GE Aerospace to invest Rs 240 cr to upgrade Pune manufacturing facility
GE Aerospace on Thursday announced its plans to invest over Rs 240 crore (around USD 30 million) to upgrade its manufacturing facility in Pune.
The investment will be used to add new projects and manufacturing processes in the facility by acquiring machines/equipment and specialised tools along with capacity enhancement of existing products, the company said in a statement.
“This investment helps us to continue our growth in aerospace in India, giving us the resources we need to meet increasing customers’ demand,” said Amol Nagar, managing director for GE Aerospace’s Pune facility.
