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The Economic Times

Business

GE Aerospace to boost India supply chain spending to $400 million by 2030; eyes more sourcing of components

GE Aerospace India Supply chain Mahindra Tata Group Aviation CFM International

New Delhi: GE Aerospace plans to nearly double its spending on the supply chain in India to USD 400 million by 2030 as the engine maker looks to increase its sourcing of components from the country.

The company, which has been present in India for over 40 years, has a significant presence in civil aviation and defence segments, apart from having a manufacturing facility in Pune and a technology centre in Bengaluru.

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