Kalyani Strategic Systems signs MoU with Rolls-Royce Marine North America

For development of naval propulsion systems for the Indian market
Kalyani Strategic Systems (KSSL), a 100% subsidiary of Bharat Forge, signed a Memorandum of Understanding (MOU) with Rolls-Royce Marine North America for the development of naval propulsion systems for the Indian market.Under the agreement, KSSL will collaborate with Rolls-Royce for the design and development, licensed manufacturing, pre-sales and sales support, installation, commissioning, testing, and aftermarket services and support of the propulsion systems. This would facilitate the creation of a local supply chain ecosystem in India for Controllable Pitch Propellers and Shafting systems as required by the Indian Navy.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 18 2023 | 10:31 AM IST
