Rolls Royce looks to position India as its third 'home market'
New Delhi, January 12
British aero-engine maker Rolls Royce is looking to position India as its third 'home market' beyond the UK, unlocking exciting opportunities across jet engines, naval propulsion, and more, said the British High Commission in India in a social media post X on Monday.
The British High Commission in India said this is a clear reflection of the growing cooperation in advanced engineering and innovation.
Notably, India hosts significant market for Rolls-Royce with engineering centres, supply-chain partnerships and collaborations with Indian aerospace and defence entities.
Earlier, the Rolls-Royce Chief Executive Officer (CEO) Tufan Erginbilgic had revealed the company's ambitions to make India a "home market", reinforcing the company's long-term commitment to the country.
Erginbilgic had visited India as part of the industry delegation accompanying UK Prime Minister Keir Starmer on his first official visit following the signing of the India-UK Comprehensive Economic and Trade Agreement (CETA).
Rolls-Royce participated in key industry dialogues aimed at strengthening the India-UK economic partnership, aligned with the India-UK Vision 2035.
With a nine-decades long legacy and a growing footprint in India, Rolls-Royce has built a robust ecosystem of people, products, capabilities, and partnerships. The company is expanding in-country capabilities through strategic local partnerships and talent development, with the goal of at least doubling its supply chain sourcing from India by 2030.
The company recently inaugurated its newly expanded Global Capability and Innovation Centre in India, which houses digital capabilities, enterprise services, and engineering teams supporting Civil Aerospace and Defence.
— ANI
Reader Comments
As someone working in aerospace, this is very promising. The expansion of their Global Capability Centre here shows they're serious. The goal to double supply chain sourcing by 2030 could be a game-changer for many MSMEs in the defence and aviation sector.
Good step, but we must ensure the benefits truly stay in India. "Home market" should mean more than just a sales hub. We need core R&D, IP creation, and leadership roles based here, not just back-office support. The partnership must be truly two-way.
Nine decades in India is a long legacy! This move, especially with the new UK PM's visit and CETA, signals stronger India-UK ties. Exciting for our defence modernisation too, if it means better tech for our naval vessels.
Hope our engineering graduates get more such world-class opportunities right here at home. Talent development is key. Let's build, not just supply.
Positive economic news. Strategic partnerships like this are crucial. The Vision 2035 framework seems to be delivering tangible outcomes. A win for both economies.
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