2007-08 Report, Investing & Delivering in Citizenship, Summarizes Key Global Economic Issues
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*GE Healthcare hopes to implement this model across the country with leading institutions;
*GE Healthcare in conjunction with Sanya Hospitals and Diagnostic Centre to establish a new Diagnostic Imaging facility under a public private partnership with the Government of Madhya Pradesh ;
*Rs 80 million partnership will provide diagnostic imaging services using some of the most advanced, hi- tech equipment available from GE Healthcare. The partnership aims to significantly reduce treatment cost by approximately 30-50% for disadvantaged patients.
Projects Support Bangladesh Rural Electrification Initiative
JENBACH, New Delhi, December 20, 2007 -- GE Energy has received its largest order ever for Jenbacher gas engines to support a major rural electrification initiative in Bangladesh. Combined, the engines will generate about 81 MW in electricity at four new power plants to support developing areas of this South Asian country.
Washington, DC, December 10, 2007 -- The U.S.-India Business Council (USIBC) is pleased to announce the appointment of Tejpreet Singh Chopra, President and Chief Executive Officer of GE India, to its Board of Directors.
The U.S.-India Business Council is the premier business advocacy organization representing 260 of the largest U.S. companies investing in India, joined by two dozen of India's largest global companies. USIBC's mandate is to strengthen U.S.-India commercial ties.
New Delhi, November 15, 2007 -- GE Energy Financial Services, a unit of GE (NYSE: GE), is reinforcing its foothold in India's power market through KSK Power Venture Plc -- a leading power project developer in India. GE has acquired approximately 26% of the equity in Sayi Power Energy Limited, KSK's majority owner.
Additional financial details of the transaction were not disclosed.
*GE is expanding MIC and imaging product portfolio to achieve $800M revenue by 2010
*Designed and developed "in India for India" and markets worldwide
*Aims to bring technology on par with developed countries
*Early detection and treatment of jaundice in newborns can help counteract the increasing newborn mortality rate in India
*Expands GE's Maternal-Infant Care (MIC) product portfolio with launch of Lullaby™
*Targets $30M market in India plus exports
