What Happened
Doubling Annual Spending To Support Local Manufacturing
GE Aerospace plans to double its annual spending on Indian suppliers by 2030, aiming to increase its supply chain spending in India from $200 million in 2025 to $400 million by 2030. This move is expected to support local manufacturing, meet growing demand for aviation and defence equipment, and create opportunities for Indian small and medium-sized businesses. The announcement highlights India’s growing role in global aviation and defence manufacturing, as reported by Indian Masterminds.