Economy
GE Aerospace aims to double India sourcing to $400 million by 2030

GE Aerospace aims to double India sourcing to $400 million by 2030

The Hindu2h
THE BRIEF
1

GE Aerospace plans to nearly double its annual component sourcing from India to $400 million by 2030, up from about $200 million in 2025.

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The company's joint venture with Safran, CFM International, expects its installed engine base in India to rise from over 1,400 to 3,200 engines.

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Vikram Rai, GE Aerospace's South Asia CEO, stated that nine out of ten engines in India will be powered by GE or CFM within the next decade.