GET Stock QuotesNews18 APP
News18 English
»
1-min read

Tata Group, GE Aviation Join Hands to Manufacture Jet Engine Components

The strategic partnership envisages GE Aviation and Tata Sons' subsidiary, Tata Advanced Systems Limited (TASL), to join forces for "manufacturing, assembling, integration and testing of aircraft components".

IANS

Updated:December 14, 2017, 10:26 PM IST
facebookTwittergoogleskypewhatsapp
Tata Group, GE Aviation Join Hands to Manufacture Jet Engine Components
Image for rpresentation only.
Loading...
Mumbai: Industrial conglomerates GE and the Tata Group have entered into a pact to manufacture "CFM International LEAP" engine components in India, for the global supply chain, a company statement said in Mumbai on Thursday.

According to the statement, the two companies also evinced their intention to jointly pursue military engine and aircraft system opportunities for the India market.

"We look forward to working with GE to build more expertise and strengthen India's defence manufacturing capabilities," said N. Chandrasekaran, Chairman of Tata Sons.

"Tata group's partnership with GE will help drive synergies in defence manufacturing and focus on innovation to support our armed forces," he added.

The strategic partnership envisages GE Aviation and Tata Sons' subsidiary, Tata Advanced Systems Limited (TASL), to join forces for "manufacturing, assembling, integration and testing of aircraft components".

Accordingly, a new Centre of Excellence (COE) will be established to help develop a robust ecosystem for aircraft engine manufacturing in India and build related capabilities.

"Tata Group is a leader in the Indian defence and aerospace sector, and we look forward to working together to meet the growing demand for LEAP engines. Our collaboration in building innovative technologies will support the 'Make in India' vision of the Indian government," said John L. Flannery, Chairman and CEO of GE.

The "LEAP" is one of the world's leading jet engines known for its technological superiority, efficient fuel consumption and performance for powering single-aisle commercial jets.

Traditionally, GE military engines have had a strong history in India. The company currently provides jet engines and marine gas turbines for many Indian military applications including the Light Combat Aircraft-Tejas Mk 1, Indian Navy P-8I aircraft and the P-17 Shivalik class frigates.

On the other hand, TASL is focused on providing integrated solutions for aerospace, defence and homeland security.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Kotak Mahindra 1,198.35 -6.35
Reliance 1,090.25 -3.84
Sun Pharma 399.00 -2.98
CPSE ETF 22.32 -0.80
Yes Bank 165.65 -0.33
Company Price Change %Gain
Reliance 1,088.50 -3.95
Kotak Mahindra 1,198.15 -6.56
Yes Bank 165.35 -0.45
Sun Pharma 398.85 -3.03
CPSE ETF 22.33 -0.76
Top Gainers
Company Price Change %Gain
IOC 134.35 3.55
BPCL 330.25 1.49
HPCL 226.70 0.85
Coal India 238.15 0.59
Maruti Suzuki 7,350.50 0.50
Company Price Change %Gain
Coal India 238.60 0.76
Maruti Suzuki 7,350.10 0.49
Top Losers
Company Price Change %Gain
Kotak Mahindra 1,198.35 -6.35
Indiabulls Hsg 686.60 -4.22
UltraTechCement 3,776.55 -3.97
Reliance 1,090.25 -3.84
Adani Ports 359.15 -3.83
Company Price Change %Gain
Kotak Mahindra 1,198.15 -6.56
Reliance 1,088.50 -3.95
Adani Ports 359.35 -3.85
Asian Paints 1,272.70 -3.48
Tata Motors 156.85 -3.45

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results