Rolls-Royce to scale-up capabilities in India including MRO partnerships and supply chain, aligned to India-UK CETA and Defence industrial roadmap
Speaking about Rolls-Royce's plans alongside the recent developments, Abhishek Singh, Senior Vice President – Defence (India and South-East Asia), Rolls-Royce said, 'Rolls-Royce has a strong legacy in India, and we look forward to strengthening our in-country capabilities alongside the strong framework for bilateral collaboration set out by the CETA and the UK-India Vision 2035 roadmap. We are exploring potential opportunities to set-up an MRO for the AE2100 engine operated by the Indian Air Force, and to further scale the partnership for assembly and testing for the multi-role transport aircraft (MTA) programme.'
He added that the growing bilateral dialogue between the two countries creates the right environment for Rolls-Royce to explore closer collaboration with Indian partners on defence, technology and innovation to co-develop power and propulsion technologies for India and the world. 'We see India not just as a growth market, but as a strategic partner for co-development, innovation and capability-building. This next chapter, under the defence industrial roadmap, is about creating the right frameworks to deepen a partnership built on trust, talent, and technology.'
The new momentum comes at a time when Rolls-Royce recently announced its intent to double its sourcing from India over the next five years. The company is exploring expansion of its supply chain base in India across its verticals including for complex aero engine parts, in line with India's strategic focus on greater participation in global supply chains.
Through its collaborative partnerships in India, Rolls-Royce aims to bring more of its global technical expertise closer to the point of need, while also engaging and nurturing the local talent and supplier ecosystems.
Speaking about the provisions of the India-UK CETA in relation to the Aerospace sector, Abhishek said, 'We welcome the provisions in the India-UK CETA that align aerospace trade with international standards set forth by the World Trade Organisation. We see this as a launchpad for future growth with our Indian partners across both defence and civil aerospace.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
23 minutes ago
- Economic Times
'Sab ke boss to hum hain…': Rajnath Singh's veiled dig at Trump over tariffs, saying "some" are jealous of India's rapid growth
Synopsis Defence Minister Rajnath Singh took a subtle dig at US President Donald Trump over recent tariffs on Indian goods, accusing global powers of jealousy and trying to disrupt India's rapid economic growth. Speaking at a bhoomi pujan ceremony for a new rail coach factory in Madhya Pradesh, Singh praised India's dynamic economy and highlighted its rise to a top-four global economy since 2014. He also emphasised India's growing defence exports and condemned terrorism, affirming India's strong stance against those who threaten the nation. Defence Minister Rajnath Singh took a subtle dig at US President Donald Trump on Sunday over the recent tariff increases on Indian goods. Without naming Trump, Singh said, "Some 'boss' is jealous, unable to accept India's growth; trying to disrupt the country's economy."He added, "There are some people who are not happy with the speed at which India is developing. They are not liking it. 'Sabke boss toh hum hain' (We are everyone's boss), how is India growing so fast?"These remarks came after the US imposed a 25% tariff on Indian goods and an additional 25% penalty due to India's continued purchase of Russian oil. President Trump also threatened more tariff hikes, called India's economy 'dead,' and New Delhi criticised the US after some aides accused India of supporting Russia's war in Singh described India's economy as the world's most 'dashing and dynamic.' He said that some people with the attitude of 'we are everyone's boss' are unhappy with India's rapid growth. Speaking after a bhoomi pujan (groundbreaking ceremony) of a rail coach manufacturing unit of Bharat Earth Movers Limited (BEML) in Raisen district, Madhya Pradesh, Singh said, 'Today, if any country has a dashing and dynamic economy, it is India's economy.' He said no global power can stop India from becoming a big power due to the speed at which the country is moving pointed out that some people want to make Indian products more expensive when they reach other countries. This would stop people worldwide from buying Indian goods. He said, 'They think that we are everyone's boss and how is India moving forward so fast?'He mentioned that in 2014, India was ranked 11th in terms of economy size, but today it is counted among the top four.'If any country has a rapidly growing economy, it is our India,' he said. 'It means that the country is moving forward and its people are also moving ahead, because if the countrymen do not move forward, India cannot move forward.'Singh also spoke about defence production. Earlier, India bought defence equipment from other countries. But now, many things are made in India by Indian hands. India not only fulfils its own needs but also exports defence products to other said, 'When Narendra Modi became Prime Minister in 2014, only Rs 600 crore worth of defence products were exported. Now, we are exporting defence products worth more than Rs 24,000 crore. This is the power of India. This is the new defence sector of the new India.'Singh also referred to the terrorist attack in Pahalgam, Jammu and Kashmir, in April, where 26 people were killed. He said India responded strongly with Operation Sindoor. He said terrorists killed people after asking their religion, but India does not believe in such killings.'We do not even kill ants,' he said. 'We have resolved that we will kill people (terrorists) not by their religion but by their deeds.'He added, 'India will not spare anyone who instigates us.'On the rail coach unit, Singh said it would be a big gift for Raisen and Vidisha regions in Madhya Pradesh and provide jobs for 5,000 said Madhya Pradesh is rapidly developing in industries, having recently received investment proposals of more than Rs 30 lakh crore.'If the leadership is excellent, development happens rapidly. I think that after a few years, people will start calling Madhya Pradesh a modern state,' he said the area around the rail coach unit would also develop quickly once it is he performed the bhoomi pujan for the BEML rail coach unit at Umaria village in Raisen district. The project is called BRAHMA (BEML Rail Hub for Manufacturing) and will cost Rs 1,800 crore. Its initial capacity will be 125 to 200 coaches a year, which is planned to increase to 1,100 coaches a year in five Pradesh Chief Minister Mohan Yadav, Union Agriculture Minister Shivraj Singh Chouhan, and other officials attended the ceremony. A video message from Railway Minister Ashwini Vaishnaw was also shown. Inputs from agencies
Hans India
23 minutes ago
- Hans India
India's energy sector is rising through global uncertainty: Hardeep Puri
Petroleum and Natural Gas Minister Hardeep Singh Puri said on Sunday that India's energy sector is rising through global uncertainty with the reforms that have been rolled out in the oil and gas sector. "While the world faces fuel volatility, India is moving ahead with reforms. Oil refining capacity in the country has increased from 215 to 258 million metric tonnes per annum (MMTPA), and Jamnagar is now Asia's largest refinery, exporting petroleum products to 100+ countries," the minister said in a post on X. Highlighting the reforms in the upstream oil & gas exploration and production segment, the minister said that the open acreage licensing policy (OALP) Round 10 has unlocked 2.5 lakh sq km for further exploration and production. The clearances required for exploration have also been reduced from 37 to 18 to facilitate the ease of doing business. "Prime Minister Narendra Modi's vision is driving India's energy security through resilience with over $1.3 billion having been invested in the upstream segment to increase oil exploration and production," he said. The minister has also recently highlighted in the Parliament that India is witnessing a renewed surge in oil and gas exploration with the opening of nearly one million square kilometres of erstwhile 'No-Go' offshore areas in 2022. Since 2015, Exploration and Production (E&P) companies operating in India have reported 172 hydrocarbon discoveries, including 62 in offshore areas. Puri highlighted the geological significance of the AN basin, which lies at the junction of the Andaman and Nicobar Basins within the Bengal-Arakan sedimentary system. The tectonic setting, located at the boundary of the Indian and Burmese plates, has led to the formation of numerous stratigraphic traps that are conducive to hydrocarbon accumulation. This geological promise is further amplified by the basin's proximity to proven petroleum systems in Myanmar and North Sumatra. The region has attracted renewed global interest following significant gas discoveries in South Andaman offshore Indonesia, underlining the geological continuity across the region, the minister explained. In a significant development, ONGC and Oil India Ltd (OIL) have launched an ambitious exploration campaign in the Andaman ultra-deepwater region. For the first time, drilling operations are targeting depths of up to 5,000 metres. One such wildcat well, ANDW-7, drilled in a carbonate play in the East Andaman Back Arc region, has yielded encouraging geological insights. These include traces of light crude and condensate in cutting samples, heavy hydrocarbons like C-5 neo-pentane in trip gases, the minister further stated. These findings establish, for the first time, the existence of an active thermogenic petroleum system in the region, comparable to those in Myanmar and North Sumatra. While commercial reserves remain to be established, this campaign has validated the presence of a working petroleum system and laid the foundation for focused exploration in the area, the minister said. Providing an overview of the exploration outcomes so far, the Minister informed that ONGC has made hydrocarbon discoveries in 20 blocks, with an estimated reserve of 75 million metric tonnes of oil equivalent (MMTOE). Oil India Ltd., on its part, has made seven oil and gas discoveries over the past four years, with reserves estimated at 9.8 million barrels of oil and 2,706.3 million standard cubic meters of gas.
Time of India
41 minutes ago
- Time of India
'Sab ke boss to hum hain…': Rajnath Singh's veiled dig at Trump over tariffs, saying "some" are jealous of India's rapid growth
Defence Minister Rajnath Singh took a subtle dig at US President Donald Trump on Sunday over the recent tariff increases on Indian goods. Without naming Trump, Singh said, "Some 'boss' is jealous, unable to accept India's growth; trying to disrupt the country's economy." He added, "There are some people who are not happy with the speed at which India is developing. They are not liking it. 'Sabke boss toh hum hain' (We are everyone's boss), how is India growing so fast?" Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program These remarks came after the US imposed a 25% tariff on Indian goods and an additional 25% penalty due to India's continued purchase of Russian oil. President Trump also threatened more tariff hikes, called India's economy 'dead,' and New Delhi criticised the US after some aides accused India of supporting Russia's war in Ukraine. Rajnath Singh described India's economy as the world's most 'dashing and dynamic.' He said that some people with the attitude of 'we are everyone's boss' are unhappy with India's rapid growth. — PTI_News (@PTI_News) Live Events Speaking after a bhoomi pujan (groundbreaking ceremony) of a rail coach manufacturing unit of Bharat Earth Movers Limited (BEML) in Raisen district, Madhya Pradesh, Singh said, 'Today, if any country has a dashing and dynamic economy, it is India's economy.' He said no global power can stop India from becoming a big power due to the speed at which the country is moving forward. Singh pointed out that some people want to make Indian products more expensive when they reach other countries. This would stop people worldwide from buying Indian goods. He said, 'They think that we are everyone's boss and how is India moving forward so fast?' He mentioned that in 2014, India was ranked 11th in terms of economy size, but today it is counted among the top four. 'If any country has a rapidly growing economy, it is our India,' he said. 'It means that the country is moving forward and its people are also moving ahead, because if the countrymen do not move forward, India cannot move forward.' Singh also spoke about defence production. Earlier, India bought defence equipment from other countries. But now, many things are made in India by Indian hands. India not only fulfils its own needs but also exports defence products to other countries. He said, 'When Narendra Modi became Prime Minister in 2014, only Rs 600 crore worth of defence products were exported. Now, we are exporting defence products worth more than Rs 24,000 crore. This is the power of India. This is the new defence sector of the new India.' Singh also referred to the terrorist attack in Pahalgam, Jammu and Kashmir, in April, where 26 people were killed. He said India responded strongly with Operation Sindoor. He said terrorists killed people after asking their religion, but India does not believe in such killings. 'We do not even kill ants,' he said. 'We have resolved that we will kill people (terrorists) not by their religion but by their deeds.' He added, 'India will not spare anyone who instigates us.' On the rail coach unit, Singh said it would be a big gift for Raisen and Vidisha regions in Madhya Pradesh and provide jobs for 5,000 people. He said Madhya Pradesh is rapidly developing in industries, having recently received investment proposals of more than Rs 30 lakh crore. 'If the leadership is excellent, development happens rapidly. I think that after a few years, people will start calling Madhya Pradesh a modern state,' he said. Singh said the area around the rail coach unit would also develop quickly once it is ready. Earlier, he performed the bhoomi pujan for the BEML rail coach unit at Umaria village in Raisen district. The project is called BRAHMA (BEML Rail Hub for Manufacturing) and will cost Rs 1,800 crore. Its initial capacity will be 125 to 200 coaches a year, which is planned to increase to 1,100 coaches a year in five years. Madhya Pradesh Chief Minister Mohan Yadav, Union Agriculture Minister Shivraj Singh Chouhan, and other officials attended the ceremony. A video message from Railway Minister Ashwini Vaishnaw was also shown. Inputs from agencies
