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Warship company GRSE and Rolls-Royce signed an agreement to produce MTU Series 4000 Marine Engines in India. The engines will be manufactured at GRSE's Diesel Engine Plant in Ranchi. The collaboration is part of the 'Make in India' initiative and will benefit the Indian Navy and Coast Guard.
Emmanuel Macron’s visit as chief guest on January 26 will give a boost to India-France strategic partnership
The Bengaluru-based company had also received an order worth Rs 339.31 crore, related to Combat Management System, Composite Communication System, Transmit / Receive Modules, Mobile Autonomous Stabilization System and other spares / services. Its cumulative orders are now up to Rs 27,647.31 crore for the current fiscal year 2023-24.
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