Boston, Feb 21: General Electric Co. GE.N said on Tuesday it aimed to generate $ 1 billion

Boston, Feb 21: General Electric Co. said on Tuesday it aimed to generate $1 billion in annual sales through its ''Ecomagination'' program in India by 2010.

The program focuses on products that are energy-efficient or in other ways environmentally sustainable.

The world's second-largest company by market value, behind Exxon Mobil Corp. , also said it had signed a memorandum of understanding to sell more than $2.2 billion of jet engines to Air India [AI.UL].

Overall, GE currently generates about $2 billion in revenue in India. It aims to boost that to $8 billion by 2010.

The company reported 2006 revenue of $163.4 billion.

Reuters