Rolls-Royce is aiming to establish India as its third 'home market' alongside the UK, signaling significant opportunities in jet engines, naval propulsion, and advanced engineering. This move reflects growing India-UK cooperation in innovation and advanced manufacturing. The company plans to expand its supply chain sourcing from India, double it by 2030, and is involved in discussions for potential joint development and manufacturing, including for India's indigenous combat aircraft program. Rolls-Royce has a nine-decade legacy in India and recently expanded its Global Capability and Innovation Centre.