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PRESS RELEASE
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MUMBAI, April 21, 2010: Rolls-Royce, the global power systems company, and Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), the leading IT services, business solutions and outsourcing firm, have announced a global engineering services partnership. TCS will provide Rolls-Royce with a range of engineering services across the entire product life-cycle.
As part of the agreement, TCS will support and enable the Rolls-Royce strategy to expand its engineering services footprint in India. TCS will set up an engineering centre to cater to Rolls-Royce design and engineering requirements in Bangalore. Rolls-Royce chose to partner with TCS for their technical and project management capabilities, following a comprehensive and competitive evaluation process.
Anil Shrikhande, President Rolls-Royce India said, “India is a strategically significant market as well as an increasingly important technology services location for Rolls-Royce. The new collaboration with TCS, a world class company, will give us additional quality and cycle-time advantages.”
Regu Ayyaswamy, Vice President and Global Head/Engineering and Industrial Services, Tata Consultancy Services said, “This partnership with Rolls-Royce is significant to TCS. This will lead to high quality engineering solutions and services from TCS for complex aero engines under the Rolls-Royce standards of excellence.”
Aerospace and defense sectors have been a major focus for TCS and it has significantly expanded its engineering capabilities in this field. The agreement represents an important milestone for TCS in the aeronautical sector. TCS, over the years, has consolidated its position in the field of Engineering Services as a player with unmatched capabilities in the field of design and development, providing world-class services.
About Rolls-Royce
Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
As a result of this strategy, Rolls-Royce today has a broad customer base comprising more than 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,000 marine customers, including 70 navies, and energy customers in nearly 120 countries, with an installed base of 54,000 gas turbines.
Rolls-Royce has a long and proud history of partnership with India - more than 75 years with the Indian Air Force and similarly presence in India’s civil aerospace sector goes back to over 75 years. Its partnership with Hindustan Aeronautics Limited (HAL) in Bangalore is now in its 54rd year. Today, there are over 1,300 Rolls-Royce engines in service in India. The company’s global market sectors – civil aerospace, defence aerospace, marine and energy – are all well represented in the country.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™,recognized as the benchmark of excellence in software development. A part of the Tata Group, India’s largest industrial conglomerate, TCS has over 160,000 of the world's best trained IT consultants in 42 countries. The Company generated consolidated revenues of over US $6.3 billion for fiscal year ended 31 March 2010 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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