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Key Facts:
Rolls-Royce is the world’s second-largest maker of aircraft engines after CFM International and has major businesses in the marine propulsion and energy sectors.
Make in India is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products in India and incentivize dedicated investments into manufacturing.
Prime Highlights:
The company aims to broaden its partnerships in India, supporting both business growth and the Indian government’s ‘Make in India for the world’ initiative.
Rolls-Royce has helped enhance in-country manufacturing to meet global quality standards and plans to develop local capabilities for producing complex engine components.
Key Background:
Rolls-Royce, a global leader in aerospace and defense technology, has announced plans to double its sourcing from India within the next five years. This initiative aims to enhance the company’s supply chain by increasing the procurement of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines, and gas turbine engines.
The company currently sources a variety of high-precision engine components and parts from Indian suppliers for its civil aerospace, defense, and power systems sectors. While Rolls-Royce did not disclose the total value of these sourced products, the company emphasized the strategic importance of India in its supply chain.
Rolls-Royce’s Chief Transformation Officer, Nicola Grady-Smith, highlighted India’s emergence as a preferred global sourcing hub. The company intends to expand its partnerships in India to support its business growth while also aligning with the Indian government’s ‘Make in India for the world’ initiative. Grady-Smith noted that Rolls-Royce has significantly contributed to enhancing in-country manufacturing capabilities, meeting the highest global quality standards. The company’s goal is to strengthen relationships with both existing and new Indian suppliers to facilitate the local manufacturing of complex engine components for global markets.
Rolls-Royce has built a robust ecosystem in India, encompassing strategic partnerships, skilled talent, engineering expertise, digital capabilities, service delivery, supply chain, and manufacturing. This ecosystem is bolstered by a legacy of successful technology transfers, particularly in the defense sector, where Rolls-Royce has licensed engine production in collaboration with local entities. In addition to supporting India’s defense vision, Rolls-Royce remains committed to co-development opportunities, particularly in combat engine technologies, in partnership with India’s armed forces. The company’s long-standing collaborations with organizations like Hindustan Aeronautics Ltd, Force Motors, Tata, Bharat Forge, and Godrej & Boyce further strengthen its foothold in the region. Rolls-Royce currently employs over 2,000 highly skilled engineers in India, contributing significantly to global development programs.