What are your thoughts on companies aligning their ‘Purpose’ with society’s changing demands?
Make In India Is an Enabler To Accelerate Our Growth: Thales CEO. Thales has been a trusted partner of the Indian armed forces. We remain steadfast in our commitment to the “Make in India” vision of the Government of India
Changing times present new challenges for corporates. With the altering demands of societies, companies need to adapt and further align their purpose and values to the newly presented dynamics. The pursuit of plain profit without being mindful of society tends to offer no advantage to any corporate.
A company needs to embrace purpose and consider the needs of a broad range of stakeholders in order to achieve long-term profits. With a strong sense of purpose and a commitment to stakeholders, companies can connect more deeply to their customers and adjust to the changing demands of society.
Technology providers such as Thales will need to show material evidence that their resources and capabilities effectively address these changing demands. The purpose is, at the end of the day, pivotal to sustain long-lasting profitability, and businesses have come to realize the sheer scale of the challenges facing our complex world. This provides material evidence of their responsibility to society and to adapt to its changing dynamics.
Lastly, as a company present in India for many decades and being a partner to the Rafale program, can you give us an update on Thales’ offering onboard the Rafale?
For decades, Thales has been a trusted partner of the Indian armed forces. We remain steadfast in our commitment to the “Make in India” vision of the Government of India. “Make in India” is an enabler to accelerate our growth momentum and today we can proudly state that through local partnerships, under the aegis of this transformative vision, we are developing more products and creating more jobs locally in India.
The Indian Air Force’s Rafales fly with state of the art Thales technologies such as the RBE2 active electronic scanning array (AESA) radar and the SPECTRA electronic warfare system. Other Thales technologies onboard the Rafale include the front-sector optronic systems, the CNI system (communication, navigation, identification), the majority of the cockpit display systems as well as power generation systems and logistics support component.
We remain committed to supporting the modernization program of the Indian armed forces and help them to prepare, achieve, and maintain tactical superiority and strategic independence over any form of threat.