EPO (Engineering Process Outsourcing)

EPO stands for Engineering Process Outsourcing. India's engineering process outsourcing (EPO) business would grow 10-fold by 2014 to touch USD 30 billion and make the country a major hub in this area. The global EPO market, on the other hand, will grow to around USD 110-USD 140 billion by 2015

Next in line to BPO and KPO is EPO (Engineering Process Outsourcing)

Next in line to BPO and KPO is EPO (Engineering Process Outsourcing), which is expected to grow 10 times over the next seven years. The EPO is also likely to promote India as a major hub in this part of the world. Industry analysts believe that if EPO maintains to keep consistent pace it is likely to touch USD 30 million.

The Indian Governments Commerce Ministry came out with a report citing that over the last couple of years (2004-06), the demand for Engineering Process Outsourcing to India has grown at a rate of 30-35 percent and this is likely to add momentum in the coming years.

A study conducted by the state-run Engineering Export Promotion Council (EEPC) says, "The global EPO market, is expected to grow at a rate of USD 110-140 billion by 2015 taking Indias share to 20-27 percent". Taking into account Indias last year (2006-07) result that touched USD 26 billion the EEPC is expecting the industry to grow substantially.