Aerospace industry is going through challenges which are multi faceted which includes the rise in the operating costs.
Automotive OEMs are globally competing to penetrate the market with new product lines, enhanced performance
Complex consumer habits, new cultural influences of global markets and rapidly changing technological
Heavy Engineering industry is high risk, fragmented and highly competitive. Growing project complexities, fragmented business and
Industrial products are getting commoditized increasingly and OEMs and Tier 1 suppliers are looking ways to create differentiation