New Delhi: General Electric's (JE) proposal to set up a jet engine factory in India is expected to be approved during Prime Minister Narendra Modi's visit to the US. Let us know that in the past, the US has agreed in principle to this proposal, but the necessary process for this has not been completed yet. American defense companies cannot set up joint ventures outside the country without the green signal from the Joe Biden government.
India is using only engines purchased from JE in its light combat aircraft. In the coming 10-15 years, India has planned to produce 400 new generation fighter jets. Therefore, India's effort is to set up a joint venture in India between JE and HAL, through which the engine of the aircraft can be produced in India itself. This will reduce the cost. At the same time, a large number of jobs will also be created for the youth in India. According to sources in the Ministry of Defense, the Biden administration can approve the establishment of a joint venture of JE-HAL during PM Modi's visit to the US on June 22.
However, there has been no official word from the White House or JE in this regard so far. At the same time, sources say that India is also working on Plan B in this matter. It is also in touch with some other international companies making jet engines. These include Rolls Royce, Pratt & Winter, Eurojet, but the first preference is being given to JE, as its engine is already being used in Tejas fighter jets.
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