Close on the heels of launching as a standalone company listed on New York Stock Exchange, GE Aerospace has announced an investment of over Rupees 240 crore (USD 30 million) to expand and upgrade its manufacturing facility in Pune.
The investment will allow the facility to add new projects and manufacturing processes by acquiring machines/equipment and specialized tools along with capacity enhancement of existing products.
This significant investment underscores the company’s commitment to expanding its operations and upgrading its capabilities to meet growing demand. With a keen emphasis on safety and quality, the expansion will entail acquiring cutting-edge equipment and specialized tools, alongside enhancing the capacity of existing products.
“Our team at the Multi-modal Manufacturing facility in Pune has a strong focus on safety, quality and delivering for our customers. I am delighted to see the expansion at this site which has already become a strong contributor to our global supply chain of aircraft engine components,” said Mike Kauffman, vice president, Global Supply Chain at GE Aerospace.
Managing Director Amol Nagar echoed this sentiment, emphasizing the investment’s importance in sustaining the company’s aerospace growth in India. Since its inauguration in 2015 by Prime Minister Modi, the Pune facility has been pivotal in producing components for various commercial jet engines, including the world-renowned GE 9X.
Furthermore, the facility has played a key role in nurturing local aerospace manufacturing talent, having trained thousands of individuals in specialized precision manufacturing processes.
Notably, the facility is certified under ISO14001 & ISO45001, demonstrating its commitment to environmental sustainability. Through initiatives such as utilizing renewable energy sources, implementing zero liquid discharge policies, and recycling water and plastic, the facility exemplifies responsible corporate citizenship and environmental stewardship.