During his trip to the United States, Prime Minister Modi had a meeting with H. Lawrence Culp Jr., the CEO of General Electric. The Prime Minister expressed his gratitude to GE for the company’s commitment over the long term to manufacturing in India. Both parties talked about GE’s plans to increase its technological partnership in order to boost manufacturing in India.
On Wednesday, the Prime Minister of India, Narendra Modi, extended an invitation to Lawrence Culp, the Chief Executive Officer (CEO) of General Electric (GE), to play a more significant role in the aviation and renewable energy sectors of India. During these conversations, which took place prior to Prime Minister Modi’s bilateral meeting with President Joe Biden, the Prime Minister heaped accolades on GE for their unwavering commitment to manufacturing in India over the course of many years.
The meeting takes place at a time when the administration of Vice President Joe Biden is on the verge of giving its approval to a deal that would enable General Electric Company to develop jet engines that are used in Indian military aircraft. It is anticipated that a deal that would finalise the collaborative construction of the engines will be inked and revealed prior to the official state visit that will take place between President Joe Biden and the Prime Minister of India, Narendra Modi. Washington is working to improve its relations with the country that has the largest democracy in the world, and New Delhi is seen as a potential partner for strengthening military and technology connections.
Official Ministry of External Affairs Spokesperson Arindam Bagchi tweeted the following: “PM @narendramodi held useful discussions with CEO of @generalelectric H. Lawrence Culp, Jr.” The Prime Minister expressed his gratitude to GE for its long-term commitment to manufacturing in India and made a request that GE increase the number of technological collaborations it has in India. The Prime Minister of India extended an invitation to GE to take on a more significant role in the aviation and renewable energy sectors of India.
Earlier, Hindustan Aeronautics Ltd. (HAL), a state-owned firm in India, announced that it was in talks to develop the GE-built 414 engine at home and that it intended to use it on a second generation of light-combat aircraft. HAL also stated that it intended to utilise the engine on a third generation of light-transport aircraft.
Reports indicate that the transaction has not yet been finalised and that the United States Congress must also be informed of its terms. The transfer of American military technology to other countries is subject to stringent controls, which are maintained by Washington.