The new opportunities are the outcome of Indian Prime Minister Narendra Modi’s recent visit to the US at the invitation of President Joe Biden and the First Lady Jill Biden.
GE Aerospace and Hindustan Aeronautics Limited (HAL) have forged ties to produce fighter jet engines for the Indian Air Force (IAF). GE Aerospace’s memorandum of understanding (MoU) with HAL is to produce fighter jet engines for the IAF. This could lead to a joint production of GE Aerospace’s F414 engines in India.
“The decision by General Electric to manufacture engines through technology transfer in India is a landmark agreement. This will also open up new employment opportunities in both the countries,” said Modi. Employment opportunities in both countries could unfold, giving better clarity on defence cooperation. To think of it, the defence industries and start-ups of both countries are integral to this cooperation. Linking them together is the main objective of India’s Defence...