Power Engineering GE India to Develop Localized Products and Solutions for Asia's Energy Market
GE India its new manufacturing facility in Pune would develop localized products and solutions for the energy sector in its first phase of operation commencing in 2013. The Government of Maharashtra and GE signed a Memorandum of Understanding (MoU); this was followed by the ground breaking ceremony at the upcoming manufacturing site which is located at MIDC Industrial Park at Chakan, Phase II, Pune.
Pune/India – The new manufacturing facility would spread over a total area of 68 acres. GE will invest a cumulative amount of USD 200 million in building this multi-modal, large scale facility - GE’s first such manufacturing site in India.
The focus on manufacturing is in line with the need for localized products and solutions suited to Indian customers across GE’s various businesses present in the country. The facility, to begin with, will focus on Energy products and technologies driven by the industry needs for power generation, transmission & distribution as well as measurement & control. In addition, GE will package its environment friendly technologies such as hybrid batteries for energy storage and biogas power generation technologies at the plant. The site will enable assembly and production support for any GE business that needs local manufacturing capability in India.