Articles for tag: Aerospace, Aviation, Boost, Chain, Challenges, Demand, Global, India, Plans, Remain, Rising, Significantly, sourcing, Supply

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GE Aerospace plans to significantly boost sourcing from India amidst rising aviation demand, but global supply chain challenges remain.

GE Aerospace plans to significantly boost sourcing from India amidst rising aviation demand, but global supply chain challenges remain.

GE Aerospace is significantly increasing its sourcing of components from India, a rapidly growing aviation Market. With a manufacturing facility in Pune and additional operations in Bengaluru, the company currently works with 13 suppliers, including Tata Advanced Systems Ltd. Vikram Rai, CEO of GE Aerospace South Asia, noted that sourcing has surged by 20 times ...

Market News

Indo National Ltd divests its 51% stake in Kineco Ltd for Rs 220 crore, shifting focus to aerospace and defence industries.

Indo National Ltd divests its 51% stake in Kineco Ltd for Rs 220 crore, shifting focus to aerospace and defence industries.

Indo National Ltd, established in 1972, is a prominent manufacturer of dry-cell batteries in India, operating under the Nippo brand. Recently, the company announced its decision to sell its 51 percent stake in Kineco Ltd, a composites manufacturer, for Rs 220 crore. This move aims to fund new ventures in the aerospace and defense sectors, ...

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