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GE Aerospace will invest USD 14 million to expand the capacity of its manufacturing facility in Pune, taking the total investment announced in less than two years for the 10-year-old site to USD 44 million. The components made at the facility are used for GE90, GEnx, GE9X and LEAP engines. CFM, an equal joint venture between GE and Safran, manufactures the LEAP engines. In a release on Thursday, the company announced it will invest USD 14 million in the Pune manufacturing facility and added that the investment builds upon the USD 30 million announced last year. "The new investment will strengthen the site's capabilities through upgraded manufacturing processes and automation, including enhancements that support advanced engine components," the release said. At current exchange rate, USD 14 million investment is worth around Rs 124 crore. A network of more than 300 suppliers serves the Pune facility, and across India GE Aerospace has over 2,200 suppliers. "Over the past 10 years,
Godrej's aerospace business on Thursday announced that it has delivered the first human-rated L110 stage Vikas engine to the Indian Space Research Organisation (ISRO) for the Gaganyaan project. The first uncrewed test flight under the Gaganyaan project is planned for early next year and ISRO plans to send first Indian astronauts on a home-built rocket to orbit the Earth in 2027. "This achievement reaffirms our long-standing partnership with ISRO and Liquid Propulsion Systems Centre (LPSC), and showcases our capability to deliver mission-critical technology that strengthens India's leadership in space exploration," Maneck Behramkamdin, Executive Vice President and Business Head, Godrej Enterprises Group's Aerospace business, said in a statement. Godrej has been contributing to India's space programme for more than four decades by supplying high-precision engines and components for landmark missions, including Chandrayaan and NISAR. The Gaganyaan mission will use the human-rated LVM-
Aerospace and defence engineering solutions provider Rossell Techsys on Monday said its Board has approved a proposal to raise up to Rs 300 crore through various instruments, including QIP, to fuel its next phase of growth. Rossell Techsys said it anticipates growth opportunities in its existing operations and continues to evaluate avenues for organic expansion. Rossell Techsys Limited's Board of Directors has approved a fundraise of up to Rs 300 crores. The capital will be raised through the issuance and allotment of fully paid-up equity shares and/or other eligible securities, including through a Qualified Institutions Placement (QIP), in accordance with applicable law, the company said in a statement. It has already initiated a postal ballot seeking shareholder approval, with e-voting scheduled from November 4 to December 3. "This capital infusion will support the company's growth and capability expansion plans and strengthen our financial position, enabling us to continue build
State-owned BEML has partnered with Kineco Ltd to work in the field of advanced composite manufacturing for defence and aerospace applications. The Memorandum of Understanding (MoU) was exchanged in the presence of BEML CMD Shantanu Roy, and Shekhar Sardessai, Founder and CMD, Kineco Limited, along with senior officials from both organisations in the national capital. As part of the collaboration, BEML and Kineco will jointly engage in the development and manufacturing of carbon fibre reinforced polymer (CFRP) structures, glass fibre reinforced polymer (GFRP) panels and components, honeycomb cores, foams, and bonding consumables for metallic detail parts. These advanced materials are integral to next-generation aerospace and defence systems, offering lightweight strength, enhanced durability, and superior performance. "By integrating Kineco's composite manufacturing expertise with BEML's engineering excellence, we aim to create world-class solutions that reinforce India's pursuit o
Working on innovative aircraft engine technologies, GE Aerospace is using artificial intelligence to explore design space much more efficiently and ensure improved predictability for maintenance of engines, according to a senior company official. And the 25-year-old John F Welch Technology Centre (JFWTC) in Bengaluru, one of the company's largest integrated multi-disciplinary research and development centres outside the US, is a key contributor in the aerospace major's innovative and sustainable solutions. As Alok Nanda, Chief Technology Officer of GE Aerospace in India, puts it, all the engines launched or certified by GE since the inception of this centre have an imprint from the team in Bengaluru, and the company had "great success with finding talent in India". The team has more than 1,000 aviation technology patents to its credit, besides contributions to the design, development, and certification of CFM LEAP, GEnx, and GE9X engines that power wide-body and narrow-body commerci