Rolls-Royce Wins $32M Indian Naval Contract

Rolls-Royce business Syncrolift Inc., has won a $32 million order to provide a ship lifting system at a new Indian naval base. The shiplift, the first of its kind in India, is scheduled to go into service at the Karwar base, south of Goa, in the state of Karnataka, in late 2004. The lift, with a capacity of almost 10,000 tons, is capable of handling all Indian Navy vessels up to and including the Delhi destroyer class. The hoists, platform and associated ship transfer system will be made in India and project managed by Syncrolift, Inc., the world leader in shiplift systems with 224 installations in 67 countries. Geoff Stokoe, Syncrolift, Inc. President, said: "This is an important contract from the Indian Navy. The majority of our manufacture will take place in India and we are committed to further developing our relationships with Indian industry. This project will demonstrate the benefits of using a Syncrolift shiplift to other naval and commercial operators in India, where we see tremendous potential."

The naval base at Karwar, a major construction project on India's west coast, is designed to meet India's naval needs for the next century. This new project further enhances Rolls-Royce's long history of support to India's armed forces on a wide range of products which date back to 1933.