PRZOOM - /newswire/ -
Bangalore, India, 2010/09/16 - GE’s Technology Center in Bangalore, India, the company’s first and largest integrated multidisciplinary Research and Product Development Center outside the US, today celebrates its tenth anniversary. NYSE: GE
- Grows to over four thousand scientists and engineers; files over thousand patents.
- Renews commitment to develop technologies that help improve the quality of life in the country in areas such as Water, Energy and Healthcare.
GE’s Technology Center in Bangalore, India, the company’s first and largest integrated multidisciplinary Research and Product Development Center outside the US, today celebrates its tenth anniversary. Several of the key technologies that the Center worked on, will help launch products , such as high-density batteries, hybrid locomotives, thin-film solar and digital pathology over the coming months.
As part of GE’s ‘In India, For India” initiative, the company aims to improve quality of life, in areas such as Water, Energy and Healthcare by leveraging the technologies developed by it’s technology center in the country. Some of these technologies include zero-energy clean water solutions for rural markets, low wind regime turbines, high efficiency gas engines, biomass based power solutions and diagnostic computed tomography systems (CT) designed in India to provide better access to tier two and three cities.
Dr. Sanjay M. Correa, Vice President and Managing Director – GE India Technology Center said, “The Centre’s tenth anniversary is a significant milestone for GE. Over the years, we have grown a pool of strong technical talent across diverse industries. The Centre is an engine that will help drive GE’s growth both globally and in India. We continue to expand our supply chain in India, qualify vendors and build partnerships for manufacturing that will help address regional customer needs.”
The GE India Technology Center is one of the best places to work for engineers and scientists as it offers challenging jobs and a very exciting technical career path. The center has made significant strides in developing technologies, across a wide portfolio of businesses including, Power Generation, Renewables, Oil and Gas, Water, Electrical Distribution and Controls, Rail, Healthcare and Aviation around the world. Employees at the center can build a career in GE across multiple domains and product lines by simply moving between buildings in the center.
Placing emphasis on the role that the Centre plays in GE’s India strategy, John L Flannery, President and CEO, GE India said, “GE India is focused on addressing the most pressing needs of the country in the areas of infrastructure and healthcare by developing local capabilities, partnerships and technologies. We have a stronger focus today on making sure we attract, develop and retain the best talent and ensuring both current and potential employees see greater value in working for GE. The technology center will continue to help fill the gaps in the local market by developing relevant technologies and products at the right price.”
Since 2001, GE’s annual research and development expenditures have nearly doubled from $2.3 billion to $4.4 billion in 2009. The Company has also doubled its investment in clean technologies from $700 million in 2005 to more than $1.5 billion in 2010. The funding has been directed towards new technologies that are a cornerstone of GE’s future growth plans.
About GE’s India Technology Center
The Center is General Electric's (GE) first and largest integrated multidisciplinary Research and Development Center outside the US. Over 4000 scientists, researchers and engineers work on GE's global technology and engineering programs that help create game-changing technologies and innovations that improve quality of life in India and across the world.
Over one hundred and seventy five million dollars have been invested to set up this world-class facility. The zero-discharge center also houses a Gold-LEED certified green building that can accommodate up to two thousand employees. The center has been certified as a Global Star site, an environment, health and safety standard on par with OSHA standards. The technology center has also been certified as a HealthAhead site – for promoting overall health awareness and wellness for employees and their families. The center was awarded the ET Smart Workplace award (2008) in the Industrial and Manufacturing segment in recognition of its efforts to offer employees an open and free environment fostering technological innovation and talent development.