General Electric (GE) India is interested in participating in a multi-billion dollar railway locomotive project, President and CEO of GE India, John Flannery, announced in his acceptance speech of the IACC-Sanmar Indo-US Business Cooperation Award given to General Electric Company, the US on Wednesday. He added that GE India does not have a large manufacturing footprint in India and, to stay competitive in the long term, it needs to localise business and sourcing of products.
(Source: The Hindu Business Line)