GE Aerospace to Expand Component Sourcing from India Amidst Aviation Boom https://lnkd.in/dZrE_w59 #GEAerospace #AviationGrowth #IndiaAerospace #ComponentSourcing #AerospaceIndustry #MadeInIndia GE Aerospace is set to significantly increase its component sourcing from India, tapping into the country’s vast engineering talent and expanding manufacturing capabilities. As India emerges as one of the fastest-growing aviation markets, this strategic move highlights the vital role of local suppliers in the global aerospace supply chain. Explore the implications of this growth and how it positions GE Aerospace for future success.
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🇮🇳✈️ GE Aerospace Expands Jet Engine Manufacturing in India! 🌍🚀 Exciting news for the aviation industry as GE Aerospace strengthens its presence in India by advancing jet engine manufacturing capabilities. This move represents a significant step toward building a robust aerospace ecosystem in the country, with key implications for technology transfer, job creation, and innovation. Here’s what’s happening: 1. Local Manufacturing Partnership: GE Aerospace is collaborating with Indian companies to locally produce advanced jet engines. This partnership aligns with India’s “Make in India” initiative, aiming to boost indigenous manufacturing and reduce dependency on imports. 2. Technology Transfer: The initiative will bring advanced jet engine technology to India, providing local companies access to world-class engineering practices and boosting the country’s aerospace manufacturing expertise. 3. Strengthening Defense Ties: As part of the collaboration, GE will manufacture engines for military aircraft, further bolstering India’s defense capabilities and self-reliance in the aerospace sector. 4. Skilling and Workforce Development: GE Aerospace is investing in upskilling the local workforce, providing training in advanced manufacturing techniques, quality control, and maintenance to support this growth. 5. Sustainability and Innovation: The collaboration will also focus on creating next-generation engines with better fuel efficiency and lower emissions, contributing to the global push for sustainable aviation. This development not only positions India as a key player in the global aerospace supply chain but also strengthens the country’s industrial capabilities in high-tech manufacturing. It’s a win for innovation, local industry, and the future of aviation. #GEAerospace #JetEngines #MakeInIndia #Aviation #Manufacturing #Defense #Technology #SustainableAviation
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GE Aerospace Reports Significant Growth and Robust Future Outlook 🌐✈️ 🔹Orders Surge: GE Aerospace saw a 34% increase in orders, reaching $11bn, driven by strategic pricing and higher volumes in spare parts and widebody and defense deliveries. 🔹Revenue Growth: Achieved a 15% increase in revenue, totaling $8.1bn, showcasing strong market demand and operational excellence. 🔹Profit Increase: Operating profit rose by 24% to $1.5 billion, with profit margins expanding to 19.1%, up by 140 basis points, highlighting improved operational efficiency and cost management. 📈2024 Forecast: Updated full-year forecast predicts operating profits between $6.2bn and $6.6bn, revised upwards from earlier projections. 🔹Key Developments: - Technological Advancements: Continued focus on next-generation flight technologies, with significant enhancements in testing efficiencies and engine performance. - Customer Engagement: Secured a major commitment from Thai Airways International for 90 GEnx-1B engines to power 45 new Boeing 787 aircraft, reinforcing strong customer relationships and product trust. - Financial Health: Demonstrated robust financial performance with a free cash flow of $1.7bn, emphasising strong adjusted earnings and effective capital management. 🔹Strategic Movements: - GE Aerospace maintains its industry leadership through relentless innovation and a commitment to safety and quality, setting the stage for sustained growth and profitability. 🔹Stay Connected: Follow GE Aerospace for more updates and insights into our projects and advancements. <Link 🔗 https://lnkd.in/eY2emX-C> #GEAerospace #Innovation #Aviation #Growth #Technology
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GE Aerospace is boosting its component sourcing from India, reflecting confidence in the country’s growing #aerospacesector. With a workforce of 3,000+ employees, GE plans to strengthen partnerships with local manufacturers, creating new job opportunities and fostering industry growth. Mahendra Nair, group vice president for Commercial Programs at GE Aerospace stated, “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.” CFM International (CFM) Safran GE Aerospace TATA Advanced Systems Limited Indian Air Force Indian Navy Jennifer VanBelle Kristie West Vikram Rai Rob Giglietti Vic Abate Brian Carlin Ana ten Thije-Gallegos Brian Carlin Sterling Leaven Allen Paxson David Easton Jorge Perez Dimitris Triantafyllou Steve Rogers Adam Ward Yasser Ezz El-Din Pierfederico Scarpa Karin Burns CJ Turgeon Mark Drechsler (He/Him) Michael Kauffman Salim Mousallam Luiz Froes Martin O'Neill #aerospace #geaerospace #manufacturing #aviationindustry #supplychain #Innovation #aircraftmanufacturing #aircraftmaintenance #avgeek #aviationlovers #aviationjobs #economicgrowth #aviation #defense #airforce #aerospaceindustry #aircraftcomponents #mro #mrobt Read more: https://lnkd.in/dZ_QKwpX
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As India’s #aviation sector experiences unprecedented growth, GE #Aerospace is strategically increasing its component sourcing from the #country to support both its commercial and #defense programs. With a well-established presence in #India through a manufacturing facility in Pune and the John F. Welch Technology Centre in Bengaluru, GE Aerospace has already cultivated partnerships with 13 major Indian #suppliers, including Tata Advanced Systems Ltd (TASL). Mahendra Nair, Group Vice President for Commercial Programs at GE Aerospace, emphasized the importance of India’s role in their #global supply chain. "We have got some very capable companies in India with the right engineering talent and production footprint," Nair said. "As long as they meet our technical standards, the potential for growth is enormous." With India’s aviation #market expanding rapidly, Nair sees continued sourcing from India as a #logical next step to keep pace with #demand. Vikram Rai, South Asia CEO of GE Aerospace, highlighted a significant rise in sourcing from India, which increased 20-fold between 2018 and 2022. Despite the promising #expansion, Rai noted ongoing global supply chain challenges, with a projected recovery still two years away. "Demand on the supply chain is growing 25 percent annually, and even in today’s constrained environment, we are delivering 25 percent more than last year," Nair added. In #partnership with Safran Aircraft Engines, GE Aerospace’s CFM joint venture produces LEAP engines that #power many of India’s narrow-body #aircraft, a fleet that now relies on over 1,300 engines from GE and CFM. Beyond #commercial aviation, GE Aerospace plays a crucial role in India’s defense sector, with its engines powering the Indian Air Force’s Light Combat Aircraft Tejas Mk1, helicopters, and naval vessels. The company employs approximately 3,000 people in India, underscoring its long-term commitment to the region. GE’s GEnx commercial engines, which power Boeing wide-body aircraft, recently achieved a significant milestone of two million flight hours with South Asian carriers, with Air India Group alone accounting for over 90 percent of these hours. “As India’s aviation market continues to soar, GE Aerospace is well-positioned to capitalize on this growth through increased local partnerships and an expanded supply chain footprint.” Shweta Salunkhe Co-founder, Edge Aviation.
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As India’s #aviation sector experiences unprecedented growth, GE #Aerospace is strategically increasing its #component sourcing from the #country to support both its commercial and #defense programs. With a well-established presence in #India through a manufacturing facility in #Pune and the John F. Welch Technology Centre in #Bengaluru, GE Aerospace has already cultivated #partnerships with 13 major Indian suppliers, including Tata Advanced Systems Ltd (TASL). Mahendra Nair, Group Vice President for Commercial Programs at GE Aerospace, emphasized the importance of India’s role in their #global supply chain. "We have got some very capable companies in India with the right engineering talent and production footprint," Nair said. "As long as they meet our technical standards, the potential for growth is enormous." With India’s aviation #market expanding rapidly, Nair sees continued sourcing from India as a #logical next step to keep pace with #demand. Vikram Rai, South Asia CEO of GE Aerospace, highlighted a significant rise in sourcing from India, which increased 20-fold between 2018 and 2022. Despite the promising #expansion, Rai noted ongoing #global supply chain #challenges, with a projected recovery still two years away. "Demand on the supply chain is growing 25 percent annually, and even in today’s constrained environment, we are delivering 25 percent more than last year," Nair added. In partnership with Safran Aircraft Engines, GE Aerospace’s CFM joint venture produces LEAP engines that power many of India’s narrow-body aircraft, a fleet that now relies on over 1,300 #engines from GE and CFM. Beyond #commercial aviation, GE Aerospace plays a crucial role in India’s defense sector, with its engines powering the Indian Air Force’s Light Combat Aircraft Tejas Mk1, helicopters, and naval vessels. The #company employs approximately 3,000 people in India, underscoring its long-term commitment to the region. GE’s GEnx commercial engines, which power Boeing wide-body #aircraft, recently achieved a significant milestone of two million flight hours with South Asian carriers, with Air India Group alone accounting for over 90 percent of these hours. “As India’s aviation market continues to soar, GE Aerospace is well-positioned to capitalize on this growth through increased local partnerships and an expanded supply chain footprint.” Shweta Salunkhe Co-founder, Edge Aviation.
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Read our latest case study on the work we've completed for GE Aerospace. Multiple sites, 3 continents. 1 name change. Discover how we managed a cross-continent company sign roll out for GE Aerospace in a 6 month time frame. https://lnkd.in/diaRWuhe #globalbrandimplementation #companysigns #corporatebranding #brandidentity
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Hyderabad hosts robust aerospace and defence ecosystem : Sridhar Babu Duddilla Industries and IT Minister D.Sridhar Babu highlighted on Wednesday the manufacturing partnerships, technology collaborations and supply chain sourcing opportunities Hyderabad offered on the back of its strong #aerospace and #defence ecosystem, especially the more than 1,500 precision engineering units it played host. Addressing members of a delegation from the French Aerospace Industries Association (GIFAS), representing 60 prominent French firms, he said this urging them to explore investment opportunities in the State. Mr.Sridhar Babu assured the State government support, the Minister’s office said in a release. Referring to how Telangana has emerged as a preferred manufacturing destination for global OEMs such as Safran, Airbus, #Boeing and Lockheed Martin #GE Aviation, he also listed leading French investments in Hyderabad, including the significant stake held by French airport operator ADP in GMR International airport; three mega manufacturing facilities of Safran in Hyderabad, which includes the first Aero engine MRO being built in India by a global engine OEM. Similarly, #Airbus in partnership with Tata is manufacturing critical components and subsystems in Hyderabad for the C 295 aircraft project. French aerospace companies Ametra and Aresia have formed joint ventures with Hyderabad based Nucon Aerospace. Also, Hyderabad based space startups Dhruva and Skyroot are already working with French partners, he said. The Minister said the State’s forward-looking industrial policies catering to aerospace, defence and space sectors, including the mega projects as well as MSME policies along with various industry outreach initiatives, helped position Telangana as a progressive State for aerospace investments in India. The Young India Skills University, announced recently by the State government, aims to train local youth to meet the industry’s growing manpower needs, including imparting MRO skills. https://lnkd.in/gEvDkTg2
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𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙚𝙧𝙤𝙨𝙩𝙧𝙪𝙘𝙩𝙪𝙧𝙚𝙨 𝙎𝙮𝙨𝙩𝙚𝙢𝙨 𝙈𝙖𝙧𝙠𝙚𝙩 𝙇𝙖𝙣𝙙𝙨𝙘𝙖𝙥𝙚 The Scope of the Aerostructures Systems market encompasses the comprehensive analysis of its various segments, including types, applications, and geographic regions. It covers market size, growth potential, key trends, and competitive landscape. This includes detailed insights into market dynamics, drivers, challenges, and opportunities across different regions, providing a holistic view of the market’s current and future outlook. 𝘿𝙤𝙬𝙣𝙡𝙤𝙖𝙙 𝙎𝙖𝙢𝙥𝙡𝙚 𝙍𝙚𝙥𝙤𝙧𝙩 𝙁𝙤𝙧 𝙈𝙤𝙧𝙚 𝙄𝙣𝙛𝙤𝙧𝙢𝙖𝙩𝙞𝙤𝙣 @ https://lnkd.in/daZR4un8 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: UTC Aerospace Systems Larimart S.p.A. - Leonardo Company.A. ST Engineering - MRAS Spirit AeroSystems RTX GKN Aerospace Goodrich Goodrich Landing Gear TATA Advanced Systems Limited Aurora Flight Sciences Latecoere Aerostructures Canada Orizon Aerostructures RUAG Aerostructures Latecoere Leonardo ST Engineering - MRAS Kongsberg Defence & Aerospace Terma Group DAHER Fokker Technologies Holding B.V. Magellan Aerospace Limited THE CT ENGINEERING GROUP Aerospace Technology Institute Hamble Aerostructures Ltd Latecoere do Brasil Marand Precision Engineering Pty Ltd OMA (Officine Meccaniche Aeronautiche) Latecoere Interconnection Systems Maroc Turkish Aerospace Malaysia GKN Aerospace Sweden AB KMWE Ferra Group GKN Fokker VARTAN.AERO FDC Aéro Composites Stack Metallurgical Group KMWE Aerospace CMC S.r.l. Triumph Structures - Farnborough, Ltd RBC Aircraft Products Inc. ® #Aerostructures #Systems #Market #marketforecast #marketresearch #forecast #analysis #growth #keysegments #trends #drivers #restraints #competitive #landscape
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GE Aerospace is investing over $130 million in its European MRO facilities, part of a $1 billion initiative to enhance capabilities by 2026. The upgrades will expand engine test cells, acquire new equipment, and integrate AI-enabled inspection techniques. This effort aims to meet rising aerospace demand, reduce turnaround times, and improve repair capabilities. As CEO Russell Stokes noted, “This investment will help us meet demand and keep customers’ fleets flying safely.” GE remains committed to safety and quality for all who rely on its products. Lufthansa Technik Kristie West Laura Holmes Brian Carlin Brian Carlin Amy Gowder Jason Hemak Marian Lubieniecki Mark Musheno Salim Mousallam Martin O'Neill Jayesh Shanbhag Shannon Mann Mahendra Nair Karin Burns Pete Gadziala Mohammed Al-Muqbel Carlos Perez Nathan Hicks #MRO #aerospaceindustry #aerospaceengineering #aerospace #aviationsafety #innovation #technology #advancedmanufacturing #engines #aerospacecomponents #aircraftmaintenance #mrobt #mrobtnews Read more: https://lnkd.in/dNxYDUdX
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