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After listing on New York stock exchange, GE Aerospace to invest Rs 240 crore in Pune unit

PUNE: After its listing on the

New York Stock Exchange

,

GE Aerospace

has announced an investment of over Rs 240 crore (~$30 million) to expand and upgrade its manufacturing facility in Pune. The investment will allow the facility to add new projects and manufacturing processes by acquiring equipment and specialised tools along with capacity enhancement of existing products.
“Our team at are multi-modal manufacturing facility at Pune has a strong focus on safety, quality and delivering for our customers.

I am delighted to see the expansion at this site which has already become a strong contributor to our global supply chain of aircraft engine components,” said Mike Kauffman, vice president, Global Supply Chain at GE Aerospace.
Inaugurated in February 2015, the factory produces components for commercial jet engines. These are supplied to GE’s global factories where they are used to assemble G90, GEnx, GE 9X commercial jet engine and the LEAP engines by CFM, a GE and Safran joint venture. The facility has been instrumental in developing local

aerospace

manufacturing talent having trained over 5000 people since inception in specialized aerospace precision manufacturing processes.