MACHINIST.IN


GE India hopes to be major player in railways and locomotives
Written by Ramanathan   
Thursday, 25 February 2010
Chennai: John L Flannery, GE India President and Chief Executive Officer, said that he hopes GE India would be a major player in railways and locomotives in the future. "India provides a huge opportunity for us," he said.

He stated that the company currently does not have a large manufacturing foot print in India and that in order to be more competitive here in the long term, the company needs to make more investment in local suppliers and in a manufacturing system.

GE had made an expression of interest on the tender issued by the Indian Railways in 2008. GE Transportation and BHEL jointly bid for the 1,000 diesel locomotive tender issued by the Indian Railways.

He said that the company intended to make more investments in local supplier and manufacturing to have a long time benefit.

He was speaking after receiving the "Indo-US Business Cooperation Award 2010" instituted by Indo-American Chamber of Commerce (IACC) and Sanmar Group. N. Sankar, Sanmar Group Chairman, and Syed Baderuddin, IACC National president, presented the award to General Electric Company, US in recognition of its contribution to the enhancement of Indo-US relations.

GE, through it's John F. Welch Technology Centre in Bangalore and technical centre in Hyderabad, has been carrying out research oriented activities for the last two decades in India. He said that it is not merely the cost benefit, but the quality and levels of expertise here, that makes them do R&D here.

 
Related news
More recent
Earlier on