Rolls-Royce Marine North America and Kalyani Strategic Service sign an Agreement
A memorandum of understanding (MoU) was signed by Rolls-Royce Marine North America and Kalyani Strategic Service Limited (KSSL), a 100% subsidiary of Bharat Forge, to investigate the possibility of KSSL serving as an in-country provider for propeller sales in the Indian market.
Pact between Rolls-Royce Marine North America and Kalyani Strategic Service Limited: Key Points
- The agreement may cover installation, commissioning, testing, design and development, licenced manufacture, pre-sales and sales support, installation, and aftermarket services and support, among other things.
- According to Rolls-Royce, the new agreement should make it possible to establish a local supply chain ecosystem in India for shafting and propellers with changeable pitch.
- According to Kishore Jayaraman, President of Rolls-Royce for India and South Asia, the company is dedicated to meeting the changing needs of the Indian armed forces and is in a good position to provide cutting-edge technological solutions to assist India’s ambition for naval modernization.
Benefit to Indian Defense Industry with this deal
The Indian Defense Industry is about to undergo a significant transformation in line with the AatmaNirbhar Bharat mission. Significant steps are being taken by Bharat Forge Ltd. to domesticate important systems and components for the armed forces.
Developing specialised naval propulsion technology and goods for the Indian Navy domestically is the goal of this strategic partnership with Rolls Royce, a longstanding participant in the naval ecosystem with a solid portfolio of technologically advanced products and offerings.