ROSSTECH

Repeats July 10 story with no changes to text

By Nandan Mandayam

July 10 (Reuters) - Rossell Techsys ROSC.NS 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 ROSS.NS and listed in December, Rossell Techsys supplies engine wiring harnesses, cockpit panels and other parts to the likes of Boeing BA.N, Lockheed Martin LMT.N and Honeywell HON.O.

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 to 36 clients, adding 25–28 in the past two years, including European and Israeli defence firms.

($1 = 85.7090 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru;Editing by Chandini Monnappa and Tasim Zahid)

(([email protected]; Mobile: +91 9591011727;))

By Nandan Mandayam

July 10 (Reuters) - Rossell Techsys ROSC.NS 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 ROSS.NS and listed in December, Rossell Techsys supplies engine wiring harnesses, cockpit panels and other parts to the likes of Boeing BA.N, Lockheed Martin LMT.N and Honeywell HON.O.

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 to 36 clients, adding 25–28 in the past two years, including European and Israeli defence firms.

($1 = 85.7090 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru;Editing by Chandini Monnappa and Tasim Zahid)

(([email protected]; Mobile: +91 9591011727;))

Jan 22 (Reuters) - Rossell Techsys Ltd ROSC.NS:

• ROSSELL TECHSYS - CONSIDERING RAISING FUNDS

• ROSSELL TECHSYS - FUNDRAISE TO ENHANCE MANUFACTURING CAPABILITIES

Source text: ID:nNSE3kyBh7

Further company coverage: ROSC.NS

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