GE is looking to establish an Indian subsidiary for engines

30 Mar 2023 CW Team

If GE's ambitions to establish a joint venture to produce the F414 engine domestically in the nation are approved by the US Administrations, Chakan II in Pune might develop into a centre for the jet engines that will power India's next-generation fighter jets, such as the Tejas Mkll and TEDBF.

In order to jointly produce F414 engines for the Indian and export markets and to act as a hub for the global supply chain for these engine's spare parts, GE is thinking about establishing a local subsidiary in India with Indian private sector businesses. This engine powers numerous other jets, including the American F-18 Super Hornet.

It is being thought about building a new facility close to GE's "Brilliant Factory" in Chakan II in Pune, which produces turbocharger assemblies for locomotives and hub assemblies for wind turbines. It's unclear whether GE will establish a joint venture with a 51% ownership stake in India or a subsidiary with 100% ownership there.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..