A study by Zinnov, headquartered in Bangalore, India, pointed out that India’s Engineering R&D (ER&D) globalization and services market which currently stands at $22.3 billion is expected to reach $38 billion by 2020. Companies from the Consumer / eWeb 2.0 and the E-Commerce verticals have significantly increased their R&D spending, reports CXOtoday.com. Pari Natrajan, CEO of...