GE to double India sourcing to $400 mn by 2030; GE-CFM engines set to power 9 in 10 aircraft
GE Aerospace announced plans to double its sourcing from India to $400 million by 2030, enhancing local supplier integration in global aerospace manufacturing. The joint venture with Safran, CFM International, is set to power 90% of aircraft engines, reflecting a growing demand for engine maintenance and servicing. This move underscores GE's commitment to expanding its operations in India.