 "GE to begin subsea equipment production in India at L&T's Tamil Nadu facility")
In order to support India’s exploration and production (E&P) activities in the oil and gas sector, GE will begin production of subsea equipment in India through collaboration with L&T Hydrocarbon Engineering Limited, a wholly-owned subsidiary of Larsen & Toubro (L&T). The production unit will be located at L&T’s modular fabrication facility in Tamil Nadu, which has an annual capacity of 50,000 metric tonne (MT).
“GE continues to grow its widespread manufacturing footprint in India and this latest collaboration will continue our contributions towards Make in India. Our strategic partnership with L&T has opened new avenues for us to manufacture highly advanced equipment to serve the needs of India’s oil and gas sector as well as the broader, global industry,” commented Ashish Bhandari, CEO, GE Oil & Gas, South Asia
Two companies will partner in the manufacture of subsea manifolds destined for future deep water projects in the Krishna-Godavari basin on the east coast of India. The partnership brings together the manufacturing and technological excellence of two leading companies in the oil and gas space, and also marks India’s entrance into local subsea equipment manufacturing.
L&T’s Tamil Nadu plant is equipped with advanced welding and fabrication capabilities along with a 150 m jetty, making it an ideal location to manufacture advanced hardware for the seabed. Utilising a modular approach, GE’s subsea manifolds will provide long-term reliability, safety and quality, while addressing the complexities of the subsea environment.
Subramanian Sarma, CEO and MD, L&T Hydrocarbon Engineering, said, “Associating with GE will help L&T to broaden its offering in the deep water space and provide a compelling value proposition to our customers. Projects of such strategic importance and magnitude bring huge responsibility and we are poised to make significant contributions to India’s growth curve going ahead.”
In addition to this MoU, L&T Infotech has also joined the GE Digital Alliance Program, with the organisations collaborating to develop innovative digital industrial solutions powered by GE’s Predix operating system for the industrial Internet. They will work together to leverage analytics and real-time insights to enhance competitiveness and transform the way companies manage their assets and workforce.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%