Rolls-Royce to expand footprint across India's air, land, sea domains
British defence giant Rolls-Royce on Thursday announced a mega plan to scale-up its business in India across vital sectors of defence and energy, including co-development of a next-generation combat jet engine.
The announcement came a day after the company's CEO Tufan Erginbilgic met Prime Minister Narendra Modi.
Under the ambitious initiative, Rolls Royce is looking at more than doubling the size of the its workforce to approximately 10,000 people in India and a 10-fold increase in local supply chain sourcing with a long-term goal to build on its decades-old presence in the country.
"As we grow our participation in programmes across India's defence, aviation and energy sectors, we will expand our ecosystem in India, as we have done successfully in other countries," Erginbilgic said.
The leading aero-engine maker has already been working on making India its third "home market" outside of the UK in line with a plan to unlock the full potential of opportunities across an array of ...