March 31, 2011
General Electric said it would invest about $200 million for setting up an infrastructure equipment manufacturing facility in India. It also said that it would recruit over 3,000 people for the same this year. “Initially, we would invest $50 million for setting up the manufacturing facility. The total investment will be around $200 million and the company will take a call in the next 3-6 months.
January 23, 2011
John G. Rice, vice-chairman of General Electric Co. and president and chief executive of GE Technology Infrastructure, is scheduled to shift from the US to a new base in Hong Kong. It will be the first time a GE executive as senior as him will relocate from the company’s headquarters. In an interview in Delhi, Rice said the move will bring the multinational company more in tune with local needs.
January 10, 2011
Ramsu Sundararajan, who works at the Prediction Algorithims Center of Excellence in Bangalore India, explains what he likes most about his job, his top five favorite books, and the most important invention of the last 25 years.
December 6, 2010
Wipro GE Healthcare today said it will hire up to 600 people to enhance its marketing force in the next two years, as part of plans to clock a revenue of USD one billion by 2015. The firm, a joint venture between Wipro and global conglomerate GE’s healthcare business, also said it will launch 10-12 products, which have been designed and developed in India in three years time.
November 27, 2010
There were certainly a lot of zeroes in the numbers tied to GE’s recent globetrotting series of moves. From new R&D centers in Brazil and China to a new plan to double U.S. exports, here’s a by-the-numbers snapshot at a busy week focused on global expansion, U.S. jobs, and technology transformations.