Today, industries need to act proactively in order1
Aerospace and Automotive industries are growing significantly in India and other nations. Both the industries have to source components faster and cheaper in order to meet international market standards as well as the expanding domestic market. This is one of the prime reasons for the rapid growth of engineering services sector in India and across the globe.
Both the industries require high-end and sophisticated machinery like 3/4/5 axis milling and turning machines for metal cutting, SPMs (Special Purpose Machines), EDM (Electro discharge machining), Wire cutting/Laser cutting/Waterjet cutting machines, Spark erosion machining, Chemical etching machines, Bending & Forming machines, etc. So, there is a constantly increasing demand for their products in India.
Engineering services are also mushrooming in different cities to cater to this growing demand in aerospace and automotive verticals. Over time industry leaders have realized that getting engaged with the right Engineering Services Outsourcing (ESO) company adds greater value in helping them sustain and improve their cost structures.
In India, there are leading engineering services outsourcing companies that aid industries to leverage the cost advantage and engineering resource availability in low cost and high cost areas. These service companies offer a framework for engineering that leverages labor arbitrage and time zone differences to develop products fast, better and cheaper.
Outsourced engineering services are able to work on high end projects as well as export controlled / ITAR projects for all geographical locations. These companies provide global engineering services using CAD/CAM/CAE tools and help companies to identify their core and non-core engineering processes within their company and move non-core engineering processes and work packages to Indian locations for offshore execution.
The Special Economic Zone that is set up in various cities in India caters to aerospace and automotive industries to not only provide reliable offshore engineering processes, but also a high level of domain knowledge in the machine tool area (which is a highly critical component in product development).
SEZs provide services ranging from concept design through product re-design, drafting, detailing and modelling, engineering analysis and simulation, verification and validation, application engineering, machine layout detailing, design of tools and gauges, fixture designs, process planning, CNC programming, cost excellence programs, cycle time estimation, VA/VE, off-field troubleshooting, HMI-MMI controls, manufacturing and vendor management.
Collaboration with a reliable engineering services division can surely enhance productivity and timely deliveries in both the domains. Companies can also enjoy high cuts in engineering and manufacturing costs.