GE India in the News
GE opens measurement & control validation lab in India
Economic Times, 13 March 2012
GE's Measurement & Control business has inaugurated a state-of-the-art validation laboratory in Electronics City, Bangalore. The new facility is the fourth of its type in the world for GE and the only lab in India to support the repair and calibration of Kaye validation products, the company said in a statement.
Tariff hike will recharge financial viability
Hindu Business Line, 14 March 2012
The Budget will be presented amid rather trying circumstances. The economy has slowed to just over 6 per cent from a high of over 8 per cent, the rupee has depreciated sharply, global energy prices are at an all-time high, and the IIP has been stagnant for some time: Banmali Agrawala, President & CEO, GE Energy, India
The most notable challenge women face is a twofold of roles
Hindu, 7 March 2012
Leadership is often situational, so it's important to be able to assess different circumstances and have the range or flexibility to adapt. That being said, things like clear, strategic thinking, market or domain expertise and effective communication abilities are valuable leadership qualities for any organization: Terri Bresenham is President and CEO, GE Healthcare India and Managing Director, Wipro GE Healthcare.
Livemint, 19 January 2012
The GE Global Innovation Barometer 2012, a worldwide survey of around 3,000 senior executives in 22 countries, suggests that business leaders in developed economies such as the US, Germany and the UK believe their nations aren’t as innovative as they should be. Indian business leaders are largely tepid about the state of innovation in the country.
Hindu Business Line, 22 March 2012
Warmth, wellness, and wonderful stuff. Welcome to you, Baby, hang on to it all as you come in. There are big bucks riding on your whimper. ‘Lullaby' and `Embrace' is how GE Healthcare plans to cocoon neonates born in a hurry. Terri Bresenham, who recently took over as President & CEO, GE Healthcare South Asia, says in an e-mail, “We are at work for a healthier India. One of the critical focus areas for us is helping India reduce the maternal and infant mortality through technologies and partnerships.”
A changing innovation landscape
Livemint, 20 March 2012
At a time when the global economy continues to be in a state of flux and the emerging economies are also beginning to feel the impact of this uncertainty, my mind races to the proverbial thought of viewing the glass as half empty or half full. I choose the latter. What reinforce my belief in India’s long-term growth potential are not just its strong economic fundamentals, but also the range of innovation that is shaping all its sectors: John L. Flannery, CEO, GE India
Women networks at workplace drive gender diversity and excellence
Economic Times, 20 March 2012
In 2009, Prameela Kalive, head, emerging markets of Zensar Technologies, approached her chief executive Ganesh Natarajan and group chairman, Harsh Goenka, confidently with her next goal: To be a part of the senior management cadre. The CEO and chairman pointed out areas where Kalive would have to sharpen her skills and knowledge to take on the goal she aspired for. At GE, participation in the women's network is open to all employees. Nearly 3,500 women across 15 cities are part of the network, which is run by senior women employees in close conjunction with business heads.
GE Healthcare to launch 20 products in 2012
Deccan Herald, 18 March 2012
GE Healthcare is going to launch 20 new products that have been developed and manufactured in India, in 2012, said President and CEO of GE Healthcare India, Terri Bresenham.
Ultrasound is Stethoscope of future: Thomas Gentile
Economic Times, 12 April 2012
Economic Times carried an interview of Thomas Gentile, President of GE Healthcare Systems, wherein he said, “First of all, the technologies we use have become more sophisticated and we have been able to generate better quality images. They have enabled earlier detection, better diagnostic capability, better treatment and better monitoring of results. Our most mature modality is the X-Ray. It has been around for a 100 years, and today it still accounts for 65% of all images that have been taken.”
Renaissance man to propel GE's innovation
Business Standard, 10 April 2012
It is the defining ambition of many a technologist to work for General Electric as the company is famous for being a global innovator. Gopichand Katragadda is now one such person. Katragadda has been picked to head the company’s largest R&D centre outside the US.
Innovation comes home to go global
Times of India, 6 April 2012
Innovation in India used to be largely about developing products for personal consumption and cheaper no-frills versions of existing devices. Many were developed only to be shipped to global markets. For instance, realizing the country's strong R&D capabilities, US giant GE in 2000 set up a centre for developing products for the global markets - years later products customized for the domestic market rolled out. Today, GE's MAC 400 (a portable ECG device), lullaby baby warmers and Vivid P3 (a cardiac imaging ultrasound system) are not only sold in the country but also exported to developed countries. Most of these are 30 to 70% cheaper than the imported versions.
BBDO fuses folk art with technology in new GE campaign
Bestmediainfo.com, 10 May 2012
The campaign, GE Works, brings to life how GE’s commitment to innovation is helping improve the quality of life of every Indian
Innovation is never a Straight Line
Forbes India, 15 April 2012
Forbes India carried an interview with Mark M Little, Director, GE Global Research, wherein he said, “For a very long time, we have tried to make sure that our research impacts our businesses. I came to Global Research from the broad experience of energy and the many phases of it. I measure our success very simply as the impact research makes on each of the businesses…”
India revenue to touch $1billion in 2 years
Times of India, 27 March 2012
Times of India carried an interview of Thomas Gentile, President and CEO, GE Healthcare Systems, wherein he said, “The focus of this trip is really India though I was in Bangladesh a day before. India for us is a very big market with huge growth potential. It's already a big market - we do close to $500 million in sales, and in a couple of years will soon be billion-dollar market. And with 1.2 billion people, the potential is even bigger than that. So there's no doubt that India is on our global radar scene.”
India presents challenging paradigms, opportunities: Terri Bresenham
Business Standard, 26 March 2012
Business Standard carried an interview of Terri Bresenham, President & CEO, GE Healthcare India, and MD, Wipro GE Healthcare, India, wherein she said, “India is the first country to have a large number of multinational healthcare providers. There are seven-eight very active MNCs. It opens a whole host of opportunities for us; in capital management, asset management, supply chain management, among others. The opportunities cut across all categories.”
Less scope for credit card delinquencies: Kadambi Narahari
Business Standard, 16 May 2012
Business Standard carried an interview of Kadambi Narahari, CEO, SBI Cards (JV between State Bank of India and GE Capital), wherein he said, “The environment is not comparable with that of 2008-09. Credit card issuers are relying a lot on bureau data, which has improved dramatically. This has reduced the scope for delinquencies significantly. The irrational exuberance that we saw in 2008-09 no longer exists. Banks are adopting a more calibrated approach in growing their card portfolios.”
Affordable power is cornerstone of growth
The Times of India, 28 June 2012
Interview of John Rice, Vice Chairman of GE on India as a market for GE. Despite the current situation in India, GE is still prepared to back the India growth story and feels that even a 6 % growth in India is much better than what other markets offer.GE has announced the setting up of a Rs 1,100 crore multi-modal facility in Pune.
GE's Rs1,000 crore first Indian factory to come up near Pune
DNA, 19 June 2012
After starting Indian operations as far back as in 1902 by setting up the country‘s first hydro power plant in Karnataka, General Electric (GE), the US-based diversified manufacturing and infrastructure giant, will invest over Rs1,000 crore to set up its first manufacturing facility in the country. GE‘s new facility, to be set up by its Indian arm GE India, will come up at the Chakan industrial area near Pune, part of the Maharashtra Industrial Development Corporation (MIDC) Industrial Park. It will make localised products and solutions for the energy and transportation sectors such as gas-fuelled engines, packaged generator sets, control systems for power sector, compressors for oil and gas industry, wind turbine generators, diesel engines for locomotives. Spread over 68 acres, it will create employment for over 2,500 people. The first phase of the facility is expected to be operational in the next two years and bring in revenues to the tune of $500 million or about Rs2,500 crore. GE India and the Maharashtra government signed an agreement formalising the investment.
GE to invest Rs. 300 cr for India R&D unit
The Economic Times, 7 June 2012
GE India today said it will set up a research and development labs and expand its technology center here by investing over Rs 300 crore. The new investment is focused on expanding GE's India Technology Center here to include experimental labs and its infrastructure showcasing leading-edge research and engineering in a number of areas of critical importance.
GE says it will stay invested in India
Hindu Business Line, 11 June 2012
General Electric Co will start manufacturing more products in India even as it forecast a tough period in the short term for its operations here. “We want to make it (India) local operations here and not import products from the world. If you look at the exchange rates now, we need to have a really local company,” GE India president and CEO, Mr John L. Flannery, told Business Line. He said local manufacturing will also enable the company to take the processes or products to other emerging markets.
GE Energy to localize products for India's wind energy sector
Hindu Business Line, 6 June 2012
GE Energy is focusing on localizing products for the Indian wind energy sector. The company sees interest in these localized products from other emerging markets as well. GE at present makes wind turbines of 1.5 MW and 1.6 MW capacities.
The Economic Times, 30 May 2012
GE's new brand campaign 'GE works' gives the term crowd-sourcing a new meaning. What's different about this campaign is that it has been delivered by the indigenous people through a range of local art forms (Patchwork Art, Soura Art, Madhubani Art & Kalamkari Art). The campaign showcase how GE technology and employees work in tandem to positively impact lives of people, customers, communities and the world.
SBI Cards to add a million customers
Hindu Business Line, 23 August 2012
As credit card spending in India is reaching new high, SBI Cards and Payment Services Pvt Ltd, a joint venture with GE Capital, has targeted to add over one million customers in the next three years.
Jet Airways signs agreement with GE on aircraft engine repair
The Economic Times, 10 July 2012
Jet Airways has signed a $150 million agreement with major engine-maker GE Aviation to cover maintenance, repair and overhaul for new engines to be fitted in nine Airbus A-330 aircraft which it would start inducting later this year.
SBI Card launches online application service 'Click2Card'
The Economic Times, 29 August 2012
SBI Card launched online application service and aims to acquire about 3,000 customers through this initiative in next four months. "Click2Card is another innovative service offering and is in line with our digital roadmap. This new platform will offer significant customer benefits, the primary being convenience," SBI Cards & Payment Services CEO Kadambi Narahari said.
Hindustan Times, 25 August 2012
Telemedicine has taken a giant leap in India with the setting up of eICUs, where critical-care specialists monitor biological parameters realtime and treat patients battling for their lives sitting hundreds of kilometers away. “CritiNext eICU shows telemedicine has reached a point where specialists trust it enough to make real-time treatment decisions for the sickest patients. It allows hospitals to provide advanced consultation, care and monitoring to critically ill in-patients in remote hospitals without having to physically transfer them to a big city,” says John Dineen, CEO, GE Healthcare, which installed the first eICU in India.
India's Health Care Practice Gets a Boost
Knowledge Wharton India, 24 August 2012
CritiNext, the e-ICU from Fortis enables a remote hospital to provide advanced care to critically ill patients without having to physically move them to specialty hospitals.
Indian power transmission system fairly robust: GE Energy
The Economic Times, 9 August 2012
Global conglomerate GE has said that Indian power transmission system is quite robust compared to many developed nations, and a "political will" is needed to reinforce discipline to avoid situations like the recent grid failure.
List of Indian innovations that exhibit frugality and inclusiveness
The Economic Times, 28 July 2012
Indian hospitals import radioisotopes for diagnostic imaging such as PET/CT scans. This is expensive and inefficient as the radioisotopes decay fast. GE partnered with private diagnostic centers to produce the radioisotopes locally, and with airlines to deliver them in time to hospitals in small towns. Together with a frugal "pay-per-use" pricing model, radioisotopes have become much more affordable.
‘Water becoming a serious constraint for power generation’
Hindu Business Line, 19 July 2012
Hindu Business Line carried an interview of Banamali Agrawala, Region President and CEO, GE Energy, wherein he said, “In India, the challenges around water are beginning to manifest in various ways… From the power generation perspective, too, water is becoming a serious constraint. India may have enough coal, but not enough water to produce power (for cooling down equipment and producing steam).”
A CT scanner that halves radiation
Hindustan Times, 13 October 2012
GE Healthcare provided world's most advanced and safe CT (Computed Tomography) scanner that halves a patient's exposure to radiation at no added cost, to Mahajan Imaging Centre in Hauz Khas.
GE Healthcare's innovation gets FICCI award
Hindu Business Line, 11 September 2012
Wipro GE Healthcare, GE Healthcare’s business arm in India, has bagged the FICCI (Federation of Indian Chambers of Commerce and Industry) Healthcare Excellence Award for its efforts to solve maternal/infant care challenge in India.
Global firms will increase investments in India due to policy reforms: John Rice, General Electric
The Economic Times, 24 September 2012
International corporations will increase investments in India following the government's policy reforms announced last week, Vice Chairman of General Electric Co John Rice said.