* The Government of Maharashtra & GE sign an MoU in Pune to foster manufacturing growth
* Shri Prithvi Raj Chavan & GE's leadership perform the ground breaking ceremony at manufacturing site at Chakan
Pune, June 15th, 2012: GE India today announced that 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. 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.
Hon'ble Chief Minister of Maharashtra said "We are pleased to have GE set up their state-of-the-art facility in Pune. GE has had a long-standing presence in India and this is yet another step in the right direction to strengthen this partnership. There is no doubt that the key to success is to develop products and solutions that are localized to suit a specific region and GE has played an instrumental role in achieving that for India. We are confident that such initiatives will strengthen the manufacturing sector in India and enhance growth."
Expressing his appreciation, Shri Prithviraj Chavan, "We are pleased to have GE set up their state-of-the-art facility in Pune. GE has had a long-standing presence in India and this is yet another step in the right direction to strengthen this partnership. There is no doubt that the key to success is to develop products and solutions that are localized to suit a specific region and GE has played an instrumental role in achieving that for India. We are confident that such initiatives will strengthen the manufacturing sector in India and enhance growth."
Sharing his perspective on this occasion, John Rice, Vice Chairman, GE said "This is a momentous occasion for GE since this is yet another key step in strengthening our partnership with India and its people. GE is committed to consistently provide best in class products and localized solutions to the people of India and this manufacturing facility will play a pivotal role in helping us realize that vision. We are thankful to the Government of Maharashtra & MIDC in enabling us to embark on a progressive journey to help benefit the people of India."
Speaking on the occasion, John Flannery, President & CEO, GE India said, "Our new manufacturing facility aligns well with the Government's objective of strengthening manufacturing and overall infrastructure of the country. We are thankful to the Government of Maharashtra & MIDC for their continued support in helping us expand our technology and manufacturing capabilities in India. GE has been consistently working towards developing technologies and products that are localized for India, we will continue to invest in the country's infrastructure and contribute to improving the quality of life for the people".
GE already has a wind turbine assembly unit in Pune. The recently acquired Dresser business by GE builds and tests industrial process valves for both the Indian market and exports. Industrial Solutions plant at Bangalore manufactures industry-leading engineered equipment including Low & Medium Voltage Switchgear, Control and Relay Panels, and Marine and Industrial Breakers. GE's Intelligent Platforms manufacturing and design center provides integration solutions to customers, which include panel engineering, designing, integration and testing of automation controllers and optimisation software. In addition, GE Healthcare has three manufacturing facilities in Bangalore for production of Ultrasound, & Patient Monitoring Systems; CT & X-ray tubes, High Voltage Tanks & components (GE BE Pvt Ltd. through JV with Bharat Electronics); and X-ray, CT and Patient Positioners plant.
GE's India Technology Center in Bangalore is a multi--disciplinary research and development center that expands GE's research and development capabilities to develop new technologies for India and the world.
Purnima SahniMohanty
GE Corporate Manager - Communications
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