India's State-owned Hindustan Aeronautics Limited (HAL) and General Electric (GE) Aerospace signed a $1 billion deal to procure 113 F404-GE-IN20 jet engines to power an advanced variant of India's home-grown Tejas Light Combat Aircraft (LCA) Mk-1A. These jets are crucial for India's air force, which faces regional threats. This deal,...
GE, HAL, to Jointly Manufacture Fighter Jet Engines in India
The aerospace unit of General Electric signed an agreement with India's state-owned Hindustan Aeronautics Ltd (HAL) to make fighter jet engines for the Indian Air Force. GE said that the agreement includes the potential joint production of GE Aerospace's F414 engines in India. India’s quest to manufacture an engine for...
GE Healthcare To Mentor Six Indian Startups
GE Healthcare has chosen six Indian startups as part of the first cohort of its first collaboration program, Edison[X]. The startups chosen are Synapsica, DeepTek, 5C Network, Cancer Moonshot, ORBO AI and Predible. These startups will work towards developing solutions on the Edison platform for tough healthcare challenges existing today. “Edison[X]...
GE Power India looks to expand products and services portfolio
GE Power India plans to invest in and expand its products and services portfolio in India over the next three years and will also use its manufacturing units for exporting to other countries, according to a story in India's Economic Times. GE was among the companies that set up manufacturing...
Safran Builds Airplane Engine Factory in India
Safran S.A., French multinational aerospace-component and defense company's subsidiary Safran Aircraft Engines will build a new plant in Hyderabad, India, to make parts for the LEAP turbofan engine from CFM International, a 50/50 joint company between Safran Aircraft Engines and GE. "We're delighted to open a new chapter in our...
2017 Was Good for India's Department of Atomic Energy
The state-owned units of India's Department of Atomic Energy (DAE) performed well in 2017: Nuclear Power Corporation of India Limited's 2017 profit of $482 million was its highest ever; Uranium Corporation of India Ltd., achieved its highest ever production; and fuel cycle company Nuclear Fuel Complex achieved 115% of its...