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Posted on Nov 22, 09:27PM | UNI
Encashing on the intellectual power of Indians, GE India Tech Centre plans to add 30 more India specific products by 2015 in addition to 30 delivered during the last two years.
The 6000 manpower strong Centre, which had its main location in the city and having sites at Hyderabad, Chennai and Mumbai, had filed nearly 1850 patents over the last ten years and is playing a vital role for GE global.
The new products would be in energy and healthcare sectors besides locomotives, Centre Managing Director Gopichand Katragadda told newsmen here today.
He said nearly 10 per cent of GE India's revenue came from the innovations from the Tech centre anchored by the John F Welch Tech Centre here which had 4500 engineers who would be ramped up to 5000 by this year end.
He had already spent USD 200 M at the JFWTC here and over the next three years another 60 M USD had been planned to be invested in infrastructure. This was apart from a USD 200 m Manufacturing base coming up at Pune whose first phase of production was expected to start from third quarter of next year. Already the Pune centre was manufacturing Wind Turbines.
Dr Katragadda said the Tech Centre would be bidding for the locomotives tender of Indian Railways which had estimated a requirement of 1000 locomotives over the next ten years. The Centre had already developed a high powered diesel locomotive and the first delivery was expected to be made to Indonesia next year.