RIL, Rolls-Royce form JV to develop combat engine
Summary
- Reliance Industries Limited (RIL) and Rolls-Royce have formed a joint venture to develop a combat engine.
- The joint venture aims to create an Aerospace Gas Turbine Complex in India.
- The partnership is expected to boost India's defence manufacturing capabilities.
Key Facts
- · RIL and Rolls-Royce have formed a joint venture
- · The joint venture is for developing a combat engine
- · An Aerospace Gas Turbine Complex is planned in India
Why it matters
The joint venture is significant as it will enhance India's self-reliance in defence manufacturing and reduce dependence on foreign suppliers.
#defence manufacturing#Make in India#joint venture#Rolls-Royce#RIL
