GE to expand
NEW DELHI: GE Chief Executive Jeffrey Immelt said on Monday he sees great opportunities in India as a manufacturing destination, lending high-profile support to Prime Minister Narendra Modi’s ‘Make in India’ campaign.
Speaking in New Delhi, Immelt said the world’s biggest infrastructure group plans to ramp up its India manufacturing activities with ‘significant’ projects in the rail, power, oil and gas, aviation and healthcare sectors. GE entered India in 1902 with the country’s first hydropower plant and already manufactures goods ranging from aircraft engines to medical imaging machines.