The Rs.1,000-crore Pune plant of GE would be operational by mid-2014, company President and CEO (South Asia) Banmali Agrawala said here on Friday.
Speaking on the sidelines of an event here, he said theplant was designed to manufacture components for theaviation sector as well as wind and other power generation turbines.
On new products in the domestic market, he said, “We have products in the healthcare segment, which have already hit the market.
“These are super-value products, which are made for Indian and global markets.”
He said India had an edge in intellectual capital. GE was more focused on tapping this hidden talent of employees, mostly from Asian countries.
“We are provoking such employees to bring out ideas. They may not be good at language, but very good at ideas. We are putting special attention to extract these ideas,” Mr. Banmali said.
Of its total strength of 8,000 employees in India, the Bangalore facility has 6,000 persons and the Hyderabad facility 2,000 persons.