GE Aerospace To Raise Sourcing Components From India
GE Aerospace To Raise Sourcing Components From India
New Delhi: Engine maker GE Aerospace plans to increase sourcing of components from India, which is a growing aviation market, a senior company official has said. The company has a manufacturing facility in Pune and the John F Welch Technology Centre in Bengaluru. Currently, it has 13 major suppliers, including Tata Advanced Systems Ltd (TASL). Mahendra Nair, Group Vice President for Commercial Programs at GE Aerospace, said India's contribution to the supply chain will increase.
"We have got some very capable companies in India with the right engineering talent, the right production footprint and as long as they can meet the technical standards that we are looking for, it is only upside and it is going to grow. "India is a market that is going to grow and that makes sense for us to continue sourcing more from India," Nair told PTI during a recent interview in the national capital. Vikram Rai, South Asia Chief Executive Officer of GE Aerospace, said the company's sourcing has gone up by 20 times during 2018 to 2022 period.