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India's Engineering Process Outsourcing (EPO) business is expected to grow 10-fold over the next seven years, touching $30 billion and making the country a major hub in this area. The estimated demand for engineering process outsourcing to India has grown at 30-35 per cent since 2004-06. A study conducted by the Engineering Export Promotion Council (EEPC) notes that the global EPO market will grow to around $140 billion by 2015, taking India's share to 20-27%. |