Do you see Rolls-Royce playing a bigger role in the above context?
Rolls-Royce has been a partner in India's defence modernisation needs for the past eight decades. FDI is just one piece, we will continue to invest in India and contribute to realising the country's efforts to indigenise defence production and reach strategic self-reliance.
At Roll-Royce, we remain committed towards the indigenisation of the Indian defence industry by exploring strong partnerships who share similar synergies with us. We are already working with many partners in India which we are proud of - TCS/ Quest, HAL, etc.
With a higher FDI limit, there will be opportunities to further contribute in the development and modernisation of India's defence sector by offering world-class innovative products and services. This initiative to boost FDI in the sector will be marked as an example of the new government's commitment to implement important reforms at a quicker pace.
Rolls-Royce currently operates two engineering centers in Bangalore along with Quest and TCS, which were established in 2005 and 2010, respectively. How are you leveraging on these two?
Globally, Rolls-Royce has an engineering resource of over 16,000 engineers. In Bangalore, through our relationship with QuEST and TCS — who supply us with contract R&D services, we employ over 1,000 engineers. This is the largest population of Rolls-Royce engineers outside the UK and they provide high quality engineering solutions and services across the entire product development life-cycle.
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