Godrej Aerospace eyes share of GE 414 engine manufacturing, supply chain:
Indian airlines such as Indigo and Air India have recently placed orders for 500 and ...
business-standard.com/companies/news/godrej-aerospace-eyes-share-of-ge-414-engine-manufacturing-supply-chain-123071000813_1.html
Key FactsGodrej Aerospace aims to be part of GE engine manufacturing
Jul 10, 2023 · Reading time: ~20 sec.
Summary created with AI assistance
Summary created with AI assistance
- Godrej Aerospace plans to manufacture modules for GE 414 engines and become part of the supply chain for manufacturing engines for India's next generation indigenous fighter jets.
- The company plans to invest INR 2.50 billion ($30.26 million) to build a facility in Khalapur, Maharashtra for advanced manufacturing, assembly, and integration, according to Godrej Aerospace.
- The Modi government has been promoting indigenous manufacturing and local sourcing of components for aerospace and defense. Companies like Airbus and Boeing have recently committed to increased local manufacturing and investment.
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Godrej Aerospace targets Airbus, Boeing suppliers as India jet orders soar: Godrej Aerospace is in talks to build aircraft parts for suppliers to Airbus (AIR ...
reuters.com/business/aerospace-defense/indias-godrej-aerospace-eyes-share-ge-414-engine-manufacturing-2023-07-10/
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