Business News • 1888 Press Release • R&D Investments Gain Momentum Globally; India Centres Redefine Core Strategies For Better Value Creation And Employee Retention: Zinnov Study

R&D Investments Gain Momentum Globally; India Centres Redefine Core Strategies For Better Value Creation And Employee Retention: Zinnov Study

R&D Investments Gain Momentum Globally; India Centres Redefine Core Strategies For Better Value Creation And Employee Retention: Zinnov Study

India currently boasts of an installed R&D talent pool base of over 200,000 engineers growing at an average of 9% a year for the last five years. Indian MNC R&D staff awarded 13% salary hike on an average in 2011; Industry expects 2012 to be similar with variations based on R&D grades.

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