Rolls-Royce, MBDA

SP's MAI - - FRONT PAGE - [ By Kishore Ja­yara­man ] The writer is Pres­i­dent for In­dia and South Asia, Rolls-Royce.

For a long time, In­dia has re­lied on the ser­vice sec­tor for growth. To cre­ate jobs for In­dia’s work­ing-age pop­u­la­tion, which is 64 per cent of its to­tal pop­u­la­tion, the coun­try needs to fo­cus on man­u­fac­tur­ing-driven growth. Fur­ther­more, the ‘Make in In­dia’ cam­paign will en­able the coun­try to meet the tar­gets en­vis­aged in the Na­tional Man­u­fac­tur­ing Pol­icy, which aims to cre­ate 100 mil­lion man­u­fac­tur­ing jobs and raise man­u­fac­tur­ing’s con­tri­bu­tion to GDP from 16 per cent to­day to 25 per cent by 2022. The ‘Make in In­dia’ cam­paign is there­fore a wel­come move.

The launch of the ‘Make in In­dia’ cam­paign has led to re­newed business con­fi­dence as pol­i­cy­mak­ers firm up plans to in­crease the at­trac­tive­ness of In­dia as a man­u­fac­tur­ing hub and set the coun­try on a growth path by cre­at­ing jobs on a mas­sive scale.

Rolls-Royce, with a legacy of over 80 years in In­dia, sup­ports this pro­gres­sive ini­tia­tive as it will not only help In­dian in­dus­tries be­come glob­ally com­pet­i­tive but will also al­low com­pa­nies like us to fur­ther support the coun­try’s mod­erni­sa­tion needs. How­ever, for the cam­paign to suc­ceed, hur­dles such as in­fra­struc­ture bot­tle­necks, en­vi­ron­men­tal clear­ances and unfriendly tax regime need to be re­moved to cre­ate a level-play­ing field for man­u­fac­tur­ing in the coun­try vis- à- vis im­ports.

At Rolls-Royce, we are com­mit­ted to de­liv­er­ing the gov­ern­ment’s vi­sion of po­si­tion­ing In­dia as a global man­u­fac­tur­ing hub. We al­ready have 1,000 lo­cal en­gi­neers work­ing in In­dia through out­sourced agree­ments and have world-class man­u­fac­tur­ing fa­cil­i­ties here, ex­port­ing com­po­nents around the world. We now need to ex­tend this ex­pe­ri­ence into de­fence, beyond to­day’s li­censed pro­duc­tion. Go­ing for­ward, we are pas­sion­ate about mak­ing In­dia a hub for Rolls-Royce de­fence en­gi­neer­ing, man­u­fac­tur­ing and ex­port as it will not only help cre­ate jobs but also sup­ports In­dia to achieve strate­gic self-re­liance.

In or­der to boost man­u­fac­tur­ing, the sup­ply base of com­po­nent and ma­te­ri­als needs to be im­proved, de­mand ac­cel­er­ated, be­sides over­com­ing chal­lenges like de­vel­op­ing ad­e­quate in­fra­struc­ture, pro­vid­ing skilled man­power and sim­pli­fy­ing pro­ce­dural and reg­u­la­tory formalities.

The In­ter­na­tional Aero­space Man­u­fac­tur­ing Pvt Ltd (IAMPL), a joint ven­ture be­tween the Hin­dus­tan Aero­nau­tics Ltd (HAL) and Rolls-Royce that pro­duces com­po­nents for the tech­no­log­i­cally ad­vanced Trent fam­ily of civil aero wasn’t re­quired by an off­set com­mit­ment. It was the re­sult of recog­ni­tion of the value that both par­ties could add to each other. To­day, the IAMPL pro­duc­tion fa­cil­ity rep­re­sents another com­mit­ment to the long-stand­ing part­ner­ship with HAL and the fu­ture of In­dian aero­space in­dus­try.

The new gov­ern­ment has al­ready led to tremen­dous pos­i­tiv­ity for progress, and we are al­ready wit­ness­ing an im­prove­ment in macro-eco­nomic fac­tors in­clud­ing im­prov­ing GDP, con­trol on in­fla­tion and surge of the stock mar­ket. The ‘Make in In­dia’ pro­gramme will fur­ther build on this mo­men­tum and push In­dia to­wards greater heights.

At Rolls-Royce, we are well poised to cater to the growth op­por­tu­ni­ties avail­able in the In­dia re­gion. We look for­ward to con­tinue to of­fer In­dia a unique com­bi­na­tion of tech­nol­ogy, ex­pe­ri­ence and in­no­va­tion that can help to im­prove the ca­pa­bil­ity of our cus­tomers.

IAMPL pro­duces com­po­nents for the tech­no­log­i­cally ad­vanced Trent fam­ily

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