Key Points
A fighter jet engine technology deal with the US, which was announced during Prime Minister Narendra Modi's visit to Washington DC last year, is progressing on time and a detailed technical proposal to set up a manufacturing unit in India jointly with Hindustan Aeronautics Ltd (HAL) will be shared with the state-run company early this year, GE Aerospace Defence & Systems President Amy Gowder told ET...
In an exclusive interview, the top executive said the scope of the technology transfer to HAL will be higher than what GE has done with other partners and that options to export engines and components from India are firmly on the table..
She added that GE is keen to participate in the development of next generation engines for India's Advanced Multirole Combat Aircraft (AMCA) and has a technological advantage over competitors...
Speaking on the landmark pact to manufacture GE Aviation's F414 INS6 engines in India with HAL as the lead partner that was announced during Modi's visit to the US, Gowder said a detailed technology transfer process is underway...
"Because of our long history of integrating (engines) on indigenous platforms and because we are on the prototype of AMCA, we know we have the competence and can bring the technology that the Indian government wants," the top executive said.. (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)..
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