Rolls-Royce Launches India Open Innovation Program

By • on August 4, 2013

The Firstpost.Business website reported that Rolls-Royce recently launched its India Open Innovation program, which is designed to help identify to buy or license technologies or techniques outside Rolls-Royce’s traditional areas of operation that are new and potentially beneficial to Rolls-Royce. The innovation portal is already live and will be a forum to share best practices and ideas. The challenges will focus on three critical areas: test and measurement; repair, inspection and servicing technologies; and novel designs and manufacture of large components and tools. Selected challenges can lead to various relationships with the owner of the innovation from customer-supplier relationship, or procuring tailor-made equipment.

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