17 August 2026 | 5:34AM IST Equity Research India Aerospace & Defense: Reliance Industries and Rolls-Royce join hands for AMCA engine; +ve read through for PTC Industries and Azad Reliance Industries (covered by GS analyst Nikhil Bhandari) and Rolls-Royce (covered by GS analyst Sam Burgess) have announced a strategic intent to partner and develop India's indigenous combat engine for the Advanced Medium Combat Aircraft (AMCA) programme. In our view, the development is significant as it blends Rolls-Royce's e ...