Announcing today the ‘India Open Innovation programme (IOiN-RR)’ Rolls Royce had bestowed we Indians an opportunity 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. Via IOiN-RR Indian businessman/organization are also given with a chance to leverage their solutions globally.
This challenge will testify the aspiring technology in three critical areas:
- Test and measurement;
- Repair, inspection and servicing technologies; and
- Novel designs and manufacture of large components and tools.
Explaining the terms, Paul Stein, Chief Scientific Officer at Rolls-Royce said, “Through this programme, we are seeking to identify technologies or techniques in industries outside of which Rolls-Royce usually operates, and in small and medium sized companies Rolls-Royce does not currently work with.”
In addition, the Rolls Royce also states, the organisations who are there in existence for minimum two years are eligible to apply. The solutions submitted by them should be beyond conceptual stage and must fling in between a successful prototype and ready for industry stage. Organisations should register their initial interest via email to FICCI (IOiN-RR@ficci.com) or NASSCOM (firstname.lastname@example.org). After an initial screening, the shortlisted applicants will be invited to register online and submit a detailed proposal.
Taking the plight further, Kishore Jayaraman, President, Rolls-Royce India commented, “India is home to some of the world’s most innovative small and medium sized companies. We are looking to tap into that depth of expertise and knowledge to discover new solutions that can help us advance our own products, processes and services. Rolls-Royce has an 80-year history of strong and successful partnerships and collaborations in India, and we hope to establish more partnerships of mutual benefit through this initiative.”