India, May 14 -- GE Vernova, a global energy manufacturing leader, has announced plans to invest approximately Rs 1,400 million (USD 16 million) in India to expand its electrification manufacturing and engineering footprint. This strategic investment, aimed at strengthening India's grid infrastructure, will be executed through its listed entity, GE Vernova T&D India Limited.
The expansion includes the addition of a new manufacturing line at GE Vernova's existing facility in Chennai (Pallavaram) and the establishment of a new engineering and test facility in Noida. These enhancements will bolster the production and validation of next-generation equipment essential for modern power transmission systems.
The Chennai facility will manufacture...