India hosts 30 percent of global top R&D companies

According to research firm Zinnov, currently 30 percent of the top 1,000 R&D spenders across verticals have a presence in India. As per the report titled “Global R&D Benchmarking Study: FY2011” released, there is a total installed talent pool of 2,20,000 in MNC subsidiaries in India and these MNCs have spent USD 7-7.5 billion on the headcount in India in FY11 alone. The study also found that the opportunity areas for India to attract R&D investment span over 13 sectors with software being the most invested in sector.

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