GE Aerospace to boost India supply chain spending to $400 million by 2030; eyes more sourcing of components

In a strategic push, GE Aerospace plans to ramp up its supply chain spending in India, setting an ambitious goal of USD 400 million. This initiative emphasizes their commitment to the burgeoning Indian aviation market and supports local sourcing initiatives. Presently, GE partners with established suppliers like Tata Group and Mahindra, while also focusing on enhancing their technological and innovative proficiencies in the region.