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