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The NASSCOM Global Engineering Leadership Summit 2009, held on the 17-18th of November in Mumbai, showcased global and local opportunities in Engineering Services and the opportunities available for India to build a US$50 billion plus market by 2020.

Engineering services potential far greater than IT services or BPO

Last year, India held a 25 percent market share in the nine billion dollar global engineering services business.

In the opening session, Vikas Sehgal, Vice President of Booz and Company presented the interim study of engineering Services.

He also highlighted how India is being looked by the global market to play a significant role in providing high end engineering and cutting edge technology solutions and products in diverse verticals. According to him engineering services could help add 2 percent to the GDP of the country.

global sourcing to global partnership mindset

He stressed on the need to evolve new partnership models in the innovation and engineering space, instead of replicating the IT services model.

The study would be unveiled at the NASSCOM Leadership Summit to be held here in February 2010.

Mr Som Mittal, President of NASSCOM in his inaugural speech reiterated the need to evolve new models of partnership in the space of innovation and engineering.

Mr Ed Tse, of Booz and Company who gave a quick view of how Chinese companies achieve success without following conventional wisdom and develop competitive advantage through innovation.

According to Sehgal, India needs to address the markets rightly besides enhancing its capability to retain its top position. Stiff competition is emerging from countries such as China, Brazil, South Africa and Malaysia.

Mr Krishna Mikkilineni presented an overview of the way forward of the Engineering services forum.

Other speakers at the event included Dr. Ajay Prabhu, Chief Operating Officer - QuEST Global ; Mr. Ajay Garg, Head - Equirus Capital ; Dr. Ardhendu G. Pathak, President & CEO - GE India Innovation Centre ; Mr. Arun Aravindan, Wipro Limited ; Mr. Atul Khanna, Director - Tooltech Group ; Mr. Bejoy George, Chief Marketing Officer - QuEST ; Dr. BVR Mohan Reddy, Founder, Chairman & Managing Director and CEO - Infotech Enterprises Ltd ; Mr. D. K. Jain, NTPC ; Ms. Divya C Bhatt, Head – Corporate Strategy - L&T Integrated Engineering Services (IES) ; Dr. Edward Tse, Senior Vice President and Managing Director for Greater China - Booz & Company ; Mr. Gavin Donkin, Vice President, Advanced Technology and Innovation - Honeywell Turbocharger Technologies ; Mr. Girish Wardadkar, President and Executive Director - KPIT Cummins Infosystems Ltd ; Mr. Harish Mehta, Chairman & Managing Director - Onward Technologies Limited ; Mr. Ian Taylor, General Manager Rolls Royce Operations India Pvt Ltd ; Mr. John S Groholski, Engineering Director – Mechanical Systems & Externals - Pratt Whitney ; Mr. Karthikeyan Natarajan, Vice President & Global Head - Integrated Engineering Solutions ; Dr. Keshab Panda, Chief Executive Officer - L & T IES; Mr. Ketan Bakshi Founder, Chairman & Managing Director - Neilsoft; Dr. Krishna Mikkilineni, President & Managing Director - Honeywell Technology Solutions ; Shri. M. Mangapati Pallam Raju, M.P. Minister of State for DEFENCE - Government of India; Mr. Mahesh R Patel, Pratt & Whitney ; Mr. Manish Bhatnagar, Director - Sales & Marketing - Underwriters Laboratories (UL) India ; Shri Prithviraj Chavan ; Mr. Rajabahadur V Arcot, Director, South and South East Asia Operations ARC Advisory Group ; Mr. Regu Ayyaswamy, Vice President and Global Head of Engineering and Industrial Services (EIS)- TCS ; Mr. S. D. Shibulal, Co-Founder and MOB - Infosys Technologies ; Mr. Samir Yajnik, President Global Services & COO Asia-Pacific - Tata Technologies Limited ; Mr. Sandilya Gopalan Asst. Vice President - Cognizant Business Consulting ; Mr. Santhosh Kumar, General Manager-ASP India Software, TI India ; Mr. Som Mittal, President - NASSCOM ; Prof. Sujit Banerji, Professor of Operations Management and Executive Director of Postgraduate Programmes WMG, University of Warwick ; Mr. Sunil Sachan Principal - Booz & Company ; Dr. T. S. Krishnamurthy (TSK), Vice President – Engineering Design Services - Wipro Technologies ; Dr. V. Sumantran Executive Vice Chairman - Hinduja Automotive Limited, UK ; Mr. Valmeeka Nathan Head - Product Lifecycle and Engineering Solutions - Infosys Technologies Ltd ; Mr. Vikas Sehgal, Vice President and Director of India Business Chicago & Mumbai - Booz & Company ; Mr. Vimal Kapur, Managing Director - Honeywell Automation India Ltd ; Mr. Vipul Vachhani, Jaivel Technologies Europe Limited, UK.

The Hon Minister of State for Defence Mr Pallam Raju stressed on the need for public and private partnership.

Sessions on value creation, new and innovative models on engineering, global demand supply, sustainable growth, ‘Branding India’ to the world were significant with the audience actively participating.