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GE flags lower-than-expected profit in its first quarter, shares fall by 1%
The company's shares were down about 1% in morning trade
GE eyes India boost as foreign travel spurs demand for bigger planes
Airlines in India, a country of 1.4 billion people, still have just 50 widebody planes deployed for long-haul travel, something GE sees changing as more Indians splurge on travel
Expect India to continue to be a growth driver for sourcing: GE
Company said India possesses an advantage in terms of scale and potential that can be leveraged by GE