New Delhi, Feb. 10 -- Aerospace giant Rolls-Royce announced on Monday that it plans to double its supply chain sourcing from India over the next five years.
The company aims to increase its procurement of complex parts for aerospace engines, naval propulsion systems, diesel engines, and gas turbines as part of its strategy to expand its role in India's defence sector.
Currently, Rolls-Royce sources high-precision parts and engine components from various Indian suppliers for its civil aerospace, defence, and power systems businesses.
However, the company did not disclose the total value of these sourced products.
"India is quickly becoming a key hub for global sourcing," Nicola Grady-Smith, Chief Transformation Officer at Rolls-Royce s...
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