July 10 (Reuters) - Rossell Techsys aims to more than double its contribution
to defence aircraft production, targeting a 15% share of an aircraft platform's value within the
next three to five years - up from the current 7%, a senior executive told Reuters on Thursday.
The Bengaluru-based company's growth plans come as global aerospace players increasingly
turn to India for parts sourcing, boosting the country's emerging aerospace sector.
We are broadening our capabilities and entering new domains, moving up the value chain.
That will deepen our service offerings, founder and Managing Director Rishab Gupta said in an
interview.
Rossell Techsys plans to expand its workforce to as many as 1,000 employees by year-end, up
from more than 850 currently, and expects annual growth in headcount of 30% to 35% going
forward.
Spun off from Rossell India and listed in December, Rossell Techsys supplies
engine wiring harnesses, cockpit panels and other parts to the likes of Boeing ( BA ), Lockheed
Martin ( LMT ) and Honeywell ( HON ).
Founded in 2011 as Rossell India's aerospace and defence arm, the company now derives nearly
two-thirds of its revenue from U.S. clients, underscoring its export-heavy focus.
Rossell Techsys has a U.S. footprint through its office in Tempe, Arizona, though it does
not operate any manufacturing facilities there.
Gupta said the company has so far avoided the impact of U.S. tariffs, a key factor that
global manufacturers are monitoring further clarity.
"We're not duplicating what we do in India," Gupta said, adding that any U.S. expansion
would likely be through inorganic growth.
Rossell Techsys posted a 20% jump in revenue to 2.6 billion rupees ($30.3 million) in fiscal
2025. It holds purchase orders worth 8 billion rupees and has strategic agreements with defence
manufacturers totaling 28 billion rupees.
Since 2018-19, the company has grown its customer base from serving only Boeing ( BA ) to 36
clients, adding 25-28 in the past two years, including European and Israeli defence firms.
($1 = 85.7090 Indian rupees)