Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

Godrej Aerospace expands partnership with Rolls-Royce

Godrej Aerospace, a unit of Godrej & Boyce has expanded its partnership with Rolls Royce, by securing a Rs.200 crore contract, over the next five years.

The company has also announced the inauguration of a Rs.50 crore center of excellence, which will further increase its manufacturing capabilities in the aero space industry.

The company stated, “Under this contract, Godrej will manufacture unison rings, complex fabrication and external brackets which will supply as many as 600 different parts to various Rolls-Royce civil aerospace engine portfolio.”

Further, Kishore Jayaraman, President, Rolls-Royce India and South Asia stated, “The expansion of partnership with Godrej to manufacture aero engine components showcases our commitment to developing an aerospace ecosystem in this country.”

Read EquityPandit’s Technical Analysis of Nifty

 

Get Daily Prediction & Stocks Tips On Your Mobile