India's Rossell Techsys eyes bigger role in defence aircraft, targets 15% platform share
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), opens new tab and listed in December, Rossell Techsys supplies engine wiring harnesses, cockpit panels and other parts to the likes of Boeing (BA.N), opens new tab, Lockheed Martin (LMT.N), opens new tab and Honeywell (HON.O), opens new tab.
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)
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