In a remote eastern corner of the northern state of Bihar in India, 600 miles south-east of Delhi, GE's factory in Marhaura will house its locomotive project - GE's centerpiece of its $200 million investment. Government of India's $2.5 billion order for 1,000 locomotives over 11 years is one of...
GE's India Products Find Global Market
An “incredible innovation market” is how John Flannery, president and Chief Executive Officer of GE Healthcare sees India, as the company takes its locally made affordable products beyond emerging markets into developed markets as well. In a discussion with the newspaper BusinessLine, Flannery explained that the Sustainable Healthcare Solutions business,...
GE Healthcare Targets $1 Billion Revenue by 2020
The India unit of GE Healthcare projects revenue of $750 million this year, chief executive John Flannery said in an interview with the Economic Times. Flannery believes that the current focus on cost, quality and outcomes, the hallmarks of India business, also forms an important aspect of the company's global...
GE Healthcare Launches India Startup Accelerator
GE Healthcare has launched an accelerator focused on startups creating technologies that can improve healthcare delivery in developing or low-resource settings. The company is offering as much as $5 million per startup, reports Business Wire. John Flannery, president & CEO of GE Healthcare said, "Globally, it’s estimated that more than...
GE’s High-Quality, Low-Cost CT Scanner “Made in India”
GE's R&D center in Bangalore is its largest outside that in the U.S. and one of its mandates is to produce quality products that are priced significantly lower than imported equivalents. The Times of India reports that the latest device developed by the company is the computed tomography (CT) system,...