<p>Bengaluru: The supply chain disruptions during the pandemic has pushed the case for evolving new sourcing grounds and India has emerged as one of the critical players in this pursuit, according to a Collins Aerospace executive.</p>.<p>“A challenge during Covid was the supply chain issue, especially when it came to sourcing from China, along with such challenges during the conflict in Ukraine. Clearly, most countries are now looking at India as a trusted sourcing partner,” said Savyasachi Srinivas, vice president of global engineering and technology centres, Collins Aerospace told <span class="italic"><em>DH</em></span>, on the sidelines of a media interaction.</p>.<p>Collins Aerospace, a subsidiary of the US MNC RTX Corporation, which opened its new engineering development and test centre at the company’s campus in North Bengaluru, on Wednesday, already procures 60% of its supplies from India, partnering with companies like such as Tata and HCL.</p>.Tesla signs deal for first India showroom to sell imported EVs.<p>The company is already doing about $500 million sourcing in India across operations, supply chain, manufacturing, engineering, Srinivas said.</p>.<p>But there is still a long way to go, he added. “From an aerospace perspective, there is a long lead time to be able to be qualified as a supplier. That is where the role of companies like foreign aerospace becomes important,” he pointed out.</p>.<p>The big challenge is building a source for aerospace-grade raw materials. “Typically, there is a lot of sourcing that is happening from China. That takes a significant amount of investment. The industry focus is how to develop that capability in a country like in India.”</p>.<p>He also pointed out that while partnerships open up a lot of avenues, help the private sector grow, and foster building technologies together, given the billions of dollars invested in core technologies by any company, complete technology transfers are not easy.</p>.<p>The aerospace and defence company, with its investment of $25 million in the new test unit, has taken its investment in India over the past five years to above $200 million. The company reiterated its commitment to grow its sourcing, suppliers, and headcount in India. It currently has over 6,000 employees in India, in engineering, digital, manufacturing, operations, and supply chain functions. In fact, India is where the company has its biggest engineering presence outside of the US.</p>
<p>Bengaluru: The supply chain disruptions during the pandemic has pushed the case for evolving new sourcing grounds and India has emerged as one of the critical players in this pursuit, according to a Collins Aerospace executive.</p>.<p>“A challenge during Covid was the supply chain issue, especially when it came to sourcing from China, along with such challenges during the conflict in Ukraine. Clearly, most countries are now looking at India as a trusted sourcing partner,” said Savyasachi Srinivas, vice president of global engineering and technology centres, Collins Aerospace told <span class="italic"><em>DH</em></span>, on the sidelines of a media interaction.</p>.<p>Collins Aerospace, a subsidiary of the US MNC RTX Corporation, which opened its new engineering development and test centre at the company’s campus in North Bengaluru, on Wednesday, already procures 60% of its supplies from India, partnering with companies like such as Tata and HCL.</p>.Tesla signs deal for first India showroom to sell imported EVs.<p>The company is already doing about $500 million sourcing in India across operations, supply chain, manufacturing, engineering, Srinivas said.</p>.<p>But there is still a long way to go, he added. “From an aerospace perspective, there is a long lead time to be able to be qualified as a supplier. That is where the role of companies like foreign aerospace becomes important,” he pointed out.</p>.<p>The big challenge is building a source for aerospace-grade raw materials. “Typically, there is a lot of sourcing that is happening from China. That takes a significant amount of investment. The industry focus is how to develop that capability in a country like in India.”</p>.<p>He also pointed out that while partnerships open up a lot of avenues, help the private sector grow, and foster building technologies together, given the billions of dollars invested in core technologies by any company, complete technology transfers are not easy.</p>.<p>The aerospace and defence company, with its investment of $25 million in the new test unit, has taken its investment in India over the past five years to above $200 million. The company reiterated its commitment to grow its sourcing, suppliers, and headcount in India. It currently has over 6,000 employees in India, in engineering, digital, manufacturing, operations, and supply chain functions. In fact, India is where the company has its biggest engineering presence outside of the US.</p>