The Narendra Modi government’s Make in India campaign has got foreign companies with operations in India looking at what more they can do in the country.
This was the message the CEOs of Indian arms of four multinational companies conveyed at a plenary session on ‘Make in India: drafting India’s global manufacturing strategy’, at the CII Partnership summit here.
Big prospects
These executives believe their companies are just scratching the surface and will in the coming days look at expanding operations in a major way.
“The Make in India call is what focused us on what else we can do here,” said Phil Shaw, Chief Executive, Lockheed Martin India. The aerospace manufacturer has two large facilities in India, both near Hyderabad, from where it makes aero structures for the C130J transport aircraft and cabins for S92 helicopters.
With the opening up of foreign direct investment in defence, Lockheed Martin believes there are more opportunities. It is looking at facilities in other parts of the country, mainly in partnership with Indian companies.
Kishore Jayaraman, President–India & South Asia, Rolls-Royce India Pvt Ltd, said the company has been present in India for several years, starting with supplying engines, then transferring technology to HAL, then setting up an engineering facility and building components for the aerospace industry.
Rolls-Royce wants to now move beyond this and see what else it can create in India. How to innovate not only for India but for the world, is the thinking. “We want to create, make and export from this country.
“The Make in India call is what focused us on what else we can do here,” said Phil Shaw, Chief Executive, Lockheed Martin India. The aerospace manufacturer has two large facilities in India, both near Hyderabad, from where it makes aero structures for the C130J transport aircraft and cabins for S92 helicopters.
With the opening up of foreign direct investment in defence, Lockheed Martin believes there are more opportunities. It is looking at facilities in other parts of the country, mainly in partnership with Indian companies.
Kishore Jayaraman, President–India & South Asia, Rolls-Royce India Pvt Ltd, said the company has been present in India for several years, starting with supplying engines, then transferring technology to HAL, then setting up an engineering facility and building components for the aerospace industry.
Rolls-Royce wants to now move beyond this and see what else it can create in India. How to innovate not only for India but for the world, is the thinking. “We want to create, make and export from this country.
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