Energy to Drive GE’s $10 Billion India Goal, CEO Says

General Electric Co., whose equipment generates about one-third of the world’s power, expects energy and health care to drive revenue in India to a $10 billion goal in five years, Chief Executive Officer Jeffrey Immelt said.

GE India is expanding at 30 percent annually, Immelt said in an interview in Mumbai today. “The country has a massive energy deficit,” he said. “They’re going to invest in a whole range of different technologies and GE is going to be able to participate in most of them.”