August 26, 2018 / 3:08 PM / 3 months ago

GE Power India to shut West India factor from Monday

NEW DELHI, Aug 26 (Reuters) -

* GE Power India, a unit of General Electric, will shut its Maneja manufacturing plant in western Gujarat state from Monday - company statement

* Around 95 percent of workers at the Maneja factory have opted for a voluntary retirement scheme - statement

* The company will continue as a key contributor to the domestic hydro market - statement

* The company will leverage its robust supply chain capabilities from within GE Group and in collaboration with suppliers to serve its customers - statement (Reporting by Nidhi Verma)

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