SOURCE: AFI
Thales, a global leader in aerospace, defense, transportation, and security markets, is poised to embrace India as a vibrant and promising market. Patrice Caine, the Global CEO of Thales, expressed his enthusiasm for India’s potential as a significant hub for the company’s growth. This vision encompasses expanding Thales’ engineering capabilities, fostering partnerships with Indian airlines, and even exploring the possibility of acquisitions in key domains.
One of the most significant aspects of Thales’ commitment to India is its ambitious plan to double its engineering footprint in the country. Currently, Thales has 2,000 employees in India, with 1,500 dedicated to engineering centers. The company envisions growing this workforce to 3,000 engineers by 2027. This substantial expansion in engineering capabilities underscores Thales’ belief in India’s technical talent and its potential to contribute to the company’s global innovation.
Thales recognizes the importance of collaboration in the Indian market. Caine emphasized the company’s intention to establish more partnerships and collaborations with Indian airlines. These partnerships could lead to the development of innovative solutions for India’s aviation and transportation sectors. Thales aims to be a proactive contributor to the growth and modernization of India’s aerospace and transportation infrastructure.
Thales’ optimistic view of India is backed by the anticipation of high single-digit growth in the coming years. This outlook reflects the company’s confidence in the Indian market’s potential for expansion and innovation. Thales aims to align its strategies with India’s economic and technological advancements to seize new opportunities and contribute to the nation’s development.
In addition to expanding its existing capabilities and forming partnerships, Thales is actively exploring the possibility of acquisitions in India. Domains such as aviation and electronics have been identified as potential areas for investment. These strategic acquisitions would not only enhance Thales’ presence in India but also facilitate the transfer of advanced technology and expertise.
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