GE Aerospace is investing over ₹240 crore ($30 million) in upgrading its Pune manufacturing facility, following its recent listing on the New York Stock Exchange.
GE Aerospace, fresh from its listing on the New York Stock Exchange, is making a significant investment of over ₹240 crore ($30 million) to expand and modernise its manufacturing facility in Pune, India.
This investment aims to facilitate the integration of new projects and manufacturing processes, including the acquisition of machinery, equipment, and specialised tools, along with enhancing the facility’s production capacity. According to an official release, Mike Kauffman, Vice President of Global Supply Chain at GE Aerospace, expressed satisfaction with the expansion, emphasising the site’s commitment to safety, quality, and customer satisfaction.
Amol Nagar, Managing Director & Head of Operations at GE Aviation Multi-Modal Facility India, highlighted the investment’s role in supporting the company’s aerospace growth in India, meeting rising customer demands. The facility, inaugurated by Prime Minister Narendra Modi in February 2015, specialises in producing components for commercial jet engines, including the GE9X, the world’s most powerful commercial jet engine, and the LEAP engines by CFM.
The facility has also played a vital role in nurturing local aerospace manufacturing talent, having trained over 5,000 individuals in specialised aerospace precision manufacturing processes since its inception. The facility boasts environmental best practices, with 30 percent of its power consumption sourced from renewable sources and zero liquid discharge.
Additionally, the facility recycles and reuses approximately one crore liters of water annually. GE’s decision to split into three companies, focusing on aerospace, healthcare, and energy, was announced in 2021. While GE Healthcare Technologies was spun off in January 2023, the spin-offs of GE Vernova (energy business) and GE Aerospace were completed in February 2024.
