Rolls Royce has been running the India Open Innovation programme (IOiN-RR) designed to identify SME organisations to buy or license technologies or techniques that are new and are outside their traditional areas of operation and potentially beneficial. What's the progress on this front? Globally, Rolls-Royce is committed to innovation. In 2013 alone, Rolls-Royce invested £1,118 in R&D. We continuously pursue innovation that will improve the performance of our power systems and benefit our customers. We believe that India is home to some of the most innovative small and medium sized companies. Being a key entrepreneurial nation, the Open Innovation Programme, was launched in India last year in July. Earlier in 2012, Rolls-Royce had undertaken a similar programme in Japan. Being the pilot programme, we received a tremendous response from several companies in India. We received some game changing ideas from Indian companies for the challenges shared by us. This unique programme by Rolls-Royce has provided Indian participants the opportunity to leverage their technology globally. The winning solution will get the opportunity of integrating into Rolls-Royce global operations through a collaborative relationship with the company. We were looking for two-three game-changing ideas and we got those. Rolls-Royce is planning to come back again in autumn with new set of challenges for India Open Innovation programme. How do you see India's defence manufacturing sector growing in the next five? India's defence industry, which has grown substantially in recent years, seems headed for even better days. Growth in domestic demand should continue to be robust, the government has a clear vision for an indigenous defence industry and there is tremendous export potential in engineering services and component sourcing. India is in a position to build a vibrant local defence industry ecosystem that could support both domestic and export demand. END