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Infosys to Deliver Engineering and Digital Services to Rolls-Royce Group

Posted On: 2019-03-07 17:09:24

Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been selected by Rolls-Royce Plc UK, a world leader in engines and propulsion systems, as one of the strategic long-term partners to deliver digital and engineering services.

As part of this engagement, Infosys will leverage its industry-leading turbo machinery and propulsion practice to offer Rolls-Royce best-in-class, end-to-end complex engineering and digital solutions to meet its customers' increasing needs for sustainable energy. Infosys has extensive experience delivering complex programs in aero and land based gas turbines spanning component development, next-generation manufacturing technologies, service engineering, support, testing and validation services.

Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, Infosys, said, "We are pleased to be selected as a long-term strategic partner by Rolls-Royce. Through our engineering and digital services, we will support Rolls-Royce to become more productive, agile and innovative. We continue to invest in this exciting industry and in this partnership to support Rolls-Royce navigate the next in its transformation journey."

Kishore Jayaraman, President for India & South Asia at Rolls-Royce, said, "As a leading industrial technology company, our ongoing commitment to innovation is essential to meeting customer and society's needs for sustainable power. Our association with Infosys is a step in this direction as it enables us to increase our technical differentiation in the engineering and digital domain while accelerating cost optimization and competitiveness. Given the successful track record of Infosys in turbo machinery and propulsion engineering services, they are the right partner to support our goals set out in the coming years."

Shares of INFOSYS LTD. was last trading in BSE at Rs.723.25 as compared to the previous close of Rs. 732.2. The total number of shares traded during the day was 538547 in over 10995 trades.

The stock hit an intraday high of Rs. 735.5 and intraday low of 720.75. The net turnover during the day was Rs. 389972773.


Source: Equity Bulls

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