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ER&D Sector Witnesses Leadership Churn Amid Demand Uncertainty
April 10, 2025
|Business Standard
Nearly half a dozen firms have seen CEO changes this year
The engineering research and development (ER&D) segment is witnessing a leadership churn as it braces for demand uncertainty due to a slowdown in discretionary spends in the auto sector and the global chaos being driven by the current tariffs announced by the US government.
Since the beginning of this calendar year, the sector has seen leadership changes in almost half a dozen firms, due largely to macroeconomic headwinds and uncertainty impacting the tech sector in general and the ER&D sector as auto and manufacturing sectors pause discretionary spending.
هذه القصة من طبعة April 10, 2025 من Business Standard.
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