What Happened
Engine Maker Commits To $400 Million By 2030 In Growing Market
GE Aerospace plans to nearly double its spending on the supply chain in India to $400 million by 2030, underscoring its commitment to the nation’s rapidly expanding aviation ecosystem. The company has a significant presence in civil aviation and defence segments, with a manufacturing facility in Pune and a technology centre in Bengaluru. GE Aerospace’s investment in India reflects the country’s growing importance in the global aerospace industry, with 1,700+ new aircraft on order by Indian airlines expected to be powered by GE Aerospace engines. This development was reported by Rediff.com.