RTX Corp Plans 14% Workforce Increase in India by 2027
RTX Corp to Boost Workforce in India by 14%
RTX Corp, a prominent player in the aerospace and defense industry, is setting ambitious growth plans for its operations in India. The company is poised to expand its workforce by adding an impressive 1,000 new positions to its existing 7,000 employees by the year 2027. This initiative is aimed at recruiting skilled professionals such as engineers and data scientists who will significantly contribute to RTX's global operations.
Strategic Hiring Across Multiple Units
The additional jobs will be strategically distributed across various divisions of RTX. Notably, the company plans to incorporate approximately 300 engineers at Pratt & Whitney, a renowned aircraft engine manufacturer, over the next 12 to 18 months. In addition, there will be a significant hiring push at Collins Aerospace, where around 700 positions will be filled over the next three years. This reflects RTX's commitment to enhancing its talent pool in critical areas of expertise.
India: A Hub for Talent, Not Just Cost Savings
In discussions regarding its growth strategy, RTX executives emphasized that India is viewed as a vital talent hub rather than merely a low-cost operational base. Savyasachi Srinivas, Vice President of Engineering at Collins Aerospace, highlighted that the company commands around 150 global roles that manage teams from India, underscoring the significant export of talent from this region.
Expanding Manufacturing Capabilities
Collins Aerospace, which produces essential components like evacuation slides, cabin seats, and avionic sensors primarily for export, plans to enhance its manufacturing capabilities. In 2026, they aim to move to a larger facility in Bengaluru, consolidating their operations from three smaller locations. This strategic move underscores their commitment to innovation and increased production capacity.
Rapid Growth of Global Capability Centres in India
The landscape of Global Capability Centres (GCCs) in India is witnessing rapid growth, with projections estimating the market size to reach between $99 billion and $105 billion by the fiscal year 2030, a significant increase from $64.6 billion in fiscal 2024. Reports from the IT industry body Nasscom and consulting firm Zinnov highlight this momentum, showing how GCCs play a pivotal role in the operational ecosystem of major global firms.
Digital Transformation and In-House Technology
Jayant Mukherjee, who oversees the Asia-Pacific Digital Capability Center at Pratt & Whitney, spoke about the center's objectives in leveraging digital technology and data analytics. These initiatives will focus on the development of small and large language models, enhancing maintenance and inspection processes. The center is ambitiously shifting towards reducing its reliance on outsourcing by increasing in-house technology work from one-third to at least 55% in the next three years.
The Future of RTX's Workforce and Operations
Having emerged from a remarkable $121 billion merger between United Technologies and Raytheon in 2020, RTX is strategically positioned to capitalize on its combined strengths. The ongoing efforts to grow the workforce and enhance technology capabilities are likely to bolster its market position and competitiveness in the aerospace and defense sectors.
As RTX Corp continues to embrace innovation and expand its presence in India, the prospects for job creation and talent development look promising. The focus on engineering, manufacturing, and digital transformation highlights the company's commitment to fostering a skilled workforce that can meet the evolving demands of the global market.
Frequently Asked Questions
Why is RTX Corporation expanding its workforce in India?
RTX Corporation is expanding to enhance its talent pool, aiming to hire engineers and data scientists to strengthen its global operations.
How many jobs is RTX planning to add in India?
RTX plans to add 1,000 new jobs to its existing workforce of 7,000 employees in India.
What roles will the new hires focus on?
The new hires will primarily focus on engineering and data science roles across various RTX units.
What is the projected growth of Global Capability Centres in India?
The market size of India's GCCs is expected to grow significantly from $64.6 billion in 2024 to between $99 billion and $105 billion by 2030.
How is RTX balancing outsourcing with in-house operations?
RTX aims to reduce dependency on outsourcing by increasing the proportion of in-house technology work from about 33% to at least 55% over the next three years.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.