Sigma Advanced Systems Secures ₹3,800 Crore Aerospace Contract with Rolls-Royce
Sigma gets ₹3,800 crore Rolls-Royce contract for aerospace parts
The Economic TimesImage: The Economic Times
Hyderabad-based Sigma Advanced Systems has won a ₹3,800 crore (approximately $460 million USD) contract from Rolls-Royce Holdings Plc to supply aerospace parts over the next seven years. This partnership enhances India's aerospace export capabilities and positions Sigma as a key player in Rolls-Royce's global supply chain.
- 01Sigma Advanced Systems secures a ₹3,800 crore contract from Rolls-Royce.
- 02The deal spans seven years and involves supplying aerospace parts.
- 03Sigma will enhance its role in Rolls-Royce's global supply chain.
- 04The partnership is expected to generate multi-year revenues for Sigma.
- 05Sigma aims to transition to an integrated manufacturing partner.
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Hyderabad-based Sigma Advanced Systems has secured a significant contract worth ₹3,800 crore (approximately $460 million USD) from Rolls-Royce Holdings Plc to supply aerospace parts over the next seven years. This deal marks a major advancement for India's defense and aerospace exports, establishing Sigma as a critical component in Rolls-Royce's global supply chain. Sigma will provide a range of high-precision, safety-critical components and assemblies for various aerospace programs, with deliveries facilitated through its manufacturing network in India and the UK. Sunil Kumar Kalidindi, the chief executive of Sigma, emphasized that this partnership validates their strategic investments in building a connected India-UK platform focused on quality and reliability. The collaboration not only promises multi-year revenues but also positions Sigma as a long-term player in high-value aerospace programs, enhancing its visibility in upcoming projects in India.
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This contract is expected to enhance India's aerospace export capabilities and create job opportunities in the sector.
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