Aerospace major Rolls-Royce has announced its intention to double its supply chain sourcing from India over the next five years. The company plans to increase sourcing of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines, and gas turbine engines to grow its presence and participation in India's defense sector. Rolls-Royce currently sources a wide range of high-precision parts and engine components from Indian partners for its civil aerospace, defense, and power systems businesses. The company highlights India's emergence as a preferred global sourcing hub and emphasizes its commitment to strengthening partnerships with both existing and potential Indian suppliers to develop capabilities for manufacturing complex engine components locally for global markets. Rolls-Royce highlights its established ecosystem of strategic partnerships, skilled talent, engineering and digital capabilities, service delivery, supply chain, and manufacturing in India, along with a history of successful technology transfer for licensed production of various engines in the defense domain. The company believes that strengthening the supply chain and enhancing ecosystem capabilities will pave the way for future co-production opportunities, supporting India's vision of becoming a self-reliant defense powerhouse. Rolls-Royce emphasizes its commitment to serving the needs of India's armed forces and its focus on participating in co-development opportunities for critical combat engine technologies.
Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.
The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.
There is little appetite among combat aircraft engine makers to share the IP that results from a co-creation project. But Rolls-Royce is willing to walk the Aatmanirbhar talk.
He will take charge of all Rolls-Royce operations and activities in India and South Asia, British High Commission said in a statement on Thursday.
For the first time in 13 years, since Jet Airways' A330 planes exited the airline's fleet in around 2010, an Indian wide-body aircraft will have a Rolls-Royce-powered engine, with Air India ordering 40 Airbus A350 planes. On Tuesday, Air India announced its mega aircraft order for 470 aircraft, including A350 planes. The A350 aircraft, which will come in two variants, are powered solely by Rolls-Royce Trent XWB engines and the local team has begun work to assist Air India with its aircraft-induction plans.
Indian IT services firm Infosys and Rolls-Royce, an aerospace and defence technology major, on Wednesday announced signing a strategic partnership for sourcing engineering and R&D Services for the latter's Civil Aerospace business. As part of the overall partnership, Rolls-Royce will "transition a significant part of its engineering centre capabilities for civil aerospace in Bengaluru to Infosys", a statement said. However, the number of people who will move to Infosys was not disclosed.
High net worth individuals in their mid-40s were the majority of customers opting to purchase the British luxury automobile maker Rolls-Royce's range of cars in India, a company official said. Rolls-Royce Motor Cars on Tuesday launched its latest all-electric - Spectre - priced at a whopping Rs 10 crore (ex-showroom), in Chennai. A 'Chartreuse' (greenish-yellow) colour variant of the Spectre rolled out of the podium at an event marking the formal launch of the brand in the South Indian market showcased for aspiring customers and dealers.
Rolls-Royce plc, a UK-based aero engine giant, announced on Friday that it was bidding for engines for Air India's 2.2 billion aircraft acquisition plan
Rolls-Royce plc, a UK-based aero engine giant, announced on Friday that it was bidding for engines for Air India's 2.2 billion aircraft acquisition plan
Rolls Royce launches the Phantom luxury sedan in India
Rolls-Royce is banking on India's new millionaires.
'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'
Reliance Industries, headed by India's richest man Mukesh Ambani, has bought an ultra-luxury Rolls Royce hatchback costing Rs 13.14 crore.
Patronised by maharajas for decades, it is customising now with deeper distribution and car editions.
The customised version could be of Phantom and Ghost series and will be available in limited numbers.
The luxurious wheels of Rolls-Royce are all set to move on Indian roads with the company making a come back to the country after 50 years.\n
Rolls-Royce is gearing up to tap the country's billionaires with new models, including new convertible and a potential SUV.
Tata Consultancy Services on Wednesday announced a global engineering services partnership with power systems company Rolls-Royce.
Rolls-Royce said on Wednesday it aimed to exploit the burgeoning gas market and expand its overall presence in India through the launch of its new gas engine in Mumbai.
The British aerospace giant is understood to be in the process of rolling out a series of new engine design, analysis and development programmes and is looking at roping in an additional partner to handle its sub-contracting requirements.
We take a look at Rolls-Royce's amazing and path-breaking journey.
The London-based CEO of alldayPA and Isher Capital has been making waves on Instagram with his Rolls-Royce collection.
The obsession of the royal families for expensive things and their crazy spending habits are funny stories for the present generation. Their fancy for cars is well-known. These are some stories
India is among the top five markets for Ghost model in the Asia Pacific region.
Youngest customer for Rolls- Royce is a 26-year-old-Indian.
Latest version of pinnacle, super-luxury car features significant updates to drivetrain, electronics and subtle design enhancements.
Rolls-Royce expects to sell a total of 50 units this year in India including the newly launched Ghost 2010 series, its authorised dealer said on Thursday.
Basically the convertible version of the Rolls Royce Wraith, the Dawn made its public debut at the 2015 Frankfurt Motor Show
Among other things, the buyer can spend a day watching his/her car being hand-assembled.
Rolls-Royce Motor Cars previewed its two-door, four-seat Phantom Coupe in Mumbai on Saturday, its fourth new model in the Phantom series line-up.
The taxman is rapidly catching up with foreign companies operating in India through agents. After Star, Morgan Stanley and Sony, it was the turn of UK-based Rolls Royce to be asked to pay taxes on a part of profits earned from Indian operations.
The defence ministry has put on hold all existing and future deals with Rolls Royce pending a CBI probe ordered into allegations of bribery and engaging middlemen in contracts worth Rs 10,000 crore for supply of aircraft engines to state-owned HAL.
The company's worldwide sales increased by 25 per cent in 2007, over 2006, with retails of 1,010 cars.
The Indian Navy, which was earlier looking towards the US for design expertise, technical know-how and operational practices, is now considering the advantages of working with the Royal Navy.
A 1951 model antique hand-made classic Rolls Royce car, a single model till date valuing more than Rs 2.5 crore at present and ordered by first prime minister Jawaharlal Nehru for the erstwhile 'maharani' of Baroda, has become a major bone of contention in a matrimonial dispute in the Supreme Court.
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