Tata Group, GE ink pact

In a significant development, GE and Tata Group have inked a deal to manufacture CFM International LEAP engine components in India, for the global supply chain.

The two companies also announced their intention to jointly pursue military engine and aircraft system opportunities for the India market.

The LEAP engine is the world's leading jet engine known for its technological superiority, efficient fuel consumption, performance for powering single-aisle commercial jets, according to a press statement released on Thursday.

"Tata group is a leader in the Indian defence and aerospace sector, and we look forward to working together to meet the growing demand for LEAP engines. Our collaboration in building innovative technologies will support the 'Make in India' vision of the Indian government," said John L Flannery, Chairman and CEO of GE.

"We look forward to working with GE to build more expertise and strengthen India's defence manufacturing capabilities," said N Chandrasekaran, Chairman of Tata Sons. "Tata group's partnership with GE will help drive synergies in defence manufacturing and focus on innovation to support our armed forces."

Under the strategic partnership, GE Aviation and Tata Sons' subsidiary, Tata Advanced Systems Limited (TASL), will join forces for manufacturing, assembling, integration and testing of aircraft components. A new Centre of Excellence (COE) will be established to help develop a robust ecosystem for aircraft engine manufacturing in India and build related capabilities.

GE military engines have a strong history in India. GE currently provides the jet engines and marine gas turbines for many Indian military applications including the Air Force Light Combat Aircraft-Tejas Mk 1, Indian Navy P-8I aircraft, and P-17 Shivalik class frigates. Several military programmes under development that include the Light Combat Aircraft-Tejas Mk 2, P-17A & P-71 ships, and the AH-64 attack helicopters will be powered by GE engines.