HAL, Rolls-Royce ink pact

Bangalore: Hindustan Aeronautics Limited (HAL) and Rolls-Royce on Tuesday signed an agreement to create a manufacturing joint venture company.
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’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.
31/03/10 Express Buzz

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Categories: Foreign Mar 2010, New Mar 2010