Molly Ayala
General Electric (GE) has been present in India for over a century, with its operations in the country beginning in 1902 with the construction of a hydropower plant at the Shivanasamudra Falls. GE Power India Limited, a publicly owned company, is a leading player in the Indian power generation equipment market, with strong capabilities in engineering, manufacturing, project management, and supply of products. GE Vernova T&D India Limited, another listed entity of the company in India, has been operating for over 100 years. GE India has expanded its business into various sectors, including locomotives, jet engines, oil and gas, nuclear power plants, renewables, healthcare, financial services, and power equipment. The company has forged valuable partnerships with Indian firms and directly employs around 14,000-18,500 people in the country. GE India is committed to contributing to the country's 'Atmanirbhar Bharat' (self-reliant India) mission and fostering an inclusive and diverse culture.
| Characteristics | Values |
|---|---|
| Year of Entry | 1902 |
| No. of Employees | 14,000-18,500 |
| Business | Locomotives, jet engines, oil and gas, nuclear power plants, renewables, healthcare, financial services, power equipment, BPO, engineering, manufacturing, project management, supply of products and solutions for power generation and transmission infrastructure requirements |
| Business Units | GE Power India Limited, GE Vernova T&D India Limited |
| Operations | Noida, Kolkata, Durgapur, Mysuru |
| Partners | Wipro Ltd, Bharat Heavy Electricals Ltd, IIT Madras, IIT Kharagpur |
| Initiatives | Elevate, Make in India, Digital India, Skill India, 'Atmanirbhar Bharat' |
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What You'll Learn
GE Power India Limited's engineering and manufacturing capabilities
GE Power India Limited is a publicly owned company incorporated on September 2, 1992, as Asea Brown Boveri Management Limited. It is a leading energy player in India with strong capabilities in engineering, manufacturing, project management, and supply of products and solutions for power generation and transmission infrastructure requirements.
GE Power India Limited has engineering centres in Noida and Kolkata and a manufacturing unit dedicated to boilers in Durgapur. The company is engaged in the engineering, procurement, and construction (EPC) of key equipment for thermal and hydropower plants. It manufactures electrical and industrial equipment, such as boilers, turbines, generators, and air quality systems, serving major clients like BHEL, NTPC, Siemens, and various state and central utilities.
GE Power India Limited also offers servicing and upgrades of boilers, turbines, and air quality systems to NTPC and various state and central utilities. Additionally, it supplies flue-gas desulphurization equipment to various state and central utilities and IPPs. The company supplies boiler pressure parts, piping mills, and auxiliaries to various countries across APAC, MENAT, and SSA. It also supplies non-coal pressure vessels and cryogenic vessels in India to L&T, various EPCs, and Linde, among others.
GE Power India Limited has a multidisciplinary team of scientists, engineers, creators, inventors, and coders. The company fosters an inclusive culture that values unique identities, diverse backgrounds, and varied experiences. It also believes in driving innovation through collaboration with premier universities and institutions, such as IIT Madras and IIT Kharagpur, to support the making of New India and advance local innovation in affordable medical and aviation technology.
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GE Vernova T&D India Limited's grid solutions business
GE Vernova T&D India Limited is a leading energy player in India with a strong presence in the power transmission and distribution business. The company has been operating in the country for over 100 years and is a listed entity of GE Vernova's Grid Solutions business.
GE Vernova T&D India Limited offers a wide range of products and services for the power generation, transmission, and distribution industry. Their offerings range from medium voltage to ultra-high voltage (up to 1200 kV). The company has a hand in all stages of the power supply chain, providing solutions such as power transformers, circuit breakers, gas-insulated switchgears, and instrument transformers. They also offer substation automation equipment, digital software solutions, and turnkey solutions for substation engineering and construction.
With five manufacturing sites in India, GE Vernova T&D India Limited is well-positioned to meet the growing demand for grid equipment and services. The company is committed to introducing environmentally friendly, green, and digital solutions to make the Indian grid smarter and more resilient.
GE Vernova T&D India Limited is one of two listed companies under GE Vernova in India, the other being GE Power India Limited. GE Power India Limited also has robust capabilities in engineering, manufacturing, project management, and supplying products and solutions for infrastructure development. It has engineering centres in Noida and Kolkata and a manufacturing unit dedicated to boilers in Durgapur.
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GE's role in India's aviation industry
GE has been present in India for over a century, with its first project being the construction of a hydropower plant at the Shivanasamudra Falls in southern India in 1902. Since then, GE has expanded its business in the country to include locomotives, jet engines, oil and gas, nuclear power plants, renewables, healthcare, financial services, power equipment, and BPO. GE has also forged partnerships with Indian firms such as Wipro Ltd and Bharat Heavy Electricals Ltd.
GE plays a significant role in India's aviation industry, with a particular focus on technology and innovation. GE has a fellowship partnership with IIT Madras to improve affordable medical technology and a partnership with IIT Kharagpur to advance aviation technology growth in India. These collaborations enable transformations, enhance research and development, and create an employment-ready workforce.
GE's India Technology Center offers a nine-month-long skilling and mentorship initiative called Elevate, which supports diverse professionals re-entering the industry after a career break. Through this program, GE provides potential hires with targeted on-the-job learning and mentorship support, allowing them to upskill and gain mentorship through regular performance evaluations.
In addition to its focus on skill development, GE also contributes to India's aviation industry through its business units. GE Grid Solutions, for example, works on shaping the future of energy through cutting-edge technology and making a global impact. GE's presence in India's aviation industry is further strengthened by its commitment to fostering an inclusive culture, valuing unique identities, diverse backgrounds, and varied experiences.
Overall, GE's role in India's aviation industry is characterized by its collaboration with academic institutions, its focus on skill development and mentorship, and its commitment to innovation and inclusivity. The company's initiatives and partnerships contribute to the advancement and growth of the industry, making it an important player in shaping the future of aviation in India.
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GE's healthcare partnerships in India
GE Healthcare has been involved in several partnerships in India to improve healthcare services and infrastructure in the country. One notable partnership is with USAID and IPE Global, through the project PAHAL (Partnerships for Affordable Health Access & Longevity). This partnership aims to address the healthcare needs of underserved communities in India, particularly targeting the urban poor. By leveraging private markets and community engagement, the project aims to promote healthy behaviour change, improve access to affordable primary healthcare, and reduce out-of-pocket expenses. This partnership is expected to impact 2.5 million people in India over four years.
GE Healthcare has also been working closely with the Indian government on the 'Make in India' initiative and the Production Linked Incentive (PLI) Scheme. As part of this, GE Healthcare has launched its 'Made in India' CT System - Revolution Aspire CT (Computed Tomography) scanner, which is designed and manufactured in India. This initiative aims to reduce India's reliance on medical device imports and strengthen local manufacturing. GE Healthcare's managing director, Dr Shravan Subramanyam, stated that about one-third of their total sales in India are now manufactured and assembled in the country.
Wipro GE Healthcare, a joint venture between GE Healthcare and Wipro Enterprises, has been a key player in advancing health infrastructure in India through public-private partnerships (PPPs). These partnerships aim to address the challenge of concentrated healthcare facilities and resources in urban areas, despite the majority of India's population living in rural areas. PPPs are crucial in driving health sector reforms and improving accessibility, innovation, and employment opportunities in the country.
To further strengthen India's healthcare ecosystem, Wipro GE Healthcare has invested in a new Medical Device Manufacturing facility under the PLI scheme. This facility manufactures critical medical equipment, including CT machines, cath lab equipment, ultrasound scanners, patient monitoring solutions, ECG machines, and ventilators. Through this initiative, Wipro GE Healthcare aspires to make healthcare more accessible and resilient across India.
Overall, GE Healthcare's partnerships in India reflect a commitment to improving healthcare services, advancing health infrastructure, and enhancing accessibility and affordability for the country's diverse population.
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GE's commitment to diversity and inclusion in India
GE has been present in India for over 100 years and has two listed companies in the country: GE Power India Limited and GE Vernova T&D India Limited. GE Power India Limited has strong capabilities in engineering, manufacturing, project management, and the supply of products and solutions for power generation and transmission infrastructure requirements.
GE India has maintained a focus on inclusion and diversity for more than 25 years. The company's commitment to diversity and inclusion is an integral part of its identity, beliefs, and operations. In South Asia, GE's commitment to diversity and inclusion is spearheaded by the 'GE South Asia Inclusion and Diversity Council', a cross-business and cross-functional group. The council works towards identifying improvements in processes, practices, and people's behaviors across three pillars: gender, sexual orientation, and disabilities.
To further diversity in engineering, the GE Foundation runs 'Next Engineers', a program that fosters diverse innovators and leaders of the future. GE India also conducted a study with IDE consultancy, Avatar, on 'Women's employment in Manufacturing, Operations, and Engineering Services Sector' in 2021 to identify core issues and build resolutions to reduce the gender gap. Based on the insights, GE India is actively taking measures to address unconscious biases and provide training to create a more inclusive workplace.
GE India also encourages young girls to explore STEM careers through the GE Girls initiative and supports the LGBTQAI+ community through The Pride Alliance project. The company celebrated Pride Month in June 2023 with over 1,600 colleagues from 12 campuses across India uniting for Pride Walks.
At GE, BELONG is a platform that allows the company to discover new frontiers in inclusion, diversity, and equity. The conclave provides a forum to learn from thought leaders and gain insights from inspiring stories of inclusion.
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Frequently asked questions
GE has been present in India for over 100 years, beginning with the construction of a hydropower plant at the Shivanasamudra Falls in 1902. This was Asia's first hydroelectric project.
GE Power India Limited is a leading player in the Indian power generation equipment market. It has strong capabilities in engineering, manufacturing, project management, and supply of products and solutions for power generation and transmission infrastructure requirements. GE employs around 14,000-18,500 people in the country.
GE's chairman Immelt has described India as a resource centre for the company, but also emphasised that it needs to deliver as a market. GE has a partnership with Wipro Ltd for healthcare and Bharat Heavy Electricals Ltd for compressors and turbines. GE has also partnered with IIT Madras and IIT Kharagpur to improve local innovation in affordable medical technology and aviation technology growth.
GE believes that India is creating an environment that is congenial for its entrepreneurs. GE has set ambitious financial targets for its India business, such as $2 billion by 2000 and $10 billion by 2015. However, it has not achieved these targets and has declined to share financial numbers.
