Godrej Aerospace, a unit of Godrej & Boyce, has expanded its partnership with aerospace major Rolls-Royce by bagging a Rs 200-crore contract which will involve the group investing Rs 50 crore in a new facility.
The company also announced the inauguration of a Rs 50-crore centre of excellence in the city today, which will further enhance its manufacturing capabilities in the aero engine industry, the company said in a statement.
Expanding its partnership, Rolls-Royce has awarded a Rs 200-crore (USD 30 million) contract to Godrej Aerospace, spread over the next five years, the company said.
"Under this contract, Godrej will manufacture unison rings, complex fabrication and external brackets which will supply as many as 600 different parts to the various Rolls-Royce civil aerospace engine portfolio," the statement said.
The newly inaugurated centre of excellence will be one of the best aerospace facilities in the country for manufacturing of sheet metal brackets. Its metallurgy capability includes in-conel, stainless steel and titanium and will begin manufacturing within the next two to three months.
"We have made an investment of Rs 50 crore in this facility, and with this we open ourselves to a global market size in excess of Rs 1,500 crore," the company said.
Commenting on the partnership, Jamshyd Godrej, chairman and managing director of Godrej & Boyce said, "Godrej Aerospace has served the domestic aerospace programme for close to three decades. Weve an integrated facility meeting diverse demanding requirements of fabrication, machining, assembly and testing with all associated capabilities for special processes in aerospace applications."
Kishore Jayaraman, president, Rolls-Royce India and South Asia said, "The expansion of partnership with Godrej to manufacture aero engine components showcases our commitment to developing an aerospace ecosystem in this country."
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