Rolls-Royce in India

Rolls-Royce (R-R) has formed a wholly-owned subsidiary in India to increase its focus on the country`s expanding power generation and oil and gas market.

The company says that the formation of Rolls-Royce Energy Systems India Private Ltd (RRESIPL) is consistent with its strategy of growing its global energy business through a complete range of services, products and after-market support for customers in the power generation, oil and gas sectors.

The new company will undertake a range of activities in its core sectors, including the design, development, commissioning and servicing of systems which use R-R diesel engines and industrial gas turbines.

The announcement follows the acquisition of the rotating equipment interests of Cooper Energy Services based in Mount Vernon, Ohio for $180m.

The company also recently agreed to purchase National Automotive Corporation.