Global Research, the technology development arm of the General Electric Company, is opening a 350,000-sq-ft research building at its technology campus in Bangalore, India. The new environmentally designed building, which is LEED (Leadership in Energy and Environmental Design) gold certified, will house nearly 2000 researchers.
Currently, GE Global Research employs more than 2800 employees around the world, including 1900 employees at its center in Niskayuna, New York.
Over the past seven years, GE’s annual research and development expenditures have nearly doubled from US$2.3 billion to $4.3 billion. As part of GE’s ecomagination initiative, the company is doubling its level of investment in clean technologies from $700 million in 2005 to more than $1.5 billion by 2010.
to Daily News