Aerospace
major Rolls-Royce has announced that it will double its supply chain sourcing
from India over the next five years, The parts sourced include complex ones
such advanced aerospace engines, naval propulsion systems, diesel engines and
gas turbine engines. This is part of the
company’s plans to grow its presence and participation in India’s defence
sector.
At
the moment, the company already sources a wide range of high-precision parts
and engine components for its civil aerospace, defence and power systems
businesses from a variety of Indian partners. The company is also committed to serving the needs of India’s armed
forces and remains focused on participating in co-development opportunities for
critical combat engine technologies.
At the moment, Rolls-Royce has joint ventures
with Hindustan Aeronautics Ltd and Force Motors. It also has long-standing relationships with Tata, Bharat Forge,
Godrej & Boyce and others, for manufacturing and sourcing complex parts
for its businesses in India.