Rolls-Royce Eyes India for Strategic Growth
Rolls-Royce, the renowned British company, is eyeing India as a strategic growth hub. In statements made by CEO Tufan Erginbilgic, the company expressed its commitment to developing India as a key location for its operations. This initiative aims to utilize Rolls-Royce's advanced technologies in air, land, and sea applications to foster local capabilities and strategic partnerships.
During a recent visit to India alongside UK Prime Minister Sir Keir Starmer, Erginbilgic emphasized that the UK and India are natural partners. Their collaboration is expected to yield benefits for both nations, supporting India’s journey towards becoming Atmanirbhar, or self-reliant. This aligns well with India's goals in defense, energy independence, and the expansion of connectivity, highlighted by the need for world-class AI infrastructure.
The UK Prime Minister acknowledged Rolls-Royce’s role in driving economic growth and job creation in India. Rolls-Royce aims to contribute to strengthening UK-India ties through its investments and partnerships. With a legacy extending over nine decades, Rolls-Royce is well-positioned to expand its footprint in India, particularly in civil aviation, defense, and energy sectors.
One of the significant steps taken by Rolls-Royce is the inauguration of its Global Capability and Innovation Centre in India. This center is designed to house digital capabilities and engineering teams supporting various sectors, including civil aerospace and defense. It is poised to become the largest capability hub for Rolls-Royce, supporting global corporate functions while advancing digital and engineering expertise.
As part of its growth strategy, Rolls-Royce aims to double its supply chain sourcing from India by 2030. This ambitious target reflects the company's commitment to enhancing in-country capabilities through strategic partnerships and local talent development. During his visit, Erginbilgic is expected to meet various partners and customers to explore further opportunities and strengthen bilateral engagements.
In conclusion, Rolls-Royce's focus on India highlights its dedication to fostering innovation and self-reliance in critical industries. With strong partnerships and a robust legacy, Rolls-Royce is set to play a pivotal role in India's growth trajectory.
