GE Aerospace plans to boost component sourcing from India as the aviation sector in the country expands. GE Aerospace already operates a manufacturing facility in Pune and the John F Welch Technology Centre in Bengaluru. The company currently partners with 13 major suppliers, including Tata Advanced Systems Ltd (TASL).
Mahendra Nair, Group Vice President for Commercial Programs at GE Aerospace, mentioned the growing importance of India's role in their supply chain. Nair told PTI in an interview that, "We have got some very capable companies in India with the right engineering talent, the right production footprint and as long as they can meet the technical standards that we are looking for, it is only upside and it is going to grow."
Nair added, "India is a market that is going to grow and that makes sense for us to continue sourcing more from India."
Vikram Rai, South Asia Chief Executive Officer of GE Aerospace, noted a significant increase in sourcing from India, highlighting that it had grown 20 times between 2018 and 2022.
India is among the fastest-growing civil aviation markets globally, with domestic airlines expanding their fleets. However, the global supply chain for aerospace remains challenging.
According to Nair, "It is going to take at least another two years before the supply chain gets better. The reason is... the demand on the supply chain is growing 25 percent every year."
He explained, "Even in a constrained environment we are seeing right now, it is still an output of 25 percent more than last year."
GE Aerospace, in an equal joint venture with Safran Aircraft Engines named CFM, produces LEAP engines that power many narrow-body planes in India. Around 1,300 GE Aerospace and CFM engines are currently in use by Indian airlines.
Additionally, GE Aerospace's defence engines and systems are used in the Indian Air Force's Light Combat Aircraft Tejas Mk1, helicopters, and the Indian Navy's aircraft carriers and frigates. The company employs around 3,000 people in India.
GE Aerospace's GEnx commercial aviation engines recently achieved a milestone of two million flight hours with South Asian airlines. Presently, 90 GEnx engines power Boeing wide-body aircraft operated by Air India, Vistara, and Biman Bangladesh. Air India Group contributed to over 90 percent of these flight hours.
With inputs from PTI
Mahendra Nair, Group Vice President for Commercial Programs at GE Aerospace, mentioned the growing importance of India's role in their supply chain. Nair told PTI in an interview that, "We have got some very capable companies in India with the right engineering talent, the right production footprint and as long as they can meet the technical standards that we are looking for, it is only upside and it is going to grow."
Nair added, "India is a market that is going to grow and that makes sense for us to continue sourcing more from India."
Vikram Rai, South Asia Chief Executive Officer of GE Aerospace, noted a significant increase in sourcing from India, highlighting that it had grown 20 times between 2018 and 2022.
India is among the fastest-growing civil aviation markets globally, with domestic airlines expanding their fleets. However, the global supply chain for aerospace remains challenging.
According to Nair, "It is going to take at least another two years before the supply chain gets better. The reason is... the demand on the supply chain is growing 25 percent every year."
He explained, "Even in a constrained environment we are seeing right now, it is still an output of 25 percent more than last year."
GE Aerospace, in an equal joint venture with Safran Aircraft Engines named CFM, produces LEAP engines that power many narrow-body planes in India. Around 1,300 GE Aerospace and CFM engines are currently in use by Indian airlines.
Additionally, GE Aerospace's defence engines and systems are used in the Indian Air Force's Light Combat Aircraft Tejas Mk1, helicopters, and the Indian Navy's aircraft carriers and frigates. The company employs around 3,000 people in India.
GE Aerospace's GEnx commercial aviation engines recently achieved a milestone of two million flight hours with South Asian airlines. Presently, 90 GEnx engines power Boeing wide-body aircraft operated by Air India, Vistara, and Biman Bangladesh. Air India Group contributed to over 90 percent of these flight hours.
With inputs from PTI
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