GE T&D India has sold its Global Financial Shared Services (GFSS) business to GE India Industrial together with the assets and manpower comprised therein on a slump sale basis on an as is where is basis. The said business was non-core business activity for the company providing accounting services of transactional nature to various General Electric Group companies both in India and outside India.
GE T&D India is engaged in power transmission and distribution. Its products and systems serve to transmit and distribute electricity, ensure the reliability, quality and safety of energy flows, as well as operate efficient networks through information management.
