PUNE: After its listing on New York Stock Exchange, GE Aerospace announced an investment of over Rs 240 crore (~US$30 million) to expand and upgrade its manufacturing facilities in Pune. The investment will allow the facility to add new designs and manufacturing processes through the acquisition of specialized equipment and tools, along with increasing the capacity of existing products.
“Our team at the multimodal manufacturing facility in Pune has a strong focus on safety, quality and delivery for our customers. I am very pleased to see expansion at this facility, which has already become a strong contributor to our global aircraft supply chain. engine components,” said Mike Kauffman, vice president of Global Supply Chain at GE Aerospace.
Opened in February 2015, the factory produces components for commercial jet engines. They are supplied to GE's global factories, where they are used to assemble the G90, GEnx, GE 9X commercial jet engines and LEAP engines by CFM, a joint venture between GE and Safran. The installation has been fundamental for local development aerospace manufacturing talent, having trained more than 5,000 people since inception in specialized aerospace precision manufacturing processes.