Tag: pune

  • GE Aerospace to Double India Supply Chain Spending to $400 Million by 2030

    GE Aerospace to Double India Supply Chain Spending to $400 Million by 2030

    GE Aerospace will increase annual supply chain spending in India to $400 million by 2030. The target doubles its current procurement footprint in the country.

    Annual spending across Indian suppliers reached $200 million in 2025. Surging fleet orders from domestic airlines drove that total.

    Procurement will cover new engine components alongside higher volumes for existing parts. Sourcing runs through 17 global tier-one suppliers in India, including Tata Group, Mahindra, Hindustan Aeronautics Limited, and Godrej. More than 2,000 domestic tier suppliers support the network.

    Expanding Component Manufacturing in Pune

    Manufacturing centers on the multi-modal plant in Pune. It produces engine components for export and domestic integration. Cumulative capital spending at the site stands at $255 million, feeding global assembly lines for commercial platforms.

    Engineering and software teams operate out of the Bengaluru Technology Centre, established in 2000. The site holds over 1,000 patents. It developed the ABM.ai predictive maintenance platform and the Blade Inspection Tool used across GEnx, CFM LEAP, and GE9X programs. The digital unit also serves as a global capability centre for worldwide engine maintenance, sales, and supply chain tracking.

    Backing Aircraft Fleet Expansion

    Domestic passenger journeys reached 340 million in fiscal year 2026 and are projected to reach 1.1 billion by 2040. Indian carriers and armed services currently operate more than 1,400 commercial engines from GE and its partners, alongside over 200 defence engines.

    Local airlines hold firm orders for over 1,700 aircraft scheduled for delivery over the next decade. More than 3,200 engines from GE Aerospace and its joint ventures will power those fleets. Local component production helps the manufacturer maintain delivery schedules against global supply chain bottlenecks.

    Joint Ventures and Maintenance Capacity

    Regional carriers need local maintenance facilities to avoid turnaround delays abroad. Sourcing parts closer to flight hubs cuts transit time for heavy engine overhauls.

    IndiGo signed a memorandum of understanding in July 2026 with CFM International, GE’s 50-50 joint venture with Safran Aircraft Engines. The deal covers more than 1,000 LEAP-1A engines for 510 Airbus A320neo family jets. It also provides technical support to build IndiGo’s dedicated engine maintenance, repair, and overhaul facility.

    Scaling Local Supplier Integration

    Precision manufacturing in India has moved beyond basic aerostructures into complex rotating parts and turbine components over the past decade. Raising procurement from $200 million to $400 million tests whether local suppliers can maintain aerospace quality standards at higher output rates.

    Next, the supplier development program will qualify new part numbers at Pune and integrate higher production runs across the 17 global Indian supplier partners as deliveries ramp up toward 2030.

  • Tech Mahindra Partners with Rezolve Ai to Scale Agentic Retail Commerce

    Tech Mahindra Partners with Rezolve Ai to Scale Agentic Retail Commerce

    Indian IT services major Tech Mahindra partnered with London-based Rezolve Ai to deploy automated agentic shopping technology across its network of more than 1,100 enterprise clients.

    The agreement gives Rezolve access to 146,000 systems professionals across 90 countries to take retail artificial intelligence beyond conversational chatbots and into live transaction processing.

    Integrating AI Checkout into Enterprise Systems

    Under the alliance, Rezolve Ai will supply its Brain Suite software, which includes Brain Commerce for conversational product discovery and Brain Checkout for autonomous transactions. The system runs on proprietary brainpowa models designed to eliminate hallucinations during commercial transactions, alongside TraceWare audit software that tracks automated agent decisions.

    Tech Mahindra will manage consulting, cloud infrastructure and systems engineering for retail, consumer goods and financial services clients. The combined setup allows AI agents to interpret consumer intent, recommend inventory and execute payments inside existing digital storefronts.

    Daniel M. Wagner, chairman and chief executive of Rezolve Ai, noted that Tech Mahindra’s existing enterprise relationships provide the distribution engine needed to deploy transactional AI at commercial scale.

    Enterprise Push for Transactional AI

    Systems integrators across Asia are racing to shift enterprise clients from experimental chatbots to revenue-generating commerce tools. While basic generative AI handled customer support across Asian retail platforms over the past two years, enterprise rollouts previously stalled at checkout where transaction security and inventory data errors create financial liability.

    Rezolve Ai plans to present its enterprise commerce deployment data during an investor presentation scheduled for October 6, 2026.

  • Fila opens its flagship heritage store in Pune India

    Fila opens its flagship heritage store in Pune India

    After the success of Fila India’s flagship heritage store in Mumbai, Fila has just launched its new heritage store in Pune. Sneaking its way into the affluent neighborhood of Viman Nagar at the bustling Phoenix Market City mall Pune, the store is a 1,068 sq. ft. mecca for sneakerheads and sports fashion enthusiasts alike.

    The bold, oversized, backlit logo is configured to reveal the store’s exteriors from afar. Also reflecting its classic-meets-contemporary vibe with iconic red, white and blue colour palette, the muted store interiors serve as the ideal backdrop to showcase a show-stopping and vibrant Fila Heritage autumn/winter 2018 collection. Global campaign images are displayed around the store as a visual treat to the eyes.

    Talking about the store launch, Rohan Batra, MD of Cravatex Brands Ltd. said, “Quick on the heels of our flagship heritage store launch in Mumbai, we are excited to launch our second store in the young, vibrant city of Pune. With a dominantly cosmopolitan and fashionable student community, Pune seemed like the perfect pit stop on the road to taking on the sports fashion segment in India.”

  • AirAsia India to connect Srinagar, Bagdogra, Pune with Delhi

    AirAsia India to connect Srinagar, Bagdogra, Pune with Delhi

    No-frills carrier AirAsia India today announced the launch of its services to Srinagar and Bagdogra from the national capital, commencing next month.

    The Bengaluru-based airline would also start a direct flight on Delhi-Pune route.

    The launch of two new destinations and one new route is aimed at improving regional connectivity and increasing the airline’s footprint in the country, AirAsia India said in a release.

    The new services will be rolled out from February 19, it said.

    “AirAsia India is consistently growing and is on a rapid business expansion mode. We ended 2016 on a highly positive note and are delighted to continue the same momentum in 2017 with the launch of two new sectors and an additional route,” AirAsia India chief executive officer Amar Abrol said.

    With the launch of these services, AirAsia India would now fly to 13 destinations through its hubs –Bengaluru and New Delhi — covering Chandigarh, Jaipur, Guwahati, Imphal, Goa, Pune, Vizag, Kochi, Hyderabad, Srinagar and Bagdogra.

    The airline also announced special fares from as low as Rs 1,999 for the New Delhi-Srinagar flights and Rs 2,499 and Rs 2999 for Bagdogra and Pune flights from New Delhi.

    AirAsia as a group strongly believes in enhancing connectivity and making air travel affordable for all, Abrol said, adding Bagdogra and Srinagar are key sectors for the airline’s further growth in the domestic market.

  • GO-JEK acquires Pune-based mobile app developer Leftshif

    GO-JEK acquires Pune-based mobile app developer Leftshif

    Indonesia-based leading startup GO-JEK on Tuesday announced that it has acquired Pune-based mobile application developer Leftshift for upscaling its product development, design and engineering platforms.

    This is the fourth Indian start-up acquisition by the Indonesian startup.

    “Our partnership with Leftshift over the last one year has been an amazing experience, they are arguably among the best mobile app developers in the country. We look forward to their team becoming a part of the GO-JEK family,” said Sidu Ponnappa, Managing Director, GO-JEK Engineering India, in a statement.

    Leftshift was started in 2007 with the intent of creating “loveable apps” that people would find easy and convenient to use.

    “The opportunities and challenges at GO-JEK are beyond thrilling. Our resources and technology would certainly complement and accelerate product development at GO-JEK,” added Sudhanshu Raheja, founder and CEO, Leftshift.

    According to GO-JEK, it intends to continue shoring up its India operations as it eyes more talent for key processes like data science, mobile, security and DevOps.

    The financial details of the acquisition were not disclosed.