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

The GST Council weighs options to reduce health insurance taxes, potentially aiding affordability while impacting government revenue significantly.

The GST Council weighs options to reduce health insurance taxes, potentially aiding affordability while impacting government revenue significantly.

The GST Council is set to discuss four proposals to alter the tax treatment of health insurance during its upcoming meeting. These options stem from a request to reduce taxes on health insurance products, aiming to make them more affordable. The proposals include fully exempting all health insurance premiums, cutting the GST rate from 18% ...

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