The R&D outsourcing market for telecom in India is slated to grow from $0.7 billion in 2003 to $4.1 billion in 2010 at a CAGR of 28.73 per cent.
Listing out opportunity areas in IT, the report said computing architecture, encryption and network security, human computer interface, programming language and software engineering were the focus segments. It said telecom would see areas like business support system, new version for IP (IPV6), video servers and wireless sensors as growing opportunities.
With regard to key technologies and forecasts, it said semiconductors and nano-technologies were to be watched out for. The agencys prescription for growth included increase in research funding to IITs and central research labs; technology specific funding; urgent need for a national initiative in emerging technologies like micro-electronics and nanotechnology and setting up of centres of excellence.
The Frost and Sullivan report said the government should ease the import process of components and materials required for research by academics. Other recommendations include encouragement to technology licensing and commercialisation through IP exchange forum.