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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
GE Aerospace–HAL move closer to F414-INS6 engine co-produ...
2026-04-14 · via Economy News, Latest Economic News Today | The HinduBusinessLine

GE Aerospace on Tuesday announced that it has made significant progress with Hindustan Aeronautics Ltd (HAL) in putting together a collaboration to co-produce F414-INS6 jet engines to power LCA Tejas Mk-2 and other future combat jets.

The F414-INS6 is expected to offer significant power boost of 98 kN thrust compared to the F404 which provides 78-85 kN thurst on the LCA Mk1 variant. Sources said the US has agreed to more than 80 per cent technology transfer for the co-production of the GE-F414 afterburning turbofan engine in the 98 kN thrust class in India.

The finalisation on technical matters took place following a GE delegation led by Vice President Sales & Business Development Rita Flaherty visited Hindustan Aeronautics Limited in Bengaluru last week to meet CMD Dr D K Sunil, Ravi K, Director (Operations) and senior leadership to discuss progress on the GE F404 engines and ongoing discussions on the GE F414 programme.

Nearly three years ago, GE Aerospace had signed an agreement with HAL to co-produce F-414 fighter jet engines in India.

The two sides have been engaged in talks since then to firm up various aspects of the programme.

“GE Aerospace and Hindustan Aeronautics Limited (HAL) are pleased to announce significant progress regarding F414 co-production today, having reached agreement on technical matters,” the GE Aerospace said.

“This agreement marks a significant step forward in strengthening economic growth and advancing cooperation for both India and the US and expands the 40-year partnership between GE Aerospace and HAL,” it said.

The deal is likely to signed later this year after the commercial negotiations gets over.

The engines are expected to power future variants of the Tejas Mk2 and potentially India’s Advanced Medium Combat Aircraft (AMCA), forming a critical component of the country’s push for defence indigenisation.

The partnership builds on over four decades of cooperation between GE and HAL, including the supply of F404 engines that power the current fleet of LCA Tejas. The proposed co-production of F414 engines is also seen as a cornerstone of deeper India–US defence ties, aligning with broader strategic and economic cooperation between the two countries.

Published on April 14, 2026