GE Aerospace (GE) is celebrating a decade of manufacturing in Pune, India, and marking the occasion with a $14 million investment to expand capacity and automation at the facility.

The move comes on top of a $30 million commitment the company made just last year, underscoring how India has become a serious player in advanced aerospace manufacturing. It's not just about cutting costs anymore—this is about building sophisticated engine components that power commercial aircraft worldwide.

According to GE Aerospace, the latest cash injection will bring upgraded processes and new automation that boost the site's ability to produce advanced engine components for its commercial engine factories. The goal is straightforward: better efficiency, higher output, shorter lead times, and less downtime.

Over the past ten years, the Pune facility has transformed from a multi-business operation into a specialized high-tech aerospace hub. Today, it's supported by more than 300 suppliers and thousands of trained production associates—a far cry from where it started.

The company's FLIGHT DECK operating model continues to drive improvements at the facility, helping reduce waste and enhance safety. The site holds ISO 14001 and ISO 45001 certifications, which cover environmental management and occupational health and safety standards.

Meanwhile, GE's commercial presence globally keeps getting stronger through major international deals. Emirates and Flydubai recently locked in long-term engine agreements that reinforce demand for the company's propulsion technologies across their fleets.

GE Price Action: GE Aerospace shares were down 1.84% at $295.28 at the time of publication on Thursday.