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Hindustan
Aeronautics Limited (HAL) the premier aerospace company in India,
and Rolls-Royce, the global power systems company, today signed an
agreement to create a manufacturing joint venture company in
Bangalore, India. The new company, a 50:50 joint venture between HAL
and Rolls-Royce, will undertake the manufacture of compressor shroud
rings.
Construction of a new purpose-built production facility,
incorporating the latest in modern manufacturing techniques, will
commence in 2010 with component production beginning in 2012.
HAL Chairman Ashok Nayak said: “HAL and Rolls-Royce have been
strategic partners since 1956, when HAL started producing the
Orpheus engine, under licence. Since then the partnership has
flourished on key programmes like the Hawk Advanced Jet Trainer’s
Adour Mk871 engine, following on from the production of Adour Mk811
engines for the Jaguar.”
Sir John Rose, Chief Executive of
Rolls-Royce, said: “India is extremely important to Rolls-Royce and
we are delighted to announce this new joint venture company with our
partners HAL. This marks an exciting new phase of our long-standing
partnership with HAL and underscores our commitment to India and the
aerospace industry here. India is a country that is full of
potential for Rolls-Royce and we look forward to continuing to
develop our business here in the future.”
“As a result of our work together we have contributed to the
development of the aerospace industry in India. This new
manufacturing venture will further our common objectives, advancing
high value-added manufacturing in India.”
Rolls-Royce is committed to developing new,
advanced manufacturing technologies and skills in India and, through
this venture, will also be creating highly skilled new jobs in the
Indian aerospace industry. Rolls-Royce has a significant presence in
India stretching back over 78 years and now has more than 1,300
engines in service in India, across the company’s four global market
sectors – civil aerospace, defence aerospace, marine and energy.
The HAL’s partnership with Rolls-Royce is now in
its 54th year. HAL became a supplier to Rolls-Royce in 2003,
exporting ring forgings for use in one of the world’s most
technologically advanced civil aero engines - the Trent. The
relationship continues to prosper, with HAL producing the Hawk
Advanced Jet Trainer’s Adour Mk871 engine to train India’s
next-generation pilots. |
