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500 engineers needed in new Bangalore facility by end 2017
Bangalore. Rolls-Royce has announced that it will be expanding its engineering capability in India with plans for a facility in Bangalore that will employ 500 people by the end of 2017. The work done at the facility will include aerospace engineering for customers in the region as well as support for Rolls-Royce’s regional supplier base. It will also include the development of new tools and technologies that make best use of the capabilities that exist in India.
India is a key market for Rolls-Royce and the company has a long track record of investing in developing the country’s aerospace capabilities. Rolls-Royce has partnered with Indian industry for more than 80 years and already has access to over 1,000 engineers in the country, a company statement said April 1.
The expansion of capability in India will allow Rolls-Royce to be closer to its customers and will enable the business to position itself to take advantage of new business opportunities, as well as maintaining its competitiveness in the market. It is also part of Rolls-Royce’s strategic aim to continue to establish a cost-competitive presence in key growth markets, ensuring it has the right people, with the right capabilities and skills to deliver to customers.
According to Mr Kishore Jayaraman, President – India & South Asia, Rolls-Royce, “Our plans to expand our capabilities here is testament to India’s talented engineering workforce and strongly supports our growth strategy in India. The Government here is fully committed to the development of the aerospace industry, by providing the right infrastructure, talent and a conducive business environment for the industry to thrive.”
Rolls-Royce currently operates and manages two engineering service centres in Bangalore; one with QuEST, launched in 2005 and one with TCS which opened in 2010. Both employ around 500 engineers providing engineering solutions and services across the entire product development life-cycle.
Further supporting Rolls-Royce’s aerospace operations is IAMPL, a 50:50 joint venture with Hindustan Aeronautics Limited (HAL), to manufacture components for the technologically advanced Trent family of civil aero engines in a Bangalore facility that opened in 2013 and employs more than 100 people.
The new Rolls-Royce facility will have no direct impact on the relationships with existing partners IAMPL, QuEST or TCS.
Rolls-Royce highlighted these points:
1. Rolls-Royce’s vision is to create better power for a changing world via two main business divisions, Aerospace and Land & Sea. These business divisions address markets with two strong technology platforms, gas turbines and reciprocating engines. Aerospace comprises Civil Aerospace and Defence Aerospace. Land & Sea comprises Marine, Nuclear and Power Systems.
2. Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
3. Rolls Royce business is focused on the following 4Cs:
4. Annual underlying revenue was £14.6 billion in 2014, around half of which came from the provision of aftermarket services. The firm announced order book stood at £73.7 billion at the end of 2014.
5. In 2014, Rolls-Royce invested £1.2 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
6. Rolls-Royce employs over 54,000 people in more than 50 countries. Over 15,500 of these are engineers.
7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2014, Rolls Royce employed 354 graduates and 357 apprentices through its worldwide training programmes. Globally it has over 1,000 Rolls-Royce STEM ambassadors who are actively involved in education programmes and activities; the Group has set a target to reach 6 million people through its STEM outreach activities by 2020.
Bangalore. Rolls-Royce has announced that it will be expanding its engineering capability in India with plans for a facility in Bangalore that will employ 500 people by the end of 2017. The work done at the facility will include aerospace engineering for customers in the region as well as support for Rolls-Royce’s regional supplier base. It will also include the development of new tools and technologies that make best use of the capabilities that exist in India.
India is a key market for Rolls-Royce and the company has a long track record of investing in developing the country’s aerospace capabilities. Rolls-Royce has partnered with Indian industry for more than 80 years and already has access to over 1,000 engineers in the country, a company statement said April 1.
The expansion of capability in India will allow Rolls-Royce to be closer to its customers and will enable the business to position itself to take advantage of new business opportunities, as well as maintaining its competitiveness in the market. It is also part of Rolls-Royce’s strategic aim to continue to establish a cost-competitive presence in key growth markets, ensuring it has the right people, with the right capabilities and skills to deliver to customers.
According to Mr Kishore Jayaraman, President – India & South Asia, Rolls-Royce, “Our plans to expand our capabilities here is testament to India’s talented engineering workforce and strongly supports our growth strategy in India. The Government here is fully committed to the development of the aerospace industry, by providing the right infrastructure, talent and a conducive business environment for the industry to thrive.”
Rolls-Royce currently operates and manages two engineering service centres in Bangalore; one with QuEST, launched in 2005 and one with TCS which opened in 2010. Both employ around 500 engineers providing engineering solutions and services across the entire product development life-cycle.
Further supporting Rolls-Royce’s aerospace operations is IAMPL, a 50:50 joint venture with Hindustan Aeronautics Limited (HAL), to manufacture components for the technologically advanced Trent family of civil aero engines in a Bangalore facility that opened in 2013 and employs more than 100 people.
The new Rolls-Royce facility will have no direct impact on the relationships with existing partners IAMPL, QuEST or TCS.
Rolls-Royce highlighted these points:
1. Rolls-Royce’s vision is to create better power for a changing world via two main business divisions, Aerospace and Land & Sea. These business divisions address markets with two strong technology platforms, gas turbines and reciprocating engines. Aerospace comprises Civil Aerospace and Defence Aerospace. Land & Sea comprises Marine, Nuclear and Power Systems.
2. Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
3. Rolls Royce business is focused on the following 4Cs:
- Customer – placing the customer at the heart of our business
- Concentration – deciding where to grow and where not to
- Cost – continually looking to increase efficiency
- Cash – improving financial performance.
4. Annual underlying revenue was £14.6 billion in 2014, around half of which came from the provision of aftermarket services. The firm announced order book stood at £73.7 billion at the end of 2014.
5. In 2014, Rolls-Royce invested £1.2 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
6. Rolls-Royce employs over 54,000 people in more than 50 countries. Over 15,500 of these are engineers.
7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2014, Rolls Royce employed 354 graduates and 357 apprentices through its worldwide training programmes. Globally it has over 1,000 Rolls-Royce STEM ambassadors who are actively involved in education programmes and activities; the Group has set a target to reach 6 million people through its STEM outreach activities by 2020.
