The Pak Banker

Rolls-Royce ties up with TCS to drive growth in India operations

- BENGALURU -AFP

Jet engine maker RollsRoyce Holdings Plc is looking at driving growth in its India operations through a partnershi­p with Tata Consultanc­y Services Ltd (TCS), the UKbased company said.

The partnershi­p with TCS will accelerate its digital transforma­tion and innovation strategy. It will provide RollsRoyce with digital platform capabiliti­es that will allow it to capture, share and analyse data more easily across the engine maker. That, in turn, will give the company room to develop new products and services at a faster pace, Rolls-Royce said in a statement.

"We look at this as the largest strategic move we have made in India in a long time. This will build the company's next generation innovation­s from India," Kishore Jayaraman, president of India and South Asia at Rolls-Royce said in an interview.

Both companies have been working together on engineerin­g services since 2010 and this is an extension of that relationsh­ip, Rolls-Royce said in a statement. Going ahead, using TCS's platforms and growth innovation models as a foundation, RollsRoyce's digital transforma­tion journey in Bengaluru will evolve into a separate digital hub.

Rolls-Royce is also planning to expand its India operations, strategic marketing director Ben Story said in an interview. "We have got some further plans. We're very confident that there's more to come," he said, without revealing additional details.

India is one of the company's five global hubs across the world-the others being in the US, UK, Singapore and China. It is one of the key markets for Rolls-Royce both in terms of skills and capability and business opportunit­y, the two executives said. The goal is to get to a point where Rolls-Royce can manufactur­e its engines in India.

But the company has not yet got any concrete plans to set up an engine-making facility, according to Jayaraman. "The entry barrier is very high to set up such a facility. What's very important is that the products we sell have to be serviced locally so customers have access to us very quickly.

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