RIL and Rolls-Royce form JV for combat engine development
pre-market1 source ↓written by the desknot a recommendation
Reliance Industries Ltd. (RIL) and Rolls-Royce have partnered to develop a sovereign combat engine for India's Advanced Medium Combat Aircraft (AMCA) programme. They will also explore establishing an Aerospace Gas Turbine Complex to enhance power and propulsion technology in India. This collaboration may boost India's defense manufacturing capabilities and attract further investments in the sector.
Not investment advice. For informational purposes only.