Engine maker GE
Aerospace plans to increase sourcing of components from India, which is a
growing aviation market, a senior company official has said.
The company has a manufacturing facility in Pune and the John F Welch
Technology Centre in Bengaluru. Currently, it has 13 major suppliers, including
Tata Advanced Systems Ltd (TASL).
Mahendra Nair, Group Vice President for
Commercial Programs at GE Aerospace, said India's contribution to the supply
chain will increase.
"We have got some very capable companies in India with the right
engineering talent, the right production footprint and as long as they can meet
the technical standards that we are looking for, it is only upside and it is
going to grow.
"India is a market that is going to grow and that makes sense for us to
continue sourcing more from India," Nair told PTI during a recent
interview in the national capital.
Vikram Rai, South Asia Chief Executive
Officer of GE Aerospace, said the company's sourcing has gone up by 20 times
during 2018 to 2022 period.
India is one of the fastest growing civil aviation markets in the world and
domestic carriers are expanding their fleets.
About the global supply chain situation, Nair said the situation across the
aerospace industry is "tough".
"It is going to take at least another two years before the supply chain
gets better. The reason is... the demand on the supply chain is growing 25 per
cent every year.
"Even in a constrained environment we are seeing right now, it is still an
output of 25 per cent more than last year. If you were to keep the demand the
same, you could have seen a dramatic improvement but demand is going up 25 per
cent every year. It includes OEM demand, airframe demand as well as the service
demand," he noted.
GE Aerospace also has an equal joint
venture with Safran Aircraft Engines called CFM makes the LEAP engines, which
also power many narrow-body planes in India. Currently, around 1,300
engines of GE Aerospace and CFM are used in various planes of Indian carriers.
Also, GE Aerospace's defence engines and systems power Indian Airforce's Light
Combat Aircraft Tejas Mk1, helicopters and Indian Navy's aircraft carrier
battleships and frigates.
The company has around 3,000 employees
in India.
Meanwhile, GE Aerospace's GEnx commercial aviation engines have completed two
million flight hours with South Asian airlines.
At present, 90 GEnx engines power wide-body Boeing planes of Air India, Vistara
and Biman Bangladesh in South Asia, and Air India Group accounted for more than
90 per cent of the two million flight hours clocked by these engines