Through this strategic partnership, Azad Engineering will join the global supply chain for complex category components for Rolls-Royce’s technologically advanced aero engines.
Through this strategic partnership, Hyderabad-based Azad Engineering will join the global supply chain for complex category components for Rolls-Royce's technologically advanced aero engines.
The unit will be operational by mid-2024 and it will be part of Azad Engineering’s upcoming Centre for Excellence and Innovation Centre and will employ about 300 people.
“This is a momentous occasion for Telangana and India as the parts manufactured here will now be used globally in several Boeing platforms,” said Rakesh Chopdar, Founder and Managing Director, AZAD Engineering.
Hyderabad: Hyderabad-based Azad Engineering is planning to invest Rs 1,200-1,500 crore in Telangana over the next few years to ramp up its manufacturing and enhance its capabilities. The company will explore an equity route to fund this expansion to primarily cater to energy, aerospace, heavy machining and oil & gas original equipment manufacturers (OEMs) globally. […]
