01-June-2026
Economy News
 
Rolls-Royce looks to set up MRO, aero gas turbine unit
01-Jun-2026

Betting big on India, British engineering MNC Rolls-Royce plans to set up a maintenance, repair and overhaul (MRO) unit here for its engines powering aircraft, ranging from regional jets to Airbus A350s. It is open to increase its sourcing multi-fold to over $1 billion in next five years if its plans for the country's defence and power systems take off. The two biggest things it has offered India are technology transfer to develop indigenous engines for the fifth generation advanced medium combat aircraft (AMCA). And, it is "seriously exploring the opportunity for small modular reactors for civil nuclear use here" under the recently cleared Shanti (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India) Act 2025 that has ended public sector monopoly in the sector.

News Source:- https://timesofindia.indiatimes.com/business/india-business/rolls-royce-looks-to-set-up-mro-aero-gas-turbine-unit/articleshow/131432341.cms