figures for Electronics engineering with 7% employability in Product
Development jobs.
Careers: Product Development
industry in India & overseas needs Design/CAE/CAD/Proto/Test engineers. ISRO
in Trivandrum contracts engineers with ProMeX certification. R&D
institutions & establishments in Electric Mobility - KAL & CET-TrEST
Park and Companies need Design & CAE engineers. Post-graduates needed for ASDC skilling initiative by Kerala’s
ASAP in KTU & CUSAT engineering colleges & Polytechnics; so also for
ASAP’s Community Skill Parks (CSPs) across Kerala (in Product Engineering). Skill-certified
tutors needed in Academia in bulk to deliver AICTE’s model curriculum for
Engineering Education [2020+].
Potential Avenues for employment for skill-certified talent in
Product Engineering :-
Major drivers for New
Product Development & Re-engineering projects & talent: Electric mobility, Autonomous driving, Euro-VI
emission regulations, Bio-degradable material
alternatives, Localisation. Economy,
Scalability, Emerging-Market penetration, etc drive Cost-Reduction &
Lightweighting projects.
Safer-cleaner-quieter-lighter products for
automotive and transportation applications need talent in tons, skilled enough
for hi-tech R&D jobs. Light-weight, fuel-efficient designs of planes &
rockets demand engineers in bulk in aerospace industry, skilled enough in
product innovation and simulation. Smart devices for industry, society and
household demand Electronics & Computer engineers in huge numbers for
Industry 4.0 jobs involving Embedded, IoT, Electronic simulation, Artificial
Intelligence, ML/DL.
Engineering Career @ Corporate, Freelance-consulting, Start-up, Education &
Societal services.
Corporate career in OEMs, Tier-1&2s,
Engineering Service Providers, R&D establishments (Govt., Bodies)
Mechanical :-
Automotive: M&M, Tata,
Ashok Leyland, Honda, Toyota, Renault-Nissan, Daimler, VW, TVS, Bajaj, ARAI,
Ather, Hyundai, Maruti-Suzuki,
Aerospace: Boeing, Airbus, GE,
ISRO, NAL, HAL, TAAL, Safran.
Consumer
Goods:
Godrej, Samsung, LG, V-Guard, Havells, Crompton, Elgi, Whirlpool.
Defence: DRDO, BEML, Mahindra,
Reliance.
Heavy
Engg.:
John Deere, Bombardier, Alstom, Caterpillar, L&T, BHEL.
Electronics :-
BEL, DeepThought, Tata
Elxsi, Continental, KPIT,
Tier-1&2 Component/Assembly Suppliers :-
Bosch, Siemens, TRW, JCI,
IAC, ITW, Anand, TACO, RBAC, Faurecia, Apollo, Pricol, AutoCast, Visteon.
Computer :-
Nissan Digital, Fujitsu,
Hitachi, Tech Mahindra.
Engineering Service Providers:-
TCS-EIS, Wipro-PES, Infosys-Engineering,
Quest-Global, Tech Mahindra, L&T Technology Services, HCL, CTS, DesignTech
Systems, DSI Technologies, Senshin Technologies, WissenBaum, Globematics,
Placin, ARI, EDAG, Altran, Bertrand, ESI, Geometric, Onward, IAV, ITC Infotech,
Neilsoft, Semcon, YSC Engineering, DeiTel, Sukhena Technologies, Ranal.
While EU & NA are matured but saturated
markets, India/GCC/ASEAN/APAC are fast-emerging markets.
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