Chakan: Chakan plant to produce rail, aviation and diesel engines
Prime Minister Narendra Modi and General Electric (GE) Vice Chairman John Rice shake hands at the inauguration of the company's plant at Chakan near Pune on Saturday. PTI
General Electric Co will use its new manufacturing facility in India, which was formally inaugurated on Saturday, as an export hub, with plans to send half of its output to the conglomerate’s global factories.
The 67-acre plant in Chakan, near Pune, is GE’s first multi-purpose manufacturing facility in India, which will produce a range of products that will include aviation, rail and diesel engines. It will also be a major part of GE’s plan to win increased domestic orders, the US company said at inauguration, which was attended by Prime Minister Narendra Modi. The GE plant dovetails with the government’s push to turn the country into a manufacturing hub with its “Make in India” initiative.
GE Vice Chairman John Rice told Reuters in an interview that the US conglomerate had spent a total of $200 million on the facility but declined to give other specifics, including how much it will produce.
15/02/15 Reuters/Deccan Herald
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Prime Minister Narendra Modi and General Electric (GE) Vice Chairman John Rice shake hands at the inauguration of the company's plant at Chakan near Pune on Saturday. PTI
General Electric Co will use its new manufacturing facility in India, which was formally inaugurated on Saturday, as an export hub, with plans to send half of its output to the conglomerate’s global factories.
The 67-acre plant in Chakan, near Pune, is GE’s first multi-purpose manufacturing facility in India, which will produce a range of products that will include aviation, rail and diesel engines. It will also be a major part of GE’s plan to win increased domestic orders, the US company said at inauguration, which was attended by Prime Minister Narendra Modi. The GE plant dovetails with the government’s push to turn the country into a manufacturing hub with its “Make in India” initiative.
GE Vice Chairman John Rice told Reuters in an interview that the US conglomerate had spent a total of $200 million on the facility but declined to give other specifics, including how much it will produce.
15/02/15 Reuters/Deccan Herald
