Costs up at India's R&D centers
Kariyatil Krishnadas, EETimes
10/13/2011 11:01 AM EDT
Zinnov Management Consulting reported that R&D operational costs are on course for a 9 percent year-on-year increase—13 percent in U.S. dollar terms—in 2011, following two years of stringent cost reductions. Operational costs next year are expected to rise between 8 and 12 percent, the consultancy projects.
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